Filing Flows › Ascent Industries (ACNT) › Q1 2026
Ascent Industries (ACNT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Ascent Industries (ACNT) reported revenue of $19.4M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +3% from the quarter before. Operating margin was -12.2%, net loss $2.0M (10.2% of revenue).
Ascent Industries, Q1 2026: revenue $19.4M (+9% year over year), operating margin -12.2%, net loss $2.0M, operating cash flow −$5.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.4M | +3% | +9% |
| Operating profit | −$2.4M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$5.4M | -2141% | — |
What changed
Revenue was $19.4M in Q1 2026, up 9% year over year and up 3% from the previous quarter. Custom Manufacturing was the largest line at 79% of revenue. Custom Manufacturing added $1.8M year over year (up 14%), 116% of the total change. Core Technology declined 6%.
Gross margin was 14.5%, down 2.7 points from Q1 2025. Operating costs exceeded revenue by $2.4M, an operating margin of -12.2%. Operating expenses grew 2% against revenue growth of 9%. The quarter ended with a net loss of $2.0M, wider than the previous quarter's $1.0M loss. Non-operating items added $510K, -27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.4M. Non-cash charges added back $250K of depreciation and amortization and $157K of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $422K exceeded it, leaving free cash flow of −$5.8M.
Questions
What was Ascent Industries' revenue in the first quarter 2026?
Ascent Industries (ACNT) reported revenue of $19.4M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +3% from the quarter before.
Was Ascent Industries profitable in the first quarter 2026?
Operating loss was $2.4M (-12.2% of revenue) and net loss $2.0M.
Source: Ascent Industries 10-Q on SEC EDGAR.