Filing Flows › Elauwit Connection (ELWT) › Q2 2026
Elauwit Connection (ELWT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 19, 2026
Elauwit Connection (ELWT) reported revenue of $2.9M for the second quarter 2026 (Q2 2026), -46% from a year earlier and -36% from the quarter before. Operating margin was -108.5%, net loss $3.1M (109.6% of revenue).
Elauwit Connection, Q2 2026: revenue $2.9M (-46% year over year), operating margin -108.5%, net loss $3.1M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9M | -36% | -46% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$3.1M | — | — |
| Operating cash flow | −$2.7M | — | — |
What changed
Revenue was $2.9M in Q2 2026, down 46% year over year and down 36% from the previous quarter. Network design and installation was the largest line at 57% of revenue. Network design and installation lost $3.0M year over year (down 65%), 123% of the total change.
Gross margin was 15.5%, up 0.4 points from a year earlier. Operating costs exceeded revenue by $3.1M, an operating margin of -108.5%. Operating expenses grew 129% against a revenue fall of 46%. The fastest-growing cost line was Sales & marketing (+257%). The quarter ended with a net loss of $3.1M, wider than the previous quarter's $2.2M loss.
Operating cash flow was −$2.7M. Non-cash charges added back $95K of share-based compensation. Working capital and other items added $366K.
Questions
What was Elauwit Connection's revenue in the second quarter 2026?
Elauwit Connection (ELWT) reported revenue of $2.9M for the second quarter 2026 (Q2 2026), -46% from a year earlier and -36% from the quarter before.
Was Elauwit Connection profitable in the second quarter 2026?
Operating loss was $3.1M (-108.5% of revenue) and net loss $3.1M.
Source: Elauwit Connection 10-Q on SEC EDGAR.