Filing Flows › Dyadic International (DYAI) › Q2 2026
Dyadic International (DYAI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Dyadic International (DYAI) reported revenue of $961K for the second quarter 2026 (Q2 2026), -0.6% from a year earlier and -13% from the quarter before. Operating margin was -213.7%, net loss $2.1M (221.0% of revenue).
Dyadic International, Q2 2026: revenue $961K (-0.6% year over year), operating margin -213.7%, net loss $2.1M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $961K | -13% | -0.6% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $1.0M in Q2 2026, down 1% year over year and down 13% from the previous quarter. Grant was the largest line at 87% of revenue. Research and Development lost $90K year over year (down 42%), 1631% of the total change.
Operating costs exceeded revenue by $2.1M, an operating margin of -213.7%. Total costs grew 12% against a revenue fall of 1%. The fastest-growing cost line was Cost of revenue (+60%). The quarter ended with a net loss of $2.1M, wider than the previous quarter's $2.0M loss.
Operating cash flow was −$1.8M. Non-cash charges added back $144K of share-based compensation. Working capital and other items added $161K.
Questions
What was Dyadic International's revenue in the second quarter 2026?
Dyadic International (DYAI) reported revenue of $961K for the second quarter 2026 (Q2 2026), -0.6% from a year earlier and -13% from the quarter before.
Was Dyadic International profitable in the second quarter 2026?
Operating loss was $2.1M (-213.7% of revenue) and net loss $2.1M.