Filing Flows › Spectral Capital (FCCN) › Q2 2026
Spectral Capital (FCCN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Spectral Capital (FCCN) reported revenue of $318M for the second quarter 2026 (Q2 2026) and -3% from the quarter before. Operating margin was -0.6%, net earnings $7.4M (2.3% of revenue).
Spectral Capital, Q2 2026: revenue $318M, operating margin -0.6%, net earnings $7.4M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $318M | -3% | — |
| Operating profit | −$1.9M | — | — |
| Net earnings | $7.4M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $318.3M in Q2 2026, down 3% from the previous quarter. Voice Services, at a point in time was the largest line at 99% of revenue.
Gross margin was 1.0%. Operating costs exceeded revenue by $1.9M, an operating margin of -0.6%. Net earnings were $7.4M. The effective tax rate was 2.3%. Non-operating items added $9.4M, 125% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.0M. Non-cash charges added back $2.0M of depreciation and amortization and $227K of share-based compensation. Working capital and other items used $10.7M. Capital expenditures of $6K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Spectral Capital's revenue in the second quarter 2026?
Spectral Capital (FCCN) reported revenue of $318M for the second quarter 2026 (Q2 2026) and -3% from the quarter before.
Was Spectral Capital profitable in the second quarter 2026?
Operating loss was $1.9M (-0.6% of revenue) and net earnings $7.4M.
Source: Spectral Capital 10-Q on SEC EDGAR.