Filing Flows › HWH International (ESYN) › Q1 2026
HWH International (ESYN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
HWH International (ESYN) reported revenue of $64K for the first quarter 2026 (Q1 2026), -78% from a year earlier and +18% from the quarter before. Operating margin was -976.3%, net loss $627K (976.3% of revenue).
HWH International, Q1 2026: revenue $64K (-78% year over year), operating margin -976.3%, net loss $627K, operating cash flow −$193K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64K | +18% | -78% |
| Operating profit | −$627K | — | — |
| Net earnings | −$627K | — | — |
| Operating cash flow | −$193K | — | — |
What changed
Revenue was $64K in Q1 2026, down 78% year over year and up 18% from the previous quarter.
Gross margin was 73.7%, up 23.7 points from Q1 2025. Operating costs exceeded revenue by $627K, an operating margin of -976.3%. Operating expenses fell 1% while revenue fell 78%. The quarter ended with a net loss of $627K, narrower than the previous quarter's $1.9M loss. Minority interests bore $1K of it: to shareholders the quarter was a loss of $626K.
Operating cash flow was −$193K. Non-cash charges added back $2K of depreciation. Working capital and other items added $432K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$193K.
Questions
What was HWH International's revenue in the first quarter 2026?
HWH International (ESYN) reported revenue of $64K for the first quarter 2026 (Q1 2026), -78% from a year earlier and +18% from the quarter before.
Was HWH International profitable in the first quarter 2026?
Operating loss was $627K (-976.3% of revenue) and net loss $627K.
Source: HWH International 10-Q on SEC EDGAR.