Filing Flows › Evolution Metals & Technologies (EMAT) › Q2 2026
Evolution Metals & Technologies (EMAT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 17, 2026
Evolution Metals & Technologies (EMAT) reported revenue of $1.6M for the second quarter 2026 (Q2 2026) and -13% from the quarter before. Operating margin was -744.9%, net loss $11.9M (728.0% of revenue).
Evolution Metals & Technologies, Q2 2026: revenue $1.6M, operating margin -744.9%, net loss $11.9M, operating cash flow −$9.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6M | -13% | — |
| Operating profit | −$12.2M | — | — |
| Net earnings | −$11.9M | -103% | — |
| Operating cash flow | −$9.2M | — | — |
What changed
Revenue was $1.6M in Q2 2026, down 13% from the previous quarter. Korean Domestic Sales was the largest line at 97% of revenue.
Operating costs exceeded revenue by $12.2M, an operating margin of -744.9%. The quarter ended with a net loss of $11.9M, after a profit of $440.3M the previous quarter.
Operating cash flow was −$9.2M. Non-cash charges added back $289K of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $472K. Capital expenditures of $7.7M exceeded it, leaving free cash flow of −$17.0M.
Questions
What was Evolution Metals & Technologies' revenue in the second quarter 2026?
Evolution Metals & Technologies (EMAT) reported revenue of $1.6M for the second quarter 2026 (Q2 2026) and -13% from the quarter before.
Was Evolution Metals & Technologies profitable in the second quarter 2026?
Operating loss was $12.2M (-744.9% of revenue) and net loss $11.9M.