Filing Flows › Electromed (ELMD) › Q1 FY26
Electromed (ELMD) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 12, 2025
Electromed (ELMD) reported revenue of $16.9M for the first quarter fiscal 2026 (Q1 FY26), +15% from a year earlier and -3% from the quarter before. Operating margin was 15.8%, net earnings $2.1M (12.6% of revenue).
Electromed, Q1 FY26: revenue $16.9M (+15% year over year), operating margin 15.8%, net earnings $2.1M, operating cash flow $169K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.9M | -3% | +15% |
| Gross profit | $13.2M | -3% | +15% |
| Operating profit | $2.7M | -12% | +38% |
| Net earnings | $2.1M | -3% | +45% |
| Operating cash flow | $169K | -96% | -93% |
What changed
Revenue was $16.9M in Q1 FY26, up 15% year over year and down 3% from the previous quarter.
Gross margin was 78.1%, down 0.2 points from a year earlier. Operating profit was $2.7M, a 15.8% margin (up 2.6 points year over year). Of the extra revenue versus a year earlier, 33% reached operating profit, above the 13% margin then. Operating expenses grew 10% against revenue growth of 15%. The fastest-growing cost line was Research & development (+45%). Net earnings were $2.1M, up 45% year over year. The effective tax rate was 23.8%.
Operating cash flow was $169K (down 93% year over year), 8% of net earnings. Non-cash charges added back $259K of depreciation and amortization and $458K of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $252K exceeded it, leaving free cash flow of −$83K.
Questions
What was Electromed's revenue in the first quarter fiscal 2026?
Electromed (ELMD) reported revenue of $16.9M for the first quarter fiscal 2026 (Q1 FY26), +15% from a year earlier and -3% from the quarter before.
Was Electromed profitable in the first quarter fiscal 2026?
Operating profit was $2.7M (15.8% of revenue) and net earnings $2.1M.
Source: Electromed 10-Q on SEC EDGAR.