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Cardio Diagnostics Holdings (CDIO) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Cardio Diagnostics Holdings (CDIO) reported revenue of $3K for the first quarter 2026 (Q1 2026), +185% from a year earlier and -25% from the quarter before.

Revenue$3K
Year over year+185%
Quarter over quarter-25%
Operating margin—
Net earnings−$1.8M

Cardio Diagnostics Holdings, Q1 2026: revenue $3K (+185% year over year), net loss $1.8M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3K-25%+185%
Operating profit−$1.8M——
Net earnings−$1.8M——
Operating cash flow−$1.6M——

What changed

Revenue was $3K in Q1 2026, up 185% year over year and down 25% from the previous quarter.

Operating costs exceeded revenue by $1.8M, an operating margin of -66598.4%. Total costs grew 10% against revenue growth of 185%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $1.8M, wider than the previous quarter's $1.5M loss.

Operating cash flow was −$1.6M. Non-cash charges added back $6K of depreciation and amortization and $25K of share-based compensation. Working capital and other items added $196K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$1.6M.

Questions

What was Cardio Diagnostics Holdings' revenue in the first quarter 2026?

Cardio Diagnostics Holdings (CDIO) reported revenue of $3K for the first quarter 2026 (Q1 2026), +185% from a year earlier and -25% from the quarter before.

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Source: Cardio Diagnostics Holdings 10-Q on SEC EDGAR.