Filing Flows › Firefly Neuroscience (AIFF) › Q2 2026
Firefly Neuroscience (AIFF) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Firefly Neuroscience (AIFF) reported revenue of $514K for the second quarter 2026 (Q2 2026), +72% from a year earlier and +6% from the quarter before. Operating margin was -384.0%, net loss $2.0M (386.0% of revenue).
Firefly Neuroscience, Q2 2026: revenue $514K (+72% year over year), operating margin -384.0%, net loss $2.0M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $514K | +6% | +72% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
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.
Questions
What was Firefly Neuroscience's revenue in the second quarter 2026?
Firefly Neuroscience (AIFF) reported revenue of $514K for the second quarter 2026 (Q2 2026), +72% from a year earlier and +6% from the quarter before.
Was Firefly Neuroscience profitable in the second quarter 2026?
Operating loss was $2.0M (-384.0% of revenue) and net loss $2.0M.