Filing Flows › ConnectM Technology Solutions (CNTM) › Q1 2026
ConnectM Technology Solutions (CNTM) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 26, 2026
ConnectM Technology Solutions (CNTM) reported revenue of $8.2M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -15% from the quarter before. Operating margin was -39.5%, net loss $6.7M (81.6% of revenue).
ConnectM Technology Solutions, Q1 2026: revenue $8.2M (-9% year over year), operating margin -39.5%, net loss $6.7M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.2M | -15% | -9% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$6.7M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $8.2M in Q1 2026, down 9% year over year and down 15% from the previous quarter. Logistics was the largest line at 38% of revenue. Owned Service Network lost $1.9M year over year (down 45%), 233% of the total change.
Gross margin was 22.8%, down 10.7 points from Q1 2025. Operating costs exceeded revenue by $3.2M, an operating margin of -39.5%. Operating expenses fell 19% while revenue fell 9%. The quarter ended with a net loss of $6.7M, wider than the previous quarter's $4.7M loss. Net interest and other expense of $3.4M was the main reason.
Operating cash flow was −$2.8M. Non-cash charges added back $213K of depreciation and amortization and $221K of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $1K exceeded it, leaving free cash flow of −$2.8M.
Questions
What was ConnectM Technology Solutions' revenue in the first quarter 2026?
ConnectM Technology Solutions (CNTM) reported revenue of $8.2M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -15% from the quarter before.
Was ConnectM Technology Solutions profitable in the first quarter 2026?
Operating loss was $3.2M (-39.5% of revenue) and net loss $6.7M.