Bimergen Energy Q2 FY26 net income turns to $1.63 million; revenue rises to $7.9 million

• Bimergen Energy posted GAAP net income of $1.63 million for the quarter ended June 30, 2026, versus a loss a year earlier.
• Revenue was $7.9 million, up from no revenue, with $4.81 million in gross profit.
• Operating results swung to an operating loss of $1.57 million from operating income a year earlier as general and administrative costs rose 297% to $3.24 million.
• For the six months, GAAP net loss widened 26% to $2.12 million as general and administrative expense climbed 319% to $7.01 million.
• Management cited revenue mainly from BESS development fees, including about $0.9 million tied to a forfeited solar development deposit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bimergen Energy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-038439), on August 14, 2026, and is solely responsible for the information contained therein.