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BNCCEA Industries Inc. Common Stock
$5.25$279M
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BNC logo

CEA Industries Inc. Common Stock

BNC
NASDAQ · Engineering & Construction
$5.25
At close - Sep 8, 4:00 PM EDT - USD
Market Cap$279M
P/E-1.0x
52W High$20.90
Volume69.11M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2025Q4

Speculative Treasury Pivot Obscures Core Operational Instability

CEA Industries' recent financial performance is heavily distorted by a strategic pivot toward digital asset treasury holdings, which masks persistent weakness in its core engineering and construction business. While the company reported a massive $283.6M net i...

GrowthMixed
ProfitabilityNegative
ValuationAttractive
TechnicalsNeutral
Explore valuation models
MARKET ACTION

BNC price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

-105% Peers

P/E is 105% below peer median

03

Market leadership

RS 58 · Avg

Average momentum (RS Rating: 58)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · Aug 13

Market performance

Price History →

Trailing total returns as of 9/9/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BNC-18.35%
S&P 500 (^GSPC)+12.12%
1-Year Return
BNC-69.88%
S&P 500 (^GSPC)+18.05%
3-Year Return
BNC-85.21%
S&P 500 (^GSPC)+102.56%
5-Year Return
BNC-85.21%
S&P 500 (^GSPC)+114.88%

Growth & profitability

Annual revenue & EPS trend
Revenue
$132M+4611.2% YoY
Net income
$170M+5509.3% YoY
Free cash flow
$257M+8512.8% YoY
Operating margin
-61.5%+51.7 pts YoY
ROIC (TTM)-34.1%
Avg ROIC 5Y-
ROE (TTM)91%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate0/12 (0%)
Revenue Beat Rate1/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026Latest
May 13, 2026
$2.52
vs —
$26M+183.9%
vs $9M
Q2 2026
Mar 16, 2026
$0.29-39.6%
vs $0.48
$7M-21.1%
vs $9M
Q4 2025
Dec 15, 2025
$5.36
vs —
$117M
vs —
Q4 2025
Oct 1, 2025
-$0.66-193.0%
vs $0.71
$8M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Globe News Wire·Aug 10, 2026
CEA Industries Inc. Regains Compliance with Nasdaq Annual Meeting Requirement

CEA Industries has regained compliance with Nasdaq Listing Rule 5620(a) after holding its 2026 Special Meeting in Lieu of Annual Meetings of Stockholders on July 22, 2026 LOUISVILLE, CO, Aug. 10, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) ("CEA Industries," "BNC" or the "Company"), a growth-oriented company focused on managing the world's largest corporate treasury of BNB, today announced that it has received written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with the annual meeting requirement under Nasdaq Listing Rule 5620(a) and that the matter is now closed.

Globe News Wire·Jun 23, 2026
YZi Labs and CEA Industries Reach Cooperation Agreement to Strengthen BNC Governance

YZi Labs to End Consent Solicitation Following Governance and Leadership Agreement Board Appoints Ella Zhang, Alex Odagiu, Matthew Rozak, bringing additional Digital Asset Industry Expertise and BNB Ecosystem Insight to Support Long-Term Stockholder Value Company to Form CEO Search Committee and Appoints YZi Labs Partner Alex Odagiu as Interim President LOUISVILLE, CO, June 23, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc.

GlobeNewsWire·Jun 23, 2026
YZi Labs and CEA Industries Reach Cooperation Agreement to Strengthen BNC Governance

YZi Labs to End Consent Solicitation Following Governance and Leadership Agreement Board Appoints Ella Zhang, Alex Odagiu, Matthew Rozak, bringing additional Digital Asset Industry Expertise and BNB Ecosystem Insight to Support Long-Term Stockholder Value Company to Form CEO Search Committee and Appoints YZi Labs Partner Alex Odagiu as Interim President LOUISVILLE, CO, June 23, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) (“BNC” or the “Company”), a growth-oriented company focused on managing the world's largest corporate treasury of BNB, and YZILabs Management Ltd. (“YZi Labs”) today announced that they have entered into a cooperation agreement dated June 23, 2026.

Globe News Wire·Jun 23, 2026
CEA Industries Inc. Reports Full Year Fiscal 2026 Financial Results

Successfully executed strategic transformation into a leading publicly traded Digital Asset Treasury focused exclusively on the BNB ecosystem. Holds 515,544 BNB tokens with a fair value of approximately $317. 3 million as of April 30, 2026. Generated $7. 9 million in airdrop income Reports Full Year Fiscal 2026 Net Income of $115.

Filtered for CEA Industries Inc. Common StockMore Headlines
04

Compare before deciding

Benchmark BNC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for CEA Industries Inc. Common Stock (BNC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BNC logoBNCCEA Industries Inc. Common StockCurrent
$5.25$279.2M-1.004611.22%128.84%90.98%—
GRWG logoGRWGGrowGeneration Corp.
$1.63$97.95M-4.08-14.36%-10.07%-17.44%—
HYFM logoHYFMHydrofarm Holdings Group, Inc.
$0.93$4.41M-0.01-29.45%-267.2%——
AEI logoAEIAlset Inc.
$1.26$48.81M-0.57-78.83%-951.44%-29.9%—
EDBL logoEDBLEdible Garden AG Incorporated
$1.42$256.2K-0.01-7.56%-122.09%-169.67%—
SMG logoSMGThe Scotts Miracle-Gro Company
$57.53$3.35B23.29-3.93%2.19%——

Compare BNC vs Peers

CEA Industries Inc. Common Stock (BNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GRWG

Most directly comparable listed peer for BNC.

Scale Benchmark

vs SMG

Larger-name benchmark to compare BNC against a more recognizable public peer.

Peer Set

Compare Top 5

vs GRWG, HYFM, AEI, EDBL

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BNC SEC Filings & Documents

CEA Industries Inc. Common Stock (BNC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 13, 2026·SEC

Material company update

May 6, 2026·SEC

Material company update

Apr 13, 2026·SEC

10-K Annual Reports

1
FY 2025

Mar 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Mar 16, 2026·SEC

FY 2025

Dec 15, 2025·SEC

FY 2025

Sep 22, 2025·SEC

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BNC Frequently Asked Questions

CEA Industries Inc. Common Stock (BNC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is CEA Industries Inc. Common Stock's revenue?

CEA Industries Inc. Common Stock (BNC) reported $132.1M in revenue for fiscal year 2025.

How fast is CEA Industries Inc. Common Stock growing?

CEA Industries Inc. Common Stock (BNC) grew revenue by 4611.2% over the past year. This is strong growth.

Is BNC profitable?

Yes, CEA Industries Inc. Common Stock (BNC) is profitable, generating $170.2M in net income for fiscal year 2025 (128.8% net margin).

Dividend & Returns
What is BNC's return on equity?

CEA Industries Inc. Common Stock (BNC) has a return on equity (ROE) of 91.0%. This is excellent, indicating efficient use of shareholder capital.

What is CEA Industries Inc. Common Stock's free cash flow?

CEA Industries Inc. Common Stock (BNC) generated $257.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BNC back in 2010?

Total return calculator · dividends reinvested · 16+ years of data

See returns →