Filing Flows › reAlpha Tech (AIRE) › Q2 2026
reAlpha Tech (AIRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
reAlpha Tech (AIRE) reported revenue of $1.1M for the second quarter 2026 (Q2 2026), -11% from a year earlier and +32% from the quarter before. Operating margin was -260.7%, net loss $3.0M (274.6% of revenue).
reAlpha Tech, Q2 2026: revenue $1.1M (-11% year over year), operating margin -260.7%, net loss $3.0M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1M | +32% | -11% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $1.1M in Q2 2026, down 11% year over year and up 32% from the previous quarter.
Gross margin was 66.0%, up 16.4 points from Q2 2025. Operating costs exceeded revenue by $2.9M, an operating margin of -260.7%. Operating expenses fell 23% while revenue fell 11%. The quarter ended with a net loss of $3.0M, narrower than the previous quarter's $4.3M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $168K of depreciation and amortization and $368K of share-based compensation. Working capital and other items added $159K. Capital expenditures of $11K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was reAlpha Tech's revenue in the second quarter 2026?
reAlpha Tech (AIRE) reported revenue of $1.1M for the second quarter 2026 (Q2 2026), -11% from a year earlier and +32% from the quarter before.
Was reAlpha Tech profitable in the second quarter 2026?
Operating loss was $2.9M (-260.7% of revenue) and net loss $3.0M.
Source: reAlpha Tech 10-Q on SEC EDGAR.