Filing Flows › CapsoVision (CV) › Q1 2026
CapsoVision (CV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
CapsoVision (CV) reported revenue of $2.8M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and -29% from the quarter before. Operating margin was -254.0%, net loss $7.0M (251.9% of revenue).
CapsoVision, Q1 2026: revenue $2.8M (+0.3% year over year), operating margin -254.0%, net loss $7.0M, operating cash flow −$6.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | -29% | +0.3% |
| Operating profit | −$7.1M | — | — |
| Net earnings | −$7.0M | — | — |
| Operating cash flow | −$6.1M | — | — |
What changed
Revenue was $2.8M in Q1 2026, roughly flat year over year and down 29% from the previous quarter.
Gross margin was 47.6%, down 6.1 points from a year earlier. Operating costs exceeded revenue by $7.1M, an operating margin of -254.0%. Operating expenses grew 22% against flat revenue. The fastest-growing cost line was Research & development (+43%). The quarter ended with a net loss of $7.0M, narrower than the previous quarter's $7.4M loss.
Operating cash flow was −$6.1M. Non-cash charges added back $56K of depreciation and amortization and $334K of share-based compensation. Working capital and other items added $577K. Capital expenditures of $48K exceeded it, leaving free cash flow of −$6.1M.
Questions
What was CapsoVision's revenue in the first quarter 2026?
CapsoVision (CV) reported revenue of $2.8M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and -29% from the quarter before.
Was CapsoVision profitable in the first quarter 2026?
Operating loss was $7.1M (-254.0% of revenue) and net loss $7.0M.
Source: CapsoVision 10-Q on SEC EDGAR.