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Firy (FIRY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 19, 2026

Firy (FIRY) reported revenue of $31.0M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +6% from the quarter before. Operating margin was -69.6%, net loss $24.5M (79.0% of revenue).

Revenue$31.0M
Year over year+23%
Quarter over quarter+6%
Operating margin-69.6%
Net earnings−$24.5M

Firy, Q2 2026: revenue $31.0M (+23% year over year), operating margin -69.6%, net loss $24.5M, operating cash flow −$17.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$31.0M+6%+23%
Operating profit−$21.6M——
Net earnings−$24.5M——
Operating cash flow−$17.9M——

What changed

Revenue was $31.0M in Q2 2026, up 23% year over year and up 6% from the previous quarter.

Operating costs exceeded revenue by $21.6M, an operating margin of -69.6%. Total costs grew 28% against revenue growth of 23%. The fastest-growing cost line was General & admin (+69%). The quarter ended with a net loss of $24.5M, wider than the previous quarter's $10.9M loss.

Operating cash flow was −$17.9M. Non-cash charges added back $1.0M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of −$281K exceeded it, leaving free cash flow of −$17.6M.

Questions

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

Firy (FIRY) reported revenue of $31.0M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +6% from the quarter before.

Was Firy profitable in the second quarter 2026?

Operating loss was $21.6M (-69.6% of revenue) and net loss $24.5M.

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Source: Firy 10-Q on SEC EDGAR.