Filing Flows › Giftify (GIFT) › Q1 2026
Giftify (GIFT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Giftify (GIFT) reported revenue of $21.4M for the first quarter 2026 (Q1 2026), -4% from a year earlier and +0.6% from the quarter before. Operating margin was -12.5%, net loss $2.7M (12.4% of revenue).
Giftify, Q1 2026: revenue $21.4M (-4% year over year), operating margin -12.5%, net loss $2.7M, operating cash flow −$37K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.4M | +0.6% | -4% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | −$37K | — | — |
What changed
Revenue was $21.4M in Q1 2026, down 4% year over year and up 1% from the previous quarter. Card Cash Gift Cards was the largest line at 97% of revenue. Card Cash Gift Cards lost $1.1M year over year (down 5%), 115% of the total change.
Gross margin was 19.9%, up 3.8 points from Q1 2025. Operating costs exceeded revenue by $2.7M, an operating margin of -12.5%. Operating expenses grew 2% against a revenue fall of 4%. The quarter ended with a net loss of $2.7M, wider than the previous quarter's $2.2M loss.
Operating cash flow was −$37K. Non-cash charges added back $739K of depreciation and amortization and $527K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Giftify's revenue in the first quarter 2026?
Giftify (GIFT) reported revenue of $21.4M for the first quarter 2026 (Q1 2026), -4% from a year earlier and +0.6% from the quarter before.
Was Giftify profitable in the first quarter 2026?
Operating loss was $2.7M (-12.5% of revenue) and net loss $2.7M.
Source: Giftify 10-Q on SEC EDGAR.