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Foxo Technologies (FOXO) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Foxo Technologies (FOXO) reported revenue of $5.2M for the first quarter 2026 (Q1 2026), +63% from a year earlier and +17% from the quarter before. Operating margin was -5.4%, net loss $1.5M (28.2% of revenue).

Revenue$5.2M
Year over year+63%
Quarter over quarter+17%
Operating margin-5.4%
Net earnings−$1.5M

Foxo Technologies, Q1 2026: revenue $5.2M (+63% year over year), operating margin -5.4%, net loss $1.5M, operating cash flow −$578K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$5.2M+17%+63%
Operating profit−$277K——
Net earnings−$1.5M——
Operating cash flow−$578K——

What changed

Revenue was $5.2M in Q1 2026, up 63% year over year and up 17% from the previous quarter. HealthCares was the largest line at 93% of revenue. HealthCares added $1.6M year over year (up 52%), 82% of the total change. Labs declined 48%.

Operating costs exceeded revenue by $277K, an operating margin of -5.4%. Total costs grew 15% against revenue growth of 63%. The fastest-growing cost line was Other operating costs (+32%). The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $9.4M loss. Net interest and other expense of $1.2M was the main reason.

Operating cash flow was −$578K. Non-cash charges added back $171K of depreciation and amortization. Working capital and other items added $706K. Capital expenditures of $4K exceeded it, leaving free cash flow of −$582K.

Questions

What was Foxo Technologies' revenue in the first quarter 2026?

Foxo Technologies (FOXO) reported revenue of $5.2M for the first quarter 2026 (Q1 2026), +63% from a year earlier and +17% from the quarter before.

Was Foxo Technologies profitable in the first quarter 2026?

Operating loss was $277K (-5.4% of revenue) and net loss $1.5M.

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Source: Foxo Technologies 10-Q on SEC EDGAR.