Filing Flows › AI Financial (AIFC) › Q1 2026
AI Financial (AIFC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 18, 2026
AI Financial (AIFC) reported revenue of $4.7M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -12% from the quarter before. Operating margin was -58.2%.
AI Financial, Q1 2026: revenue $4.7M (-3% year over year), operating margin -58.2%, net loss $271M, operating cash flow −$12.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7M | -12% | -3% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$271M | — | — |
| Operating cash flow | −$12.3M | -248% | — |
What changed
Revenue was $4.7M in Q1 2026, down 3% year over year and down 12% from the previous quarter.
Gross margin was 75.8%, up 36.1 points from Q1 2025. Operating costs exceeded revenue by $2.7M, an operating margin of -58.2%. Operating expenses grew 63% against a revenue fall of 3%. The quarter ended with a net loss of $271.5M, narrower than the previous quarter's $381.4M loss. Net interest and other expense of $353.7M was the main reason.
Operating cash flow was −$12.3M. Non-cash charges added back $889K of depreciation and amortization. Working capital and other items added $258.3M.
Questions
What was AI Financial's revenue in the first quarter 2026?
AI Financial (AIFC) reported revenue of $4.7M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -12% from the quarter before.
Was AI Financial profitable in the first quarter 2026?
Operating loss was $2.7M (-58.2% of revenue) and net loss $271M.
Source: AI Financial 10-Q on SEC EDGAR.