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Pmgc Holdings (ELAB) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Pmgc Holdings (ELAB) reported revenue of $682K for the first quarter 2026 (Q1 2026) and +124% from the quarter before. Operating margin was -728.3%, net loss $5.0M (728.3% of revenue).

Revenue$682K
Year over year—
Quarter over quarter+124%
Operating margin-728.3%
Net earnings−$5.0M

Pmgc Holdings, Q1 2026: revenue $682K, operating margin -728.3%, net loss $5.0M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$682K+124%—
Operating profit−$5.0M——
Net earnings−$5.0M——
Operating cash flow−$3.0M——

What changed

Revenue was $682K in Q1 2026, up 124% from the previous quarter.

Gross margin was 33.8%. Operating costs exceeded revenue by $5.0M, an operating margin of -728.3%. The quarter ended with a net loss of $5.0M, wider than the previous quarter's $3.0M loss.

Operating cash flow was −$3.0M. Non-cash charges added back $159K of depreciation and amortization and $8K of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $363K exceeded it, leaving free cash flow of −$3.3M.

Questions

What was Pmgc Holdings' revenue in the first quarter 2026?

Pmgc Holdings (ELAB) reported revenue of $682K for the first quarter 2026 (Q1 2026) and +124% from the quarter before.

Was Pmgc Holdings profitable in the first quarter 2026?

Operating loss was $5.0M (-728.3% of revenue) and net loss $5.0M.

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Source: Pmgc Holdings 10-Q on SEC EDGAR.