Flagship explainer

How BLUE DOLPHIN ENERGY CO makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$279M · 100%Cost of revenue$271M · 97%Gross profit$8.7M · 3%Operating income−$1.5M · −1%Income before tax−$6.9M · −2%Income tax−$1.3M · −0%Net income−$5.6M · −2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$279M100%
Cost of revenue$271M97%
$8.7M3%
−$1.5M−1%
Income before tax−$6.9M−2%
Income tax−$1.3M−0%
−$5.6M−2%
Source: · event Dec 31, 2025 · retrieved Sep 19, 2026 · annual-row source set
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