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Amass Brands (AMSS) Q1 2026 earnings results (first quarter 2026)

10-Q filed Jun 29, 2026

Amass Brands (AMSS) reported revenue of $4.1M for the first quarter 2026 (Q1 2026), -4% from a year earlier. Operating margin was -60.8%, net loss $3.0M (73.3% of revenue).

Revenue$4.1M
Year over year-4%
Quarter over quarter—
Operating margin-60.8%
Net earnings−$3.0M

Amass Brands, Q1 2026: revenue $4.1M (-4% year over year), operating margin -60.8%, net loss $3.0M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$4.1M—-4%
Operating profit−$2.5M——
Net earnings−$3.0M——
Operating cash flow−$1.8M——

What changed

Revenue was $4.1M in Q1 2026, down 4% year over year.

Gross margin was 25.9%, down 2.1 points from a year earlier. Operating costs exceeded revenue by $2.5M, an operating margin of -60.8%. Operating expenses grew 16% against a revenue fall of 4%. The fastest-growing cost line was General & admin (+19%). The quarter ended with a net loss of $3.0M. Minority interests bore $6K of it: to shareholders the quarter was a loss of $3.0M.

Operating cash flow was −$1.8M. Non-cash charges added back $137K of depreciation and amortization and $221K of share-based compensation. Working capital and other items added $884K.

Questions

What was Amass Brands' revenue in the first quarter 2026?

Amass Brands (AMSS) reported revenue of $4.1M for the first quarter 2026 (Q1 2026), -4% from a year earlier.

Was Amass Brands profitable in the first quarter 2026?

Operating loss was $2.5M (-60.8% of revenue) and net loss $3.0M.

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Source: Amass Brands 10-Q on SEC EDGAR.