Filing Flows › DarkHorse Technologies (DRK) › Q1 2026
DarkHorse Technologies (DRK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
DarkHorse Technologies (DRK) reported revenue of $1.9M for the first quarter 2026 (Q1 2026), -32% from a year earlier and -30% from the quarter before. Operating margin was -215.6%, net loss $4.1M (214.3% of revenue).
DarkHorse Technologies, Q1 2026: revenue $1.9M (-32% year over year), operating margin -215.6%, net loss $4.1M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | -30% | -32% |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$4.1M | — | — |
| Operating cash flow | −$3.7M | — | — |
What changed
Revenue was $1.9M in Q1 2026, down 32% year over year and down 30% from the previous quarter.
Operating costs exceeded revenue by $4.1M, an operating margin of -215.6%. Total costs fell 24% while revenue fell 32%. The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $10.1M loss.
Operating cash flow was −$3.7M. Non-cash charges added back $1.1M of depreciation and amortization and $325K of share-based compensation. Working capital and other items used $1.1M.
Questions
What was DarkHorse Technologies' revenue in the first quarter 2026?
DarkHorse Technologies (DRK) reported revenue of $1.9M for the first quarter 2026 (Q1 2026), -32% from a year earlier and -30% from the quarter before.
Was DarkHorse Technologies profitable in the first quarter 2026?
Operating loss was $4.1M (-215.6% of revenue) and net loss $4.1M.