Filing Flows › Cardiff Lexington (CDIX) › Q1 2026
Cardiff Lexington (CDIX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Cardiff Lexington (CDIX) reported revenue of $2.2M for the first quarter 2026 (Q1 2026), -24% from a year earlier and -20% from the quarter before. Operating margin was -23.0%, net loss $3.1M (139.1% of revenue).
Cardiff Lexington, Q1 2026: revenue $2.2M (-24% year over year), operating margin -23.0%, net loss $3.1M, operating cash flow −$17K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | -20% | -24% |
| Operating profit | −$511K | — | -194% |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | −$17K | — | — |
What changed
Revenue was $2.2M in Q1 2026, down 24% year over year and down 20% from the previous quarter.
Gross margin was 59.3%, down 3.8 points from Q1 2025. Operating costs exceeded revenue by $511K, an operating margin of -23.0%. Operating expenses grew 41% against a revenue fall of 24%. The fastest-growing cost line was Other operating costs (+4066%). The quarter ended with a net loss of $3.1M, wider than the previous quarter's $2.7M loss. Net interest and other expense of $2.6M was the main reason.
Operating cash flow was −$17K. Non-cash charges added back $1K of depreciation and $664K of share-based compensation. Working capital and other items added $2.4M.
Questions
What was Cardiff Lexington's revenue in the first quarter 2026?
Cardiff Lexington (CDIX) reported revenue of $2.2M for the first quarter 2026 (Q1 2026), -24% from a year earlier and -20% from the quarter before.
Was Cardiff Lexington profitable in the first quarter 2026?
Operating loss was $511K (-23.0% of revenue) and net loss $3.1M.
Source: Cardiff Lexington 10-Q on SEC EDGAR.