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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bergen Carbon Solutions
Bergen Carbon Solutions (BCS) investor relations material
Bergen Carbon Solutions Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary5 Nov, 2026
Executive summary
Development is focused on documenting BCS CNT performance in battery applications and translating partner feedback into product development; industrial testing has expanded and feedback is encouraging.
Cash and cash equivalents were NOK 110.3 million at Q3 end; management cited a constant burn rate and minimal additional CAPEX under current plans.
Financial highlights
Q3 revenue was NOK 113k; operating expenses were NOK 8.6 million versus NOK 11.1 million in Q3 2025, and operating loss was NOK 8.5 million versus NOK 11.1 million.
Q3 net loss was NOK 7.3 million versus NOK 9.6 million; adjusted net loss was NOK 6.9 million, excluding NOK 0.4 million of non-cash one-offs, versus NOK 9.1 million adjusted in Q3 2025.
YTD operating expenses were NOK 31.0 million, operating loss NOK 30.9 million and net loss NOK 27.1 million.
Q3 net cash change was negative NOK 11.8 million; period-end cash was NOK 110.3 million versus NOK 140.9 million a year earlier.
Outlook and guidance
Focus remains on converting test results and partner feedback into product development and application-specific documentation, including larger-cell testing.
Current strategy execution is expected to require minimal additional CAPEX, with a constant burn rate and extended financial runway.
NOK 2.5 million in SkatteFUNN grant funding was expected in Q4 2026; cash excludes future grants from Innovation Norway and other institutions.
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Latest events from Bergen Carbon Solutions
- Improved net loss, strong cash, and patent milestone drive disciplined progress and future growth.BCS
Q2 2026 - Stable finances, improved process control, and policy support drive sustainable battery growth.BCSQ1 2026
- Cash burn down 48%, net loss cut 36%, and strong cash reserves support 2026 growth.BCSQ4 2025
- Stable carbon process, reduced losses, and NOK 30M grant drive sustainable battery growth.BCSQ3 2025
- Cash burn cut 48%, in-house battery tech advanced, and strategic partnerships secured.BCSQ2 2025
- Technology advances, new partnerships, and strong cash reserves drive Q3 momentum.BCSQ3 2024
- Q2 net loss narrowed, liquidity strong, and new Battery Lab supports battery value chain progress.BCSQ2 2024
- Burn rate down 23%, NOK 14M funding secured, and tech milestones achieved in Q4 2024.BCSQ4 2024
- Cash burn down 53%, tech milestones reached, and strong finances support market entry.BCSQ1 2025
Next Bergen Carbon Solutions earnings date
Q4 202619 Feb, 2027
Bergen Carbon Solutions
Next Bergen Carbon Solutions earnings date
Q4 202619 Feb, 2027
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Frequently asked questions
Bergen Carbon Solutions develops and manufactures carbon nanofibers using carbon dioxide and hydropower. The company’s proprietary, wet spinning technology converts carbon dioxide, a greenhouse gas, into high-quality, electrically and thermally conductive fibers. Bergen Carbon Solutions products for applications such as lightweighting of composites, batteries, and components for fuel cells. It serves the Oil & Gas, Medical and Battery markets. The company is based in Bergen, Norway.