Filing Flows › Avidbank Holdings (AVBH) › Q1 2026
Avidbank Holdings (AVBH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Avidbank Holdings (AVBH) reported revenue of $28.0M for the first quarter 2026 (Q1 2026), +36% from a year earlier and +4% from the quarter before. Operating margin was 44.5%, net earnings $9.0M (32.3% of revenue).
Avidbank Holdings, Q1 2026: revenue $28.0M (+36% year over year), operating margin 44.5%, net earnings $9.0M, operating cash flow $8.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.0M | +4% | +36% |
| Operating profit | $12.4M | +23% | +62% |
| Net earnings | $9.0M | +30% | +66% |
| Operating cash flow | $8.2M | -48% | +94% |
| Free cash flow | $8.2M | -48% | +94% |
What changed
Revenue was $28.0M in Q1 2026, up 36% year over year and up 4% from the previous quarter.
Operating profit was $12.4M, a 44.5% margin (up 7.1 points year over year). Of the extra revenue versus a year earlier, 64% reached operating profit, above the 37% margin then. Total costs grew 21% against revenue growth of 36%. Net earnings were $9.0M, up 66% year over year. The effective tax rate was 27.5%.
Operating cash flow was $8.2M (up 94% year over year), 91% of net earnings. Non-cash charges added back $31K of depreciation and amortization and $837K of share-based compensation. Working capital and other items used $1.6M. Capital expenditures of $9K left free cash flow of $8.2M.
Questions
What was Avidbank Holdings' revenue in the first quarter 2026?
Avidbank Holdings (AVBH) reported revenue of $28.0M for the first quarter 2026 (Q1 2026), +36% from a year earlier and +4% from the quarter before.
Was Avidbank Holdings profitable in the first quarter 2026?
Operating profit was $12.4M (44.5% of revenue) and net earnings $9.0M.
Source: Avidbank Holdings 10-Q on SEC EDGAR.