Filing Flows › Duos Technologies Group (DUOT) › Q1 2026
Duos Technologies Group (DUOT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Duos Technologies Group (DUOT) reported revenue of $2.7M for the first quarter 2026 (Q1 2026), -45% from a year earlier and -71% from the quarter before. Operating margin was -133.4%, net loss $3.5M (128.3% of revenue).
Duos Technologies Group, Q1 2026: revenue $2.7M (-45% year over year), operating margin -133.4%, net loss $3.5M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | -71% | -45% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $2.7M in Q1 2026, down 45% year over year and down 71% from the previous quarter. Services and consulting - related parties was the largest line at 57% of revenue. Services and consulting - related parties lost $2.4M year over year (down 60%), 106% of the total change.
Gross margin was 59.2%, up 32.6 points from Q1 2025. Operating costs exceeded revenue by $3.6M, an operating margin of -133.4%. Operating expenses grew 69% against a revenue fall of 45%. The fastest-growing cost line was General & admin (+99%). The quarter ended with a net loss of $3.5M, wider than the previous quarter's $3.2M loss.
Operating cash flow was −$1.4M. Non-cash charges added back $102K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $649K.
Questions
What was Duos Technologies Group's revenue in the first quarter 2026?
Duos Technologies Group (DUOT) reported revenue of $2.7M for the first quarter 2026 (Q1 2026), -45% from a year earlier and -71% from the quarter before.
Was Duos Technologies Group profitable in the first quarter 2026?
Operating loss was $3.6M (-133.4% of revenue) and net loss $3.5M.