Filing Flows › Cenntro (CENN) › Q1 2026
Cenntro (CENN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Cenntro (CENN) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), -43% from a year earlier and -76% from the quarter before. Operating margin was -328.4%, net loss $3.9M (323.6% of revenue).
Cenntro, Q1 2026: revenue $1.2M (-43% year over year), operating margin -328.4%, net loss $3.9M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -76% | -43% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $1.2M in Q1 2026, down 43% year over year and down 76% from the previous quarter.
Gross margin was 19.6%, up 4.6 points from Q1 2025. Operating costs exceeded revenue by $4.0M, an operating margin of -328.4%. Operating expenses fell 35% while revenue fell 43%. The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $50.7M loss. Minority interests bore $15K of it: to shareholders the quarter was a loss of $3.9M.
Operating cash flow was −$2.8M. Non-cash charges added back $524K of depreciation and amortization and $665K of share-based compensation. Capital expenditures of $4K exceeded it, leaving free cash flow of −$2.8M.
Questions
What was Cenntro's revenue in the first quarter 2026?
Cenntro (CENN) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), -43% from a year earlier and -76% from the quarter before.
Was Cenntro profitable in the first quarter 2026?
Operating loss was $4.0M (-328.4% of revenue) and net loss $3.9M.
Source: Cenntro 10-Q on SEC EDGAR.