Blue Dolphin swings to Q2 FY26 net income of $17.7 million from loss

BDCO•2026-08-17

Q2 results swing to profit

Blue Dolphin posted Q2 net income of USD 17.7 million, returning to profit from a prior-year loss; EPS was USD 1.19.

Revenue climbed to USD 144.26 million; gross profit rose to USD 25.1 million, swinging from USD 0.6 million.

Six-month performance and liquidity improve

For the first six months, net income increased to USD 32.5 million; EPS rose to USD 2.18.

Cash and cash equivalents, including restricted cash, rose to USD 31.7 million at June 30, up from USD 2 million.

Management comments on execution and volatility

CEO Jonathan P. Carroll cited “disciplined operational execution” amid geopolitical and market volatility, driving strong results and cash generation.

Blue Dolphin swings to Q2 FY26 net income of $17.7 million from loss

Q2 results swing to profit

Six-month performance and liquidity improve

Management comments on execution and volatility

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