Filing Flows › FiEE (FIEE) › Q1 2026
FiEE (FIEE) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
FiEE (FIEE) reported revenue of $2.1M for the first quarter 2026 (Q1 2026), up 16,976-fold from a year earlier and -50% from the quarter before. Operating margin was 20.1%, net earnings $352K (16.6% of revenue).
FiEE, Q1 2026: revenue $2.1M (16,976× year over year), operating margin 20.1%, net earnings $352K, operating cash flow $67K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | -50% | 16,976× |
| Gross profit | $1.5M | -60% | — |
| Operating profit | $426K | -84% | — |
| Net earnings | $352K | -85% | — |
| Operating cash flow | $67K | -94% | — |
What changed
Revenue was $2.1M in Q1 2026, up 1697491% year over year and down 50% from the previous quarter.
Gross margin was 70.4%. Operating profit was $426K, a 20.1% margin (up 296916.9 points year over year). The fastest-growing cost line was General & admin (+193%). Net earnings were $352K. The effective tax rate was 28.0%.
Operating cash flow was $67K, 19% of net earnings. Non-cash charges added back $344K of depreciation and amortization and $46K of share-based compensation. Working capital and other items used $675K. Capital expenditures of $518K exceeded it, leaving free cash flow of −$451K.
Questions
What was FiEE's revenue in the first quarter 2026?
FiEE (FIEE) reported revenue of $2.1M for the first quarter 2026 (Q1 2026), up 16,976-fold from a year earlier and -50% from the quarter before.
Was FiEE profitable in the first quarter 2026?
Operating profit was $426K (20.1% of revenue) and net earnings $352K.
Source: FiEE 10-Q on SEC EDGAR.