# BT Brands, Inc.: overview BTBD · Nasdaq · CIK 1718224 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/btbd.md) · [Financials](/companies/btbd/financials.md) · [Filings](/companies/btbd/filings.md) · [Insiders](/companies/btbd/insiders.md) Latest reported revenue: [$3.6m](/filings/0001477932-26-005132.md) for Q2 FY2026, three months to 2026-06-28, from the 10-Q filed Aug 17, 2026 (XBRL us-gaap:Revenues, accession 0001477932-26-005132). ## Last eight quarters | Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-29) | Q4 FY2024 (2024-12-29) | Q1 FY2025 (2025-03-30) | Q2 FY2025 (2025-06-29) | Q3 FY2025 (2025-09-28) | Q1 FY2026 (2026-03-29) | Q2 FY2026 (2026-06-28) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $k | [4,111](/filings/0001477932-25-006037.md) | [4,349](/filings/0001477932-25-008407.md) | [3,174 d](/filings/0001477932-25-002248.md) | [3,231](/filings/0001477932-26-003265.md) | [3,780](/filings/0001477932-26-005132.md) | [3,854](/filings/0001477932-25-008407.md) | [2,844](/filings/0001477932-26-003265.md) | [3,551](/filings/0001477932-26-005132.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [(4.6%)](/filings/0001477932-25-006037.md) | [(1.7%)](/filings/0001477932-25-008407.md) | [(29.6%) d](/filings/0001477932-25-002248.md) | [(9.0%)](/filings/0001477932-26-003265.md) | [(2.0%)](/filings/0001477932-26-005132.md) | [19.1%](/filings/0001477932-25-008407.md) | [(8.2%)](/filings/0001477932-26-003265.md) | [3.3%](/filings/0001477932-26-005132.md) | | Net margin | % | [(1.7%)](/filings/0001477932-25-006037.md) | [(5.0%)](/filings/0001477932-25-008407.md) | [(49.7%) d](/filings/0001477932-25-002248.md) | [(10.2%)](/filings/0001477932-26-003265.md) | [1.5%](/filings/0001477932-26-005132.md) | [23.7%](/filings/0001477932-25-008407.md) | [(26.4%)](/filings/0001477932-26-003265.md) | [16.2%](/filings/0001477932-26-005132.md) | | Diluted EPS | $ per share | not reported | [(0.04)](/filings/0001477932-25-008407.md) | not reported | [(0.05)](/filings/0001477932-26-003265.md) | [0.01](/filings/0001477932-26-005132.md) | [0.15](/filings/0001477932-25-008407.md) | [(0.12)](/filings/0001477932-26-003265.md) | [0.09](/filings/0001477932-26-005132.md) | | Free cash flow | $k | [53.7 d](/filings/0001477932-25-006037.md) | [50.4 d](/filings/0001477932-25-008407.md) | [(800) d](/filings/0001477932-25-002248.md) | [(431)](/filings/0001477932-26-003265.md) | [384 d](/filings/0001477932-26-005132.md) | [262 d](/filings/0001477932-25-008407.md) | [(138)](/filings/0001477932-26-003265.md) | [162 d](/filings/0001477932-26-005132.md) | - Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure. ## Last five fiscal years | Line item | Unit | FY2020 (2021-01-03) | FY2021 (2022-01-02) | FY2022 (2023-01-01) | FY2023 (2023-12-29) | FY2024 (2024-12-29) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [8.2](/filings/0001477932-22-001454.md) | [8.5](/filings/0001477932-23-002705.md) | [12.6](/filings/0001477932-24-001711.md) | [14.1](/filings/0001477932-25-002248.md) | [14.8](/filings/0001477932-25-002248.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [6.5%](/filings/0001477932-21-001377.md) | [11.6%](/filings/0001477932-23-002705.md) | [(3.1%)](/filings/0001477932-24-001711.md) | [(7.6%)](/filings/0001477932-25-002248.md) | [(12.4%)](/filings/0001477932-25-002248.md) | | Net margin | % | [9.7%](/filings/0001477932-22-001454.md) | [7.2%](/filings/0001477932-23-002705.md) | [(4.5%)](/filings/0001477932-24-001711.md) | [(6.3%)](/filings/0001477932-25-002248.md) | [(15.6%)](/filings/0001477932-25-002248.md) | | Diluted EPS | $ per share | [0.20](/filings/0001477932-22-001454.md) | [0.14](/filings/0001477932-22-001454.md) | not reported | not reported | not reported | | Free cash flow | $m | [1.2](/filings/0001477932-22-001454.md) | [0.6](/filings/0001477932-23-002705.md) | [(0.3)](/filings/0001477932-24-001711.md) | [(0.7)](/filings/0001477932-25-002248.md) | [(1.2)](/filings/0001477932-25-002248.md) | - Revenue. XBRL Revenue: us-gaap:Revenues. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/btbd/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $48.8k | 45,582 | | New +45,582 | | [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $44.5k | 41,628 | | New +41,628 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $32.3k | 30,218 | | Unchanged | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $26.1k | 24,415 | | Added +2,622 | | [XTX Topco Ltd](/funds/1828301.md) | 2026-06-30 | $23.7k | 22,130 | | New +22,130 | | [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $21.1k | 19,699 | | Added +8,359 | | [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $17.3k | 16,149 | | Unchanged | | [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $11.8k | 11,014 | | New +11,014 | | [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $10.4k | 265,391 | | Added +200 | | [Tower Research Capital LLC (TRC)](/funds/1533421.md) | 2026-06-30 | $3.7k | 3,471 | | Added +1,563 | ## Recent filings [All 127 filings](/companies/btbd/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-17 | 16:11 ET | [10-Q](/filings/0001477932-26-005132.md) | Quarterly report, period 2026-06-28 | 0001477932-26-005132 | | 2026-06-24 | 11:29 ET | [8-K](/filings/0001477932-26-003966.md) | 5.07 Shareholder vote results | 0001477932-26-003966 | | 2026-06-01 | 16:34 ET | [DEF 14A](/filings/0001477932-26-003555.md) | Proxy statement, period 2026-06-19 | 0001477932-26-003555 | | 2026-06-01 | 08:56 ET | [8-K](/filings/0001477932-26-003519.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001477932-26-003519 | | 2026-05-18 | 12:43 ET | [10-Q](/filings/0001477932-26-003265.md) | Quarterly report, period 2026-03-29 | 0001477932-26-003265 | | 2026-05-07 | 16:40 ET | [8-K](/filings/0001477932-26-002841.md) | 1.02 Termination of a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001477932-26-002841 | | 2026-04-16 | 17:15 ET | [8-K](/filings/0001477932-26-002338.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001477932-26-002338 | | 2026-04-06 | 15:46 ET | [8-K](/filings/0001477932-26-002022.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001477932-26-002022 | | 2026-04-03 | 21:19 ET | [8-K](/filings/0001477932-26-001979.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001477932-26-001979 | | 2026-03-30 | 07:46 ET | [10-K](/filings/0001477932-26-001755.md) | Annual report, period 2025-12-28 | 0001477932-26-001755 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 28, 2025](/filings/0001477932-26-001755.md), filed Mar 30, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-28, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/a8a3f0c4-3b87-43bb-8408-6a63a6643b53) ## About the filer - CIK: 1718224 - Tickers: BTBD, BTBDW - Exchange: Nasdaq - SIC code: 5812 Retail-Eating Places - State of incorporation: WY - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.