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BT Brands, Inc. logo

BT Brands, Inc.

BTBD

NASDAQConsumer CyclicalRestaurants

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Previous close

$1.31

+$0.05 · +3.97%

Aug 21, 4:00 PM ET

BTBD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

21

Weakening

Sentiment

50

Mixed

Risk resilience

41

Elevated Risk

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Company profile

Company website

BT Brands, Inc. operates as a quick-service restaurant company, with its primary operations centered in the north-central United States. Its portfolio includes nine Burger Time restaurants strategically located across Minnesota, North Dakota, and South Dakota. Additionally, the company manages a Dairy Queen franchise situated in Ham Lake, Minnesota. The Burger Time establishments serve a diverse menu featuring various burgers, along with chicken and pulled pork sandwiches, an assortment of side dishes, and soft beverages. In contrast, the Dairy Queen location offers its signature range of burgers, chicken items, sides, ice cream, other desserts, and a selection of drinks. Founded in 1987, BT Brands maintains its corporate headquarters in West Fargo, North Dakota.

Industry
Restaurants
Sector
Consumer Cyclical
Headquarters
US
CEO
Gary W. Copperud
Listed since
Nov 12, 2021
Employees
179

Market position

Day range

Current $1.31

52-week range

Current $1.31

Open
$1.30
Previous close
$1.26
Volume
40.89K
0.52× average
Average volume
78.2K
Average daily volume
Market cap
8.1M USD
Beta
0.51
Market reference 1
50-day average
$1.1542
+13.50% above average
200-day average
$1.4007
-6.48% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%18%-1%-20%Gross margin, FY2021: 32.93%Gross margin, FY2022: 28.73%Gross margin, FY2023: 21.46%Gross margin, FY2024: 20.84%Gross margin, FY2025: 28.78%Operating margin, FY2021: 11.60%Operating margin, FY2022: -3.10%Operating margin, FY2023: -9.82%Operating margin, FY2024: -11.54%Operating margin, FY2025: -2.91%Net margin, FY2021: 7.19%Net margin, FY2022: -4.46%Net margin, FY2023: -6.30%Net margin, FY2024: -15.59%Net margin, FY2025: -5.10%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.93%. Gross margin FY2022 28.73%. Gross margin FY2023 21.46%. Gross margin FY2024 20.84%. Gross margin FY2025 28.78%. Operating margin FY2021 11.60%. Operating margin FY2022 -3.10%. Operating margin FY2023 -9.82%. Operating margin FY2024 -11.54%. Operating margin FY2025 -2.91%. Net margin FY2021 7.19%. Net margin FY2022 -4.46%. Net margin FY2023 -6.30%. Net margin FY2024 -15.59%. Net margin FY2025 -5.10%.

Income trends

Revenue

13.49M USD-9.02%

Operating income

−391.82K USD+77.09%

Net income

−687.84K USD+70.24%
Income trends across reported periods16.54M USD9.68M USD2.83M USD−4.02M USDRevenue, FY2021: 8.45M USDRevenue, FY2022: 12.6M USDRevenue, FY2023: 14.08M USDRevenue, FY2024: 14.82M USDRevenue, FY2025: 13.49M USDOperating income, FY2021: 980.71K USDOperating income, FY2022: −391.16K USDOperating income, FY2023: −1.38M USDOperating income, FY2024: −1.71M USDOperating income, FY2025: −391.82K USDNet income, FY2021: 607.85K USDNet income, FY2022: −562.29K USDNet income, FY2023: −887.37K USDNet income, FY2024: −2.31M USDNet income, FY2025: −687.84K USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.45M USD. Revenue FY2022 12.6M USD. Revenue FY2023 14.08M USD. Revenue FY2024 14.82M USD. Revenue FY2025 13.49M USD. Operating income FY2021 980.71K USD. Operating income FY2022 −391.16K USD. Operating income FY2023 −1.38M USD. Operating income FY2024 −1.71M USD. Operating income FY2025 −391.82K USD. Net income FY2021 607.85K USD. Net income FY2022 −562.29K USD. Net income FY2023 −887.37K USD. Net income FY2024 −2.31M USD. Net income FY2025 −687.84K USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue13.49M USD14.82M USD14.08M USD12.6M USD8.45M USD
Cost of goods sold9.61M USD11.73M USD11.06M USD8.98M USD5.67M USD
Gross profit3.88M USD3.09M USD3.02M USD3.62M USD2.78M USD
Selling, general, and administrative2.75M USD3.09M USD2.96M USD2.78M USD1.1M USD
Operating expenses4.27M USD4.8M USD4.4M USD4.01M USD1.8M USD
Interest income148.67K USD178.28K USD300.92K USD125.53K USD—
Interest expense81.62K USD99.91K USD97.61K USD114.77K USD172.86K USD
Depreciation and amortization648.7K USD742.86K USD598.54K USD449.04K USD234.03K USD
Operating income−391.82K USD−1.71M USD−1.38M USD−391.16K USD980.71K USD
Net income−687.84K USD−2.31M USD−887.37K USD−562.29K USD607.85K USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.11
FY2025
Latest fiscal-year revenue
13.49M USD
FY2025 · -9.02% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.19-0.01-0.22-0.42FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend15.46M12.91M10.36M7.81MFY21FY22FY23FY24FY25

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