Filing Flows › ZW Data Action Technologies (CNET) › Q1 2026 › vs Q1 2025
ZW Data Action Technologies (CNET) Q1 2026 vs Q1 2025 (year over year)
ZW Data Action Technologies's revenue fell $1.3M (-77%) from $1.7M in Q1 2025 to $383K in Q1 2026. The biggest changes: Online Advertising Placement −$686K (-71%); IP Services +$43K (+239%); AI Service +$38K (—). Gross margin 7.0% against 9.7% (-2.6 pts).
ZW Data Action Technologies, Q1 2026: revenue $383K (-77% year over year), operating margin 20.6%, net earnings $126K, operating cash flow −$292K. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 7.0% | 9.7% | -2.6 pts |
| Operating margin | 20.6% | -35.0% | +55.7 pts |
| Net margin | 32.9% | -32.1% | +65.0 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Online Advertising Placement | $284K | $970K | −$686K | -71% |
| IP Services | $61K | $18K | $43K | +239% |
| AI Service | $38K | $0 | $38K | — |
| Revenue | $383K | $1.7M | −$1.3M | -77% |
| Gross profit | $27K | $160K | −$133K | -83% |
| Cost of revenue | $356K | $1.5M | −$1.1M | -76% |
| Other income, net | $44K | $50K | −$6K | -12% |
| Operating profit | $79K | −$579K | $658K | — |
| Pre-tax earnings | $123K | −$529K | $652K | — |
| Income tax benefit | $3K | −$1K | $4K | — |
| Net earnings | $126K | −$530K | $656K | — |
| Operating cash sources | $484K | $477K | $7K | +1% |
| Depreciation & amortization | $66K | $23K | $43K | +187% |
| Cash used in operations | $292K | $984K | −$692K | -70% |
| Working capital & other | $484K | $620K | −$136K | -22% |
Questions
How much did ZW Data Action Technologies's revenue grow year over year in Q1 2026?
ZW Data Action Technologies's revenue fell $1.3M (-77%) from $1.7M in Q1 2025 to $383K in Q1 2026.
What drove ZW Data Action Technologies's revenue change in Q1 2026?
Online Advertising Placement −$686K (-71%); IP Services +$43K (+239%); AI Service +$38K (—).