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FiEE (FIEE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

FiEE (FIEE) reported revenue of $4.8M for the second quarter 2026 (Q2 2026), up 107-fold from a year earlier and +127% from the quarter before. Operating margin was 54.8%, net earnings $2.1M (43.7% of revenue).

Revenue$4.8M
Year over year107×
Quarter over quarter+127%
Operating margin54.8%
Net earnings$2.1M

FiEE, Q2 2026: revenue $4.8M (107× year over year), operating margin 54.8%, net earnings $2.1M, operating cash flow $24K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.8M+127%107×
Gross profit$3.9M+159%3,644×
Operating profit$2.6M+520%—
Net earnings$2.1M+500%—
Operating cash flow$24K-64%-96%

What changed

Revenue was $4.8M in Q2 2026, up 10625% year over year and up 127% from the previous quarter.

Gross margin was 80.3%, up 77.9 points from Q2 2025. Operating profit was $2.6M, a 54.8% margin (up 1470.4 points year over year). Operating expenses grew 93% against revenue growth of 10625%. The fastest-growing cost line was Sales & marketing (+1401%). Net earnings were $2.1M. The effective tax rate was 20.0%.

Operating cash flow was $24K (down 96% year over year), 1% of net earnings. Non-cash charges added back $352K of depreciation and amortization and $264K of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of −$8K left free cash flow of $32K.

Questions

What was FiEE's revenue in the second quarter 2026?

FiEE (FIEE) reported revenue of $4.8M for the second quarter 2026 (Q2 2026), up 107-fold from a year earlier and +127% from the quarter before.

Was FiEE profitable in the second quarter 2026?

Operating profit was $2.6M (54.8% of revenue) and net earnings $2.1M.

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Source: FiEE 10-Q on SEC EDGAR.