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Creative Realities (CREX) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Creative Realities (CREX) Q2 2026 earnings results →

Q2 2026 Revenue up 65% year over year to $21.5M · 18¢ of every $1 of revenue lost · operating margin -12.8%

Creative Realities made $21.5M in Q2 2026 (+65% Y/Y): Service and Other $14.0M, Digital Media Advertising $3.8M, Installation Services $3.7M. Operating margin -12.8%, net loss $3.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$21.5M
Year over year+65%
Operating margin-12.8%
Net earnings−$3.9M
Operating cash flow$2.7M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $21.5M in Q2 2026, up 65% year over year and up 32% from the previous quarter. Hardware was the largest line at 35% of revenue. Installation Services added $2.5M year over year (up 198%), 29% of the total change.

Gross margin was 38.6%, up 0.1 points from Q2 2025. Operating costs exceeded revenue by $2.7M, an operating margin of -12.8%. Operating expenses grew 74% against revenue growth of 65%. The fastest-growing cost line was Sales & marketing (+75%). The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $7.5M loss.

Operating cash flow was $2.7M (down 15% year over year). Non-cash charges added back $430K of share-based compensation. Working capital and other items added $6.2M. Capital expenditures of $2.3M left free cash flow of $457K.

Quarterly history

Creative Realities revenue by quarterCreative Realities revenue by quarter$11.0MQ4 2024$9.7MQ1 2025$13.0MQ2 2025$10.5MQ3 2025$23.9MQ4 2025$16.3MQ1 2026$21.5MQ2 2026
Creative Realities net earnings by quarterCreative Realities net earnings by quarter−$2.8MQ4 2024$3.4MQ1 2025−$1.8MQ2 2025−$7.9MQ3 2025−$2.0MQ4 2025−$7.5MQ1 2026−$3.9MQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 14, 2026$21.5M+65%-12.8%−$3.9M$2.7M
Q1 202610-QMay 15, 2026$16.3M+68%-38.0%−$7.5M−$1.7M
Q4 202510-KApr 15, 2026$23.9M+117%1.9%−$2.0M−$6.9M
Q3 202510-QNov 12, 2025$10.5M-27%-68.9%−$7.9M−$1.6M
Q2 202510-QAug 13, 2025$13.0M-0.6%-10.2%−$1.8M$3.2M
Q1 202510-QMay 14, 2025$9.7M-21%-7.4%$3.4M−$2.4M
Q4 202410-KMar 14, 2025$11.0M-24%-6.5%−$2.8M−$1.4M

Charts

Creative Realities: revenue growth, year over year and quarter over quarterCreative Realities: revenue growth, year over year and quarter over quarterY/YQ/Q-24%Q4 2024-21%-12%Q1 2025-1%+34%Q2 2025-27%-19%Q3 2025+117%+127%Q4 2025+68%-32%Q1 2026+65%+32%Q2 2026
Latest (Q2 2026): Y/Y +65%, Q/Q +32%.
Creative Realities: where the cash came from (+) and went (−), TTM to Q2 2026Creative Realities: where the cash came from (+) and went (−), TTM to Q2 2026Other financing$73.2MOther investing−$39.8MNet borrowing (+) / repaid (−)−$13.1MCash drawn (+) / kept (−)−$10.1MOperating cash flow−$7.5MCapital spending−$2.6MExchange rates$46K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Creative Realities: profit against cash, quarter by quarterCreative Realities: profit against cash, quarter by quarterNet incomeOperating cash flow$54K$544KQ3 2024−$2.8M−$1.4MQ4 2024$3.4M−$2.4MQ1 2025−$1.8M$3.2MQ2 2025−$7.9M−$1.6MQ3 2025−$2.0M−$6.9MQ4 2025−$7.5M−$1.7MQ1 2026−$3.9M$2.7MQ2 2026
Latest (Q2 2026): Net income −$3.9M, Operating cash flow $2.7M.
Creative Realities: diluted shares by fiscal yearCreative Realities: diluted shares by fiscal year0MFY20204MFY20217MFY20228MFY202310MFY2024
+102303.1% since FY2020: more shares outstanding (issuance, stock pay).
Creative Realities in its industry: growth against margin (40 companies, SIC 7373)Creative Realities in its industry: growth against margin (40 companies, SIC 7373)revenue growth, year over year →↑ operating marginmedian +9%median 1%LDOSKDCACISAICPSNGDDYOTEXLAWILJKHYIOTUISWAYNTCTRBBNIONQAGYSOSPNTLSSMRTASURWYYSTEMCSPIHCTIQNTDMRCOMQSSLERIMEAURKDKMRLNFUSEODYSVEEAGRHIBNAISUNIDAICCREX (+65%, -13%)
Services-Computer Integrated Systems Design; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Creative Realities

Creative Realities, Inc. (“Creative Realities”, the “Company”, “we”, “us” or “our”) provides innovative digital signage and media solutions in North America to enhance communications in a wide-ranging variety of out-of-home environments, key market segments and use cases, including: We serve market-leading companies, so there is a good chance that if you leave your home today to shop, work, eat or play, you will encounter one or more of our digital signage experiences. Our solutions are increasingly viable because we help our enterprise customers achieve a wide range of business objectives including:

In its own words, from its 10-K, filed Apr 15, 2026.

Creative Realities against its Services-Computer Integrated Systems Design peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +65% against the peers' median +4%. Operating margin: -12.8% against the peers' median 10.0%.

CompanyQuarterRevenueY/YOp. margin
CREX Creative RealitiesQ2 2026$21.5M+65%-12.8%
LDOS Leidos HoldingsQ3 2026$4.6B+4%11.9%
KD Kyndryl HoldingsQ2 FY27$3.7B-2%3.1%
CACI CACI InternationalQ3 2026$2.5B+8%10.0%
SAIC Science Applications InternationalQ2 FY27$1.9B+6%8.1%
PSN ParsonsQ3 2026$1.7B+2%6.3%
GDDY GoDaddyQ3 2026$1.3B+6%27.0%
OTEX Open TextQ1 FY27$1.2B-4%20.3%
LAWIL Light & WonderQ3 2026$824M-2%29.4%

Source: Creative Realities 10-Q on SEC EDGAR · CIK 1356093 · Services-Computer Integrated Systems Design

13F: who owns CREX and who is buying

Largest holders of CREX (13F)Largest holders of CREX (13F)Mink Brook Asset Management LLC$4.8MCerity Partners LLC$1.4MVanguard Capital Management LLC$1.2MUnion Square Park Capital Managem…$1.0MMyda Advisors LLC$826KPerkins Capital Management$761KVanguard Group$745KNorth Star Investment Management$661KPerritt Capital Management$587KProspera Financial Services$550K
Funds' net buying of CREX by quarter (13F)Funds' net buying of CREX by quarter (13F)−$316K2024-09−$697K2024-12−$312K2025-03−$91K2025-06−$62K2025-09$421K2025-12$3.4M2026-03$4.8M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on CREX

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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