Beyond Oil (BOIL) Q4 2025 earnings summary

Executive summary

• Achieved 627% year-over-year revenue growth in FY 2025, with Q4 revenue up 288% compared to Q4 2024.

• Expanded gross margin from 40.3% in FY 2024 to 50.1% in FY 2025, reflecting improved cost efficiencies.

• Secured major end-customer wins in premium casual dining, food retail, and food distribution, driving commercial momentum in North America.

• Strengthened leadership team with appointments to the Advisory Board, supporting execution of growth strategy.

Financial highlights

• Q4 2025 revenue reached $1.24M, up from $320K in Q4 2024; FY 2025 revenue was $4.5M, up from $0.6M in FY 2024.

• Q4 2025 gross profit was $550K (44.4% margin), up from $140K (43.8%) in Q4 2024; FY 2025 gross profit was $2.3M (50.1% margin), up from $0.3M (40.3%) in FY 2024.

• Q4 2025 net loss was $2.8M, compared to $0.2M in Q4 2024; FY 2025 net loss was $16.0M, compared to $5.1M in FY 2024.

• Excluding non-cash expenses, FY 2025 net loss was $4.1M, compared to $2.6M in FY 2024.

• Cash and short-term deposits totaled $8.8M as of December 31, 2025, up from $3.6M a year earlier.

Outlook and guidance

• Anticipates continued commercial rollout in the U.S. supermarket and premium casual dining segments, with opportunities to scale across hundreds of locations.

• System-wide accessibility through Sysco Los Angeles creates a scalable pathway for further domestic and global distribution.