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Enhanced Group (ENHA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 4, 2026

Enhanced Group (ENHA) reported revenue of $3K for the first quarter 2026 (Q1 2026).

Revenue$3K
Year over year—
Quarter over quarter—
Operating margin—
Net earnings$1.4M

Enhanced Group, Q1 2026: revenue $3K, net earnings $1.4M, operating cash flow −$211K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3K——
Operating profit−$374K——
Net earnings$1.4M——
Operating cash flow−$211K——

What changed

Revenue was $3K in Q1 2026.

Operating costs exceeded revenue by $374K, an operating margin of -13584.0%. Net earnings were $1.4M. The effective tax rate was 0.0%. Non-operating items added $1.8M, 126% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$211K. Non-cash charges added back $17K of depreciation and amortization and $727K of share-based compensation. Working capital and other items used $2.4M. Capital expenditures of $129K exceeded it, leaving free cash flow of −$341K.

Questions

What was Enhanced Group's revenue in the first quarter 2026?

Enhanced Group (ENHA) reported revenue of $3K for the first quarter 2026 (Q1 2026).

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Source: Enhanced Group 10-Q on SEC EDGAR.