Filing Flows › CIRCLE8 Group (CIRC) › Q1 2026
CIRCLE8 Group (CIRC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 22, 2026
CIRCLE8 Group (CIRC) reported revenue of $250M for the first quarter 2026 (Q1 2026), +143% from a year earlier and +108% from the quarter before. Operating margin was -6.0%, net loss $30.7M (12.3% of revenue).
CIRCLE8 Group, Q1 2026: revenue $250M (+143% year over year), operating margin -6.0%, net loss $30.7M, operating cash flow −$9.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | +108% | +143% |
| Operating profit | −$14.9M | — | — |
| Net earnings | −$30.7M | — | — |
| Operating cash flow | −$9.9M | — | -168% |
What changed
Revenue was $249.9M in Q1 2026, up 143% year over year and up 108% from the previous quarter. Temporary placement services was the largest line at 98% of revenue. Temporary placement services added $143.7M year over year (up 141%), 98% of the total change.
Gross margin was 8.6%, down 2.3 points from Q1 2025. Operating costs exceeded revenue by $14.9M, an operating margin of -6.0%. Operating expenses grew 76% against revenue growth of 143%. The fastest-growing cost line was Other operating costs (+250%). The quarter ended with a net loss of $30.7M, wider than the previous quarter's $27.1M loss. Net interest and other expense of $15.9M was the main reason.
Operating cash flow was −$9.9M. Non-cash charges added back $4.3M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items added $12.6M. Capital expenditures of $41K exceeded it, leaving free cash flow of −$9.9M.
Questions
What was CIRCLE8 Group's revenue in the first quarter 2026?
CIRCLE8 Group (CIRC) reported revenue of $250M for the first quarter 2026 (Q1 2026), +143% from a year earlier and +108% from the quarter before.
Was CIRCLE8 Group profitable in the first quarter 2026?
Operating loss was $14.9M (-6.0% of revenue) and net loss $30.7M.
Source: CIRCLE8 Group 10-Q on SEC EDGAR.