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Firefly Neuroscience (AIFF) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 11, 2026 · Firefly Neuroscience (AIFF) Q2 2026 earnings results →
Q2 2026 Revenue up 72% year over year to $514K · 386¢ of every $1 of revenue lost · operating margin -384.0%
Firefly Neuroscience made $514K in Q2 2026 (+72% Y/Y): Subscription and Circulation $243K, Service $164K, Product $92K. Operating margin -384.0%, net loss $2.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 11, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $514K in Q2 2026, up 72% year over year and up 6% from the previous quarter. Subscription and Circulation was the largest line at 47% of revenue. Product added $48K year over year (up 109%), 22% of the total change. Rentals declined 84%.
Gross margin was 49.2%, down 42.4 points from Q2 2025. Operating costs exceeded revenue by $2.0M, an operating margin of -384.0%. Operating expenses grew 17% against revenue growth of 72%. The fastest-growing cost line was Research & development (+56%). The quarter ended with a net loss of $2.0M, narrower than the previous quarter's $2.0M loss.
Operating cash flow was −$1.8M. Non-cash charges added back $47K of depreciation and amortization and $268K of share-based compensation. Capital expenditures of $42K exceeded it, leaving free cash flow of −$1.8M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 11, 2026 | $514K | +72% | -384.0% | −$2.0M | −$1.8M |
| Q1 2026 | 10-Q | May 13, 2026 | $485K | 11× | -414.4% | −$2.0M | −$1.9M |
| Q4 2025 | 10-K | Mar 31, 2026 | $412K | +677% | -607.0% | −$2.5M | −$1.8M |
| Q3 2025 | 10-Q | Nov 12, 2025 | $388K | 12× | -684.5% | −$2.6M | −$1.5M |
| Q2 2025 | 10-Q | Aug 13, 2025 | $299K | 30× | -546.5% | −$1.8M | −$2.4M |
| Q1 2025 | 10-Q | May 14, 2025 | $43K | +258% | n/m | −$12.9M | −$2.5M |
| Q4 2024 | 10-K | Apr 3, 2025 | $53K | +179% | n/m | −$3.8M | −$1.2M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Firefly Neuroscience
Firefly Neuroscience, Inc. is an artificial intelligence company advancing precision neuroscience, applying AI and large-scale electrophysiological data to give clinicians a more complete, objective picture of how an individual patient's brain is functioning. Firefly Neuroscience, Inc. is rebuilding the foundation of how electrophysiological data flows into clinical decision-making for brain health. We believe the brain is the most under-measured organ in medicine, and that the tools to change this have, until now, been inaccessible to the clinicians who need them most.
In its own words, from its 10-K, filed Mar 31, 2026.
Firefly Neuroscience against its Services-Prepackaged Software peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +72% against the peers' median +19%. Operating margin: -384.0% against the peers' median 15.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| AIFF Firefly Neuroscience | Q2 2026 | $514K | +72% | -384.0% |
| MSFT Microsoft | Q1 FY27 | $92.3B | +19% | 49.8% |
| ORCL Oracle | Q1 FY27 | $19.3B | +30% | 34.8% |
| CRM Salesforce | Q2 FY27 | $11.3B | +11% | 20.5% |
| ADBE Adobe | Q3 FY26 | $6.8B | +13% | 34.8% |
| XYZ Block | Q3 2026 | $6.7B | +10% | 6.4% |
| INTU Intuit | Q4 FY26 | $4.4B | +14% | 10.9% |
| NOW ServiceNow | Q3 2026 | $4.1B | +20% | 9.4% |
| SHOP Shopify | Q3 2026 | $3.7B | +32% | 15.2% |
Source: Firefly Neuroscience 10-Q on SEC EDGAR · CIK 803578 · Services-Prepackaged Software
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History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results