Filing Flows › Cohen (COHN) › Q1 2026 › vs Q4 2025
Cohen (COHN) Q1 2026 vs Q4 2025 (quarter over quarter)
Cohen's revenue fell $44.8M (-44%) from $103M in Q4 2025 to $57.9M in Q1 2026. Operating margin 8.9% against 29.2% (-20.4 pts).
Cohen, Q1 2026: revenue $57.9M (+102% year over year), operating margin 8.9%, net earnings $1.5M, operating cash flow −$31.2M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.9% | 29.2% | -20.4 pts |
| Net margin | 2.6% | 7.9% | -5.3 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $57.9M | $103M | −$44.8M | -44% |
| Operating profit | $5.1M | $30.0M | −$24.9M | -83% |
| Costs & expenses | $52.8M | $72.7M | −$19.9M | -27% |
| Pre-tax earnings | $3.3M | $23.5M | −$20.2M | -86% |
| Other expense, net | $1.9M | $6.5M | −$4.7M | -72% |
| Income tax benefit | $182K | $2.3M | −$2.1M | -92% |
| Net earnings | $1.5M | $8.1M | −$6.6M | -82% |
| Minority interests | $2.0M | $17.7M | −$15.7M | -89% |
| Operating cash sources | $34.2M | $27.3M | $6.9M | +25% |
| Depreciation & amortization | $203K | $197K | $6K | +3% |
| Share-based compensation | $1.3M | $16.9M | −$15.6M | -92% |
| Cash used in operations | $31.2M | $2.1M | $29.2M | 15× |
| Working capital & other | $34.2M | $27.3M | $6.9M | +25% |
Questions
How much did Cohen's revenue grow quarter over quarter in Q1 2026?
Cohen's revenue fell $44.8M (-44%) from $103M in Q4 2025 to $57.9M in Q1 2026. Operating margin 8.9% against 29.2% (-20.4 pts).