Filing Flows › Elvictor Group (ELVG) › Q1 2026
Elvictor Group (ELVG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 20, 2026
Elvictor Group (ELVG) reported revenue of $985K for the first quarter 2026 (Q1 2026), +64% from a year earlier and +75% from the quarter before. Operating margin was 15.4%, net earnings $136K (13.8% of revenue).
Elvictor Group, Q1 2026: revenue $985K (+64% year over year), operating margin 15.4%, net earnings $136K, operating cash flow −$356K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $985K | +75% | +64% |
| Gross profit | $600K | +44% | +35% |
| Operating profit | $151K | — | +258% |
| Net earnings | $136K | 16× | +125% |
| Operating cash flow | −$356K | -238% | -1150% |
What changed
Revenue was $1.0M in Q1 2026, up 64% year over year and up 75% from the previous quarter.
Gross margin was 60.9%, down 12.7 points from Q1 2025. Operating profit was $151K, a 15.4% margin (up 8.3 points year over year). Of the extra revenue versus Q1 2025, 28% reached operating profit, above the 7% margin then. Operating expenses grew 12% against revenue growth of 64%. Net earnings were $136K, up 125% year over year. The effective tax rate was 7.0%.
Operating cash flow was −$356K. Non-cash charges added back $16K of depreciation and amortization. Working capital and other items used $508K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$358K.
Questions
What was Elvictor Group's revenue in the first quarter 2026?
Elvictor Group (ELVG) reported revenue of $985K for the first quarter 2026 (Q1 2026), +64% from a year earlier and +75% from the quarter before.
Was Elvictor Group profitable in the first quarter 2026?
Operating profit was $151K (15.4% of revenue) and net earnings $136K.
Source: Elvictor Group 10-Q on SEC EDGAR.