Filing Flows › Cohen (COHN) › Q1 2026
Cohen (COHN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Cohen (COHN) reported revenue of $57.9M for the first quarter 2026 (Q1 2026), +101% from a year earlier and -44% from the quarter before. Operating margin was 8.9%, net earnings $1.5M (2.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $57.9M | -44% | +101% |
| Operating profit | $5.1M | -83% | 48× |
| Net earnings | $1.5M | -82% | +353% |
| Operating cash flow | −$31.2M | — | — |
What changed
Revenue was $57.9M in Q1 2026, up 101% year over year and down 44% from the previous quarter.
Operating profit was $5.1M, a 8.9% margin (up 8.5 points year over year). Of the extra revenue versus Q1 2025, 17% reached operating profit, above the 0% margin then. Total costs grew 84% against revenue growth of 101%. Net earnings were $1.5M, up 353% year over year. The effective tax rate was -5.6%.
Operating cash flow was −$31.2M. Non-cash charges added back $203K of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $36.2M. Capital expenditures of $328K exceeded it, leaving free cash flow of −$31.5M.
Questions
What was Cohen's revenue in the first quarter 2026?
Cohen (COHN) reported revenue of $57.9M for the first quarter 2026 (Q1 2026), +101% from a year earlier and -44% from the quarter before.
Was Cohen profitable in the first quarter 2026?
Operating profit was $5.1M (8.9% of revenue) and net earnings $1.5M.
Source: Cohen 10-Q on SEC EDGAR.