Filing Flows › Firy (FIRY) › Q1 2026
Firy (FIRY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Firy (FIRY) reported revenue of $29.1M for the first quarter 2026 (Q1 2026), +33% from a year earlier and -3% from the quarter before. Operating margin was -30.1%, net loss $10.9M (37.6% of revenue).
Firy, Q1 2026: revenue $29.1M (+33% year over year), operating margin -30.1%, net loss $10.9M, operating cash flow −$6.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.1M | -3% | +33% |
| Operating profit | −$8.8M | — | — |
| Net earnings | −$10.9M | — | — |
| Operating cash flow | −$6.7M | — | — |
What changed
Revenue was $29.1M in Q1 2026, up 33% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $8.8M, an operating margin of -30.1%. Total costs grew 1% against revenue growth of 33%. The quarter ended with a net loss of $10.9M, narrower than the previous quarter's $17.9M loss.
Operating cash flow was −$6.7M. Non-cash charges added back $716K of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $736K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$7.7M.
Questions
What was Firy's revenue in the first quarter 2026?
Firy (FIRY) reported revenue of $29.1M for the first quarter 2026 (Q1 2026), +33% from a year earlier and -3% from the quarter before.
Was Firy profitable in the first quarter 2026?
Operating loss was $8.8M (-30.1% of revenue) and net loss $10.9M.
Source: Firy 10-Q on SEC EDGAR.