Filing Flows › Elmet Group (ELMT) › Q2 2026
Elmet Group (ELMT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Elmet Group (ELMT) reported revenue of $66.4M for the second quarter 2026 (Q2 2026), +35% from a year earlier and +19% from the quarter before. Operating margin was -11.5%, net loss $4.5M (6.8% of revenue).
Elmet Group, Q2 2026: revenue $66.4M (+35% year over year), operating margin -11.5%, net loss $4.5M, operating cash flow −$14.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.4M | +19% | +35% |
| Operating profit | −$7.6M | -509% | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$14.5M | -309% | — |
What changed
Revenue was $66.4M in Q2 2026, up 35% year over year and up 19% from the previous quarter.
Gross margin was 25.0%, up 4.4 points from a year earlier. Operating costs exceeded revenue by $7.6M, an operating margin of -11.5%. Operating expenses grew 251% against revenue growth of 35%. The fastest-growing cost line was General & admin (+343%). The quarter ended with a net loss of $4.5M, wider than the previous quarter's $338K loss.
Operating cash flow was −$14.5M. Non-cash charges added back $1.9M of depreciation and amortization and $10.1M of share-based compensation. Working capital and other items used $22.0M. Capital expenditures of $804K exceeded it, leaving free cash flow of −$15.3M.
Questions
What was Elmet Group's revenue in the second quarter 2026?
Elmet Group (ELMT) reported revenue of $66.4M for the second quarter 2026 (Q2 2026), +35% from a year earlier and +19% from the quarter before.
Was Elmet Group profitable in the second quarter 2026?
Operating loss was $7.6M (-11.5% of revenue) and net loss $4.5M.
Source: Elmet Group 10-Q on SEC EDGAR.