Filing Flows › American Shared Hospital Services (AMS) › Q1 2026
American Shared Hospital Services (AMS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
American Shared Hospital Services (AMS) reported revenue of $7.1M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -8% from the quarter before. Operating margin was -13.0%, net loss $962K (13.6% of revenue).
American Shared Hospital Services, Q1 2026: revenue $7.1M (+16% year over year), operating margin -13.0%, net loss $962K, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1M | -8% | +16% |
| Operating profit | −$924K | — | — |
| Net earnings | −$962K | — | — |
| Operating cash flow | $2.1M | — | -14% |
| Free cash flow | $2.1M | +65% | — |
What changed
Revenue was $7.1M in Q1 2026, up 16% year over year and down 8% from the previous quarter. Patient Income was the largest line at 57% of revenue. Patient Income added $943K year over year (up 30%), 97% of the total change.
Gross margin was 18.2%, up 2.8 points from Q1 2025. Operating costs exceeded revenue by $924K, an operating margin of -13.0%. Operating expenses fell 1% while revenue rose 16%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.0M loss. Minority interests bore $350K of it: to shareholders the quarter was a loss of $612K.
Operating cash flow was $2.1M (down 14% year over year). Non-cash charges added back $1.3M of depreciation and amortization and $101K of share-based compensation. Working capital and other items added $1.7M. Capital expenditures of $41K left free cash flow of $2.1M.
Questions
What was American Shared Hospital Services' revenue in the first quarter 2026?
American Shared Hospital Services (AMS) reported revenue of $7.1M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -8% from the quarter before.
Was American Shared Hospital Services profitable in the first quarter 2026?
Operating loss was $924K (-13.0% of revenue) and net loss $962K.
Source: American Shared Hospital Services 10-Q on SEC EDGAR.