Filing Flows › Fdctech (FDCT) › Q1 2026 › vs Q4 2025
Fdctech (FDCT) Q1 2026 vs Q4 2025 (quarter over quarter)
Fdctech's revenue fell $2.5M (-14%) from $17.7M in Q4 2025 to $15.2M in Q1 2026. Gross margin 76.4% against 55.1% (+21.4 pts).
Fdctech, Q1 2026: revenue $15.2M (+155% year over year), operating margin 45.1%, net earnings $6.9M, operating cash flow $35.8M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 76.4% | 55.1% | +21.4 pts |
| Operating margin | 45.1% | 29.3% | +15.8 pts |
| Net margin | 45.1% | 29.9% | +15.2 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $15.2M | $17.7M | −$2.5M | -14% |
| Gross profit | $11.6M | $9.7M | $1.9M | +19% |
| Cost of revenue | $3.6M | $7.9M | −$4.4M | -55% |
| Operating profit | $6.9M | $5.2M | $1.7M | +32% |
| Operating expenses | $4.8M | $4.6M | $216K | +5% |
| Pre-tax earnings | $6.9M | $5.2M | $1.7M | +32% |
| Sales & marketing | $404K | $449K | −$45K | -10% |
| General & admin | $4.3M | $4.1M | $266K | +7% |
| Other operating costs | $47K | $52K | −$5K | -10% |
| Net earnings | $6.9M | $5.3M | $1.6M | +30% |
| Minority interests | $6K | −$82K | $88K | — |
| Depreciation | $47K | $52K | −$5K | -10% |
| Working capital & other | $28.9M | −$42.6M | $71.5M | — |
| Operating cash flow | $35.8M | −$37.3M | $73.1M | — |
Questions
How much did Fdctech's revenue grow quarter over quarter in Q1 2026?
Fdctech's revenue fell $2.5M (-14%) from $17.7M in Q4 2025 to $15.2M in Q1 2026. Gross margin 76.4% against 55.1% (+21.4 pts).