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Deep Isolation Nuclear (DBHL) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Deep Isolation Nuclear (DBHL) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), -5% from a year earlier and +11% from the quarter before. Operating margin was -386.2%, net loss $5.4M (374.3% of revenue).

Revenue$1.4M
Year over year-5%
Quarter over quarter+11%
Operating margin-386.2%
Net earnings−$5.4M

Deep Isolation Nuclear, Q1 2026: revenue $1.4M (-5% year over year), operating margin -386.2%, net loss $5.4M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.4M+11%-5%
Operating profit−$5.6M——
Net earnings−$5.4M——
Operating cash flow−$5.2M——

What changed

Revenue was $1.4M in Q1 2026, down 5% year over year and up 11% from the previous quarter.

Gross margin was 52.9%, down 3.5 points from Q1 2025. Operating costs exceeded revenue by $5.6M, an operating margin of -386.2%. Operating expenses grew 522% against a revenue fall of 5%. The fastest-growing cost line was SG&A (+186%). The quarter ended with a net loss of $5.4M, wider than the previous quarter's $2.5M loss.

Operating cash flow was −$5.2M. Non-cash charges added back $25K of depreciation and amortization and $522K of share-based compensation. Working capital and other items used $373K. Capital expenditures of $17K exceeded it, leaving free cash flow of −$5.3M.

Questions

What was Deep Isolation Nuclear's revenue in the first quarter 2026?

Deep Isolation Nuclear (DBHL) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), -5% from a year earlier and +11% from the quarter before.

Was Deep Isolation Nuclear profitable in the first quarter 2026?

Operating loss was $5.6M (-386.2% of revenue) and net loss $5.4M.

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Source: Deep Isolation Nuclear 10-Q on SEC EDGAR.