Filing Flows › Cibus (CBUS) › Q1 2026
Cibus (CBUS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Cibus (CBUS) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), +63% from a year earlier and +59% from the quarter before. Operating margin was -721.0%.
Cibus, Q1 2026: revenue $1.7M (+63% year over year), operating margin -721.0%, net loss $21.2M, operating cash flow −$11.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | +59% | +63% |
| Operating profit | −$12.1M | — | — |
| Net earnings | −$21.2M | — | — |
| Operating cash flow | −$11.5M | — | — |
What changed
Revenue was $1.7M in Q1 2026, up 63% year over year and up 59% from the previous quarter.
Operating costs exceeded revenue by $12.1M, an operating margin of -721.0%. Total costs fell 68% while revenue rose 63%. The quarter ended with a net loss of $21.2M, narrower than the previous quarter's $31.9M loss.
Operating cash flow was −$11.5M. Non-cash charges added back $1.2M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $7.0M. Capital expenditures of $115K exceeded it, leaving free cash flow of −$11.6M.
Questions
What was Cibus' revenue in the first quarter 2026?
Cibus (CBUS) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), +63% from a year earlier and +59% from the quarter before.
Was Cibus profitable in the first quarter 2026?
Operating loss was $12.1M (-721.0% of revenue) and net loss $21.2M.
Source: Cibus 10-Q on SEC EDGAR.