Filing Flows › Charlie's Holdings (CHUC) › Q1 2026
Charlie's Holdings (CHUC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 20, 2026
Charlie's Holdings (CHUC) reported revenue of $4.8M for the first quarter 2026 (Q1 2026), +204% from a year earlier and -47% from the quarter before. Operating margin was -20.3%, net loss $1.1M (21.9% of revenue).
Charlie's Holdings, Q1 2026: revenue $4.8M (+204% year over year), operating margin -20.3%, net loss $1.1M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | -47% | +204% |
| Operating profit | −$975K | — | — |
| Net earnings | −$1.1M | -902% | — |
| Operating cash flow | −$1.1M | -380% | — |
What changed
Revenue was $4.8M in Q1 2026, up 204% year over year and down 47% from the previous quarter.
Gross margin was 24.6%, up 0.1 points from Q1 2025. Operating costs exceeded revenue by $1.0M, an operating margin of -20.3%. Operating expenses grew 70% against revenue growth of 204%. The fastest-growing cost line was Other operating costs (+467%). The quarter ended with a net loss of $1.1M, after a profit of $131K the previous quarter.
Operating cash flow was −$1.1M. Non-cash charges added back $6K of depreciation and amortization and $25K of share-based compensation. Working capital and other items used $86K.
Questions
What was Charlie's Holdings' revenue in the first quarter 2026?
Charlie's Holdings (CHUC) reported revenue of $4.8M for the first quarter 2026 (Q1 2026), +204% from a year earlier and -47% from the quarter before.
Was Charlie's Holdings profitable in the first quarter 2026?
Operating loss was $975K (-20.3% of revenue) and net loss $1.1M.
Source: Charlie's Holdings 10-Q on SEC EDGAR.