Filing Flows › Dirtt Environmental Solutions (DRTTF) › Q2 2026 › vs Q1 2026
Dirtt Environmental Solutions (DRTTF) Q2 2026 vs Q1 2026 (quarter over quarter)
Dirtt Environmental Solutions's revenue fell $2.1M (-5%) from $42.4M in Q1 2026 to $40.3M in Q2 2026. The biggest changes: Product −$1.9M (-5%); Service −$197K (-12%). Gross margin 34.7% against 30.6% (+4.1 pts).
Dirtt Environmental Solutions, Q2 2026: revenue $40.3M (+4% year over year), operating margin 3.2%, net earnings $1.1M, operating cash flow $941K. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 34.7% | 30.6% | +4.1 pts |
| Operating margin | 3.2% | -7.7% | +10.9 pts |
| Net margin | 2.6% | -7.7% | +10.3 pts |
| Free cash flow margin | 1.7% | 1.8% | -0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Commercial | $26.8M | $24.6M | $2.2M | +9% |
| Health Care | $5.4M | $12.0M | −$6.6M | -55% |
| Education | $3.3M | $1.3M | $2.0M | +150% |
| Government Contract | $3.1M | $2.6M | $518K | +20% |
| License | $196K | $218K | −$22K | -10% |
| Product | $38.9M | $40.8M | −$1.9M | -5% |
| Service | $1.4M | $1.6M | −$197K | -12% |
| Revenue | $40.3M | $42.4M | −$2.1M | -5% |
| Gross profit | $14.0M | $13.0M | $983K | +8% |
| Cost of revenue | $26.3M | $29.4M | −$3.1M | -11% |
| Operating profit | $1.3M | −$3.3M | $4.6M | — |
| Operating expenses | $12.7M | $16.3M | −$3.6M | -22% |
| Pre-tax earnings | $1.1M | −$3.2M | $4.3M | — |
| Other expense, net | $203K | −$71K | $274K | — |
| Sales & marketing | $4.2M | $5.0M | −$815K | -16% |
| General & admin | $4.5M | $5.4M | −$888K | -16% |
| Other operating costs | $3.9M | $5.8M | −$1.9M | -32% |
| Net earnings | $1.1M | −$3.3M | $4.3M | — |
| Income tax | $39K | $80K | −$41K | -51% |
| Operating cash sources | $3.2M | −$971K | $4.2M | — |
| Depreciation & amortization | $1.4M | $1.4M | −$21K | -1% |
| Share-based compensation | $724K | $875K | −$151K | -17% |
| Working capital & other | $2.2M | −$2.2M | $4.4M | — |
| Operating cash flow | $941K | $1.2M | −$266K | -22% |
| Free cash flow (OCF − capex) | $685K | $771K | −$86K | -11% |
| Capital expenditures | $256K | $436K | −$180K | -41% |
Questions
How much did Dirtt Environmental Solutions's revenue grow quarter over quarter in Q2 2026?
Dirtt Environmental Solutions's revenue fell $2.1M (-5%) from $42.4M in Q1 2026 to $40.3M in Q2 2026.
What drove Dirtt Environmental Solutions's revenue change in Q2 2026?
Product −$1.9M (-5%); Service −$197K (-12%).