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Cannapharmarx (CPMD) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 20, 2026

Cannapharmarx (CPMD) reported revenue of $627K for the first quarter 2026 (Q1 2026), +87% from a year earlier and +353% from the quarter before. Operating margin was -108.7%, net loss $382K (60.9% of revenue).

Revenue$627K
Year over year+87%
Quarter over quarter+353%
Operating margin-108.7%
Net earnings−$382K

Cannapharmarx, Q1 2026: revenue $627K (+87% year over year), operating margin -108.7%, net loss $382K, operating cash flow −$244K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$627K+353%+87%
Operating profit−$682K——
Net earnings−$382K——
Operating cash flow−$244K-123%—

What changed

Revenue was $627K in Q1 2026, up 87% year over year and up 353% from the previous quarter.

Operating costs exceeded revenue by $682K, an operating margin of -108.7%. Total costs grew 29% against revenue growth of 87%. The fastest-growing cost line was Other operating costs (+74%). The quarter ended with a net loss of $382K, narrower than the previous quarter's $7.5M loss. Non-operating items added $300K, -79% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$244K. Non-cash charges added back $16K of depreciation and amortization. Working capital and other items added $123K.

Questions

What was Cannapharmarx's revenue in the first quarter 2026?

Cannapharmarx (CPMD) reported revenue of $627K for the first quarter 2026 (Q1 2026), +87% from a year earlier and +353% from the quarter before.

Was Cannapharmarx profitable in the first quarter 2026?

Operating loss was $682K (-108.7% of revenue) and net loss $382K.

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Source: Cannapharmarx 10-Q on SEC EDGAR.