BT Brands, Inc.BTBD
What BT Brands, Inc. does.
In this Annual Report, and unless otherwise indicated, the terms “BT Brands,” the “Company,” “we,” “us,” “our,” “our Company,” and “our business” refer to BT Brands, Inc. together with its consolidated subsidiaries.
The following discussion should be read in conjunction with our consolidated financial statements and related notes included elsewhere in this Annual Report. Due to rounding, figures in tables may not sum exactly.
As of December 28, 2025, we owned and operated nine restaurants across multiple states in the Midwest, Massachusetts, and Florida, and held a minority ownership interest in an unconsolidated affiliate that operated an additional five restaurants, for a total of 14 operating restaurant locations. Operating restaurants comprise:
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $8.2M | $8.5M | $12.6M | $14.1M | $14.8M | — |
| Net income | $791,992 | $607,851 | -$562,285 | -$887,368 | -$2.3M | — |
| Free cash flow | $1.2M | $606,035 | -$266,598 | -$747,175 | -$1.2M | — |
More on BTBD.
- BT Brands, Inc. summary
- BT Brands, Inc. financial statements
- BT Brands, Inc. key metrics
- BT Brands, Inc. health scores and style box
- BT Brands, Inc. earnings
- BT Brands, Inc. dividends
- BT Brands, Inc. valuation
- BT Brands, Inc. ownership and insiders
- BT Brands, Inc. peers
Figures from BT Brands, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.