CEA Industries Inc.(BNC)Stock Analysis
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Rank #610 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BNC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for CEA Industries Inc. (BNC), a Consumer Staples sector company. 13F Pro's AI-powered ranking engine scores BNC at 64.9/100 on a 32-signal composite quality model, placing it at rank #610 of 2,879 stocks — the top 25% of the AI-ranked universe. BNC scores in the top quartile across balance sheet strength (99.6), profitability (99.1), revenue growth (94.7). Areas of concern include revenue scale (5.2) and free cash flow (5.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), CEA Industries Inc. reports quarterly revenue of $7.4M, net income of $-56.0M, free cash flow of $5.5M. Top institutional holders of BNC by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, Brevan Howard Capital Management, Saba Capital Management, L.P., based on the most recent SEC filings. BNC trades on the Nasdaq exchange and files with the SEC under CIK 1482541. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BNC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CEA Industries Inc. directly from SEC EDGAR.
Revenue
Q2 2026
$7.4M
Net Income
Q2 2026
$-56.0M
Free Cash Flow
Q2 2026
$5.5M
D/E Ratio
Q2 2026
0.01
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-49.3% YoYNet Income
-117.6% YoYOperating Income
-49.3% YoYEPS (Diluted)
Total Assets
+160.7% YoYTotal Debt
Op. Cash Flow
-91.1% YoY| Metric | FY 2023 | FY 2021 | FY 2019 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | $6.9M -49.3% | $13.6M -10.4% | $15.2M +58.9% | $9.6M +26.4% | $7.6M -3.6% | $7.9M |
| Net Income | $-2.9M -117.6% | $-1.3M +0.0% | $-1.3M +71.8% | $-4.7M -45.0% | $-3.3M +38.2% | $-5.3M |
| Operating Income | $-3.0M -49.3% | $-2.0M -51.0% | $-1.3M +72.8% | $-4.8M -804.5% | $-532.9K +82.9% | $-3.1M |
| EPS (Diluted) | $-4.33 | — | — | — | — | — |
| Total Assets | $13.8M +160.7% | $5.3M +30.5% | $4.0M +47.0% | $2.8M +30.0% | $2.1M -31.7% | $3.1M |
| Total Debt | — | — | — | — | — | $1.6K |
| Operating Cash Flow | $-6.1M -91.1% | $-3.2M -577.4% | $671.8K +123.6% | $-2.8M -2852.5% | $103.5K +106.1% | $-1.7M |
AI Insight: BNC Financial Trends
CEA swung from near-zero revenue to $7M run-rate, but Q4 2025's $284M net income spike reversed sharply into $163M cumulative losses in 2026.
• Revenue stabilized at $7M/quarter since Q4 2025, up from $0–1M prior year.
• Operating cash flow turned negative: $-22M in Q4 2025, $-8M in Q1 2026, $5M in Q2 2026.
• Equity collapsed from $485M (Q4 2025) to $305M (Q2 2026) amid $163M net losses in first two quarters of 2026.
⚠ Q4 2025 $284M net income appears anomalous; immediate reversal to $-107M (Q1 2026) and $-56M (Q2 2026) suggests one-time gain or accounting event.
⚠ Operating margin collapsed: $90M operating income (Q4 2025) to $-164M (Q1 2026) and $-79M (Q2 2026) on flat $7M revenue.
AI Insight: BNC Ratio Trends
CEA Industries swung from severe operating losses through early 2025 to TTM profitability, but latest quarter shows deteriorating ROE and ROA despite minimal leverage.
• Operating margin improved from -150.5% in Q1 2025 to -123.2% in Q3 2025, signaling operational recovery.
• TTM ROE and ROA both strongly positive at 37.8% and 34.1% respectively, reflecting trailing twelve-month turnaround.
• Q2 2026 ROE deteriorated to -73.5% and ROA to -66.3%, reversing the improvement trend seen in TTM.
⚠ Sharp disconnect between TTM profitability metrics and Q2 2026 negative returns—suggests recent quarter(s) drove significant losses.
⚠ Data gaps across multiple quarters obscure timing and magnitude of operational inflection; seasonal or one-off drivers unclear.
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Available Research
13F Pro tracks comprehensive data for CEA Industries Inc. including:
Top Institutional Holders of BNC
VANGUARD CAPITAL MANAGEMENT LLC
$5.6M1,901,464 shBrevan Howard Capital Management LP
$4.5M1,533,870 shSaba Capital Management, L.P.
$3.3M1,143,533 shBlackRock, Inc.
$1.9M643,710 shMILLENNIUM MANAGEMENT LLC
$1.7M579,562 shGEODE CAPITAL MANAGEMENT, LLC
$1.5M520,701 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$1.2M395,618 shAlyeska Investment Group, L.P.
$1.1M362,431 shArrington Capital Management, LLC
$936.0K320,545 shGROUP ONE TRADING, L.P.
$897.9K307,500 sh
| Fund | Value | Shares |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $5.6M | 1,901,464 |
| Brevan Howard Capital Management LP | $4.5M | 1,533,870 |
| Saba Capital Management, L.P. | $3.3M | 1,143,533 |
| BlackRock, Inc. | $1.9M | 643,710 |
| MILLENNIUM MANAGEMENT LLC | $1.7M | 579,562 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.5M | 520,701 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.2M | 395,618 |
| Alyeska Investment Group, L.P. | $1.1M | 362,431 |
| Arrington Capital Management, LLC | $936.0K | 320,545 |
| GROUP ONE TRADING, L.P. | $897.9K | 307,500 |
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Popular Research
Is BNC a good stock to buy?
13F Pro's AI-powered analysis of CEA Industries Inc. (BNC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Staples sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BNC are available on the BNC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BNC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BNC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CEA Industries Inc.'s investment landscape.