Barnwell Industries Inc (BRN) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Barnwell Industries reported revenue of $13.7M, down 36.9% from $21.7M the year before. Net income was -$7.1M (a -51.9% net margin), or -$0.71 per diluted share. Gross margin was -51.5% and operating margin was 0.2%. Operating activities generated -$1.8M of cash, leaving -$2.0M of free cash flow. At fiscal year end, Barnwell Industries held $20.8M in total assets against $13.8M in total liabilities, including $2.9M of cash and equivalents.
Open the full interactive Barnwell Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Barnwell Industries Key Stats
| Share Price | $0.94 |
|---|---|
| Market Cap | $13.5M |
| Revenue YoY Growth | -37.0% |
| 52-Week Range | $0.91 – $1.31 |
| Shares Outstanding | 14.3 million (basic, 2026 Q3) |
Barnwell Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $18.3M | $18.1M | $28.5M | $25.3M | $21.7M | $13.7M |
| Cost of Goods Sold | $23.4M | $16.4M | $25.4M | $26.9M | $27.9M | $20.7M |
| Gross Profit | -$5.0M | $1.7M | $3.1M | -$1.6M | -$6.2M | -$7.1M |
| Operating Income | $779,000 | $6.3M | $11.6M | $5.2M | -$687,000 | $30,000 |
| Pre-Tax Income | -$4.7M | $7.5M | $6.5M | -$864,000 | -$5.1M | -$7.1M |
| Income Tax | $3,000 | $332,000 | $347,000 | -$53,000 | $213,000 | $71,000 |
| Net Income | -$4.8M | $6.3M | $5.5M | -$961,000 | -$5.6M | -$7.1M |
| Diluted EPS | -$0.57 | $0.73 | $0.57 | -$0.10 | -$0.56 | -$0.71 |
Barnwell Industries Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $2.5M | $2.7M | $2.5M | $3.4M |
| Net Income | -$2.4M | -$1.4M | -$1.1M | -$440,000 |
| Diluted EPS | -$0.24 | -$0.13 | -$0.09 | -$0.03 |
Barnwell Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.6M | $11.3M | $12.8M | $2.8M | $4.5M | $2.9M |
| Current Assets | $9.5M | $18.0M | $20.1M | $9.1M | $8.9M | $5.2M |
| Total Assets | $15.2M | $24.4M | $37.2M | $35.4M | $30.7M | $20.8M |
| Current Liabilities | $6.4M | $5.9M | $8.9M | $6.6M | $7.8M | $4.7M |
| Total Long-Term Debt | $58,000 | $47,000 | $44,000 | — | — | — |
| Total Liabilities | $17.1M | $14.9M | $18.1M | $16.7M | $17.6M | $13.8M |
| Shareholders' Equity | -$2.0M | $9.5M | $19.1M | $18.7M | $13.0M | $7.0M |
Barnwell Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $750,000 | $831,000 | $7.3M | $1.9M | $4.7M | -$1.8M |
| Cash From Investing | -$833,000 | $3.7M | -$7.1M | -$11.2M | -$2.8M | — |
| Cash From Financing | $60,000 | $2.2M | $1.6M | -$786,000 | -$226,000 | — |
| Free Cash Flow | -$2.8M | -$2.3M | -$6.5M | -$10.6M | $469,000 | -$2.0M |
Figures from Barnwell Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Barnwell Industries financials page for every line item.
Barnwell Industries Company Profile
| Ticker | BRN |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | September 30 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000010048 |
Frequently Asked Questions
What was Barnwell Industries' revenue in fiscal 2025?
Barnwell Industries (BRN) reported revenue of $13.7M for fiscal 2025.
What is Barnwell Industries' annual revenue history?
Barnwell Industries' annual revenue by fiscal year: 2020: $18.3M; 2021: $18.1M; 2022: $28.5M; 2023: $25.3M; 2024: $21.7M; 2025: $13.7M.
What was Barnwell Industries' net income in fiscal 2025?
Barnwell Industries reported net income of -$7.1M for fiscal 2025.
What was Barnwell Industries' earnings per share (EPS) in fiscal 2025?
Barnwell Industries' diluted EPS was -$0.71 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Barnwell Industries generate in fiscal 2025?
Barnwell Industries generated -$2.0M of free cash flow in fiscal 2025.
What was Barnwell Industries' revenue last quarter?
In its most recent reported quarter (2026 Q3), Barnwell Industries reported revenue of $3.4M.
How many shares of Barnwell Industries are outstanding?
Barnwell Industries reported a weighted average of 14.3 million basic shares outstanding in 2026 Q3.
What is Barnwell Industries' market cap?
Based on its latest closing price, Barnwell Industries (BRN) has a market capitalization of about $13.5M.
When does Barnwell Industries' fiscal year end?
Barnwell Industries' fiscal year end, as registered with the SEC, is September 30.
Where is Barnwell Industries headquartered?
Barnwell Industries lists its business address in Houston, Texas in its SEC filings.