Filing Flows › Atlas Lithium (ATLX) › Q1 2026
Atlas Lithium (ATLX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Atlas Lithium (ATLX) reported revenue of $74K for the first quarter 2026 (Q1 2026), +195% from a year earlier and +109% from the quarter before.
Atlas Lithium, Q1 2026: revenue $74K (+196% year over year), net loss $16.5M, operating cash flow −$10.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $74K | +109% | +195% |
| Operating profit | −$16.8M | — | — |
| Net earnings | −$16.5M | — | — |
| Operating cash flow | −$10.6M | — | — |
What changed
Revenue was $74K in Q1 2026, up 195% year over year and up 109% from the previous quarter.
Gross margin was 96.9%. Operating costs exceeded revenue by $16.8M, an operating margin of -22574.7%. The fastest-growing cost line was General & admin (+120%). The quarter ended with a net loss of $16.5M, wider than the previous quarter's $7.4M loss. Minority interests bore $3.0M of it: to shareholders the quarter was a loss of $13.6M.
Operating cash flow was −$10.6M. Non-cash charges added back $33K of depreciation and amortization and $6.1M of share-based compensation. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$11.8M.
Questions
What was Atlas Lithium's revenue in the first quarter 2026?
Atlas Lithium (ATLX) reported revenue of $74K for the first quarter 2026 (Q1 2026), +195% from a year earlier and +109% from the quarter before.
Source: Atlas Lithium 10-Q on SEC EDGAR.