Filing Flows › Clarus (CLAR) › Q1 2026
Clarus (CLAR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Clarus (CLAR) reported revenue of $61.9M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -5% from the quarter before. Operating margin was -9.8%, net loss $3.3M (5.3% of revenue).
Clarus, Q1 2026: revenue $61.9M (+2% year over year), operating margin -9.8%, net loss $3.3M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.9M | -5% | +2% |
| Operating profit | −$6.1M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | −$4.1M | -133% | — |
What changed
Revenue was $61.9M in Q1 2026, up 2% year over year and down 5% from the previous quarter.
Gross margin was 36.8%, up 2.3 points from Q1 2025. Operating costs exceeded revenue by $6.1M, an operating margin of -9.8%. Operating expenses grew 5% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+140%). The quarter ended with a net loss of $3.3M, narrower than the previous quarter's $31.3M loss. Non-operating items added $3.0M, -98% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.1M. Non-cash charges added back $2.9M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $4.9M. Capital expenditures of $1.6M exceeded it, leaving free cash flow of −$5.7M.
Questions
What was Clarus' revenue in the first quarter 2026?
Clarus (CLAR) reported revenue of $61.9M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -5% from the quarter before.
Was Clarus profitable in the first quarter 2026?
Operating loss was $6.1M (-9.8% of revenue) and net loss $3.3M.
Source: Clarus 10-Q on SEC EDGAR.