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GlobalTech (GLTK) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

GlobalTech (GLTK) reported revenue of $11.1M for the second quarter 2026 (Q2 2026), +98% from a year earlier and +7% from the quarter before. Operating margin was -34.6%, net earnings $534K (4.8% of revenue).

Revenue$11.1M
Year over year+98%
Quarter over quarter+7%
Operating margin-34.6%
Net earnings$534K

GlobalTech, Q2 2026: revenue $11.1M (+98% year over year), operating margin -34.6%, net earnings $534K, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$11.1M+7%+98%
Operating profit−$3.8M——
Net earnings$534K——
Operating cash flow−$1.6M—-385%

What changed

Revenue was $11.1M in Q2 2026, up 98% year over year and up 7% from the previous quarter.

Operating costs exceeded revenue by $3.8M, an operating margin of -34.6%. Total costs grew 127% against revenue growth of 98%. Net earnings were $534K. The effective tax rate was 14.7%. Non-operating items added $4.5M, 713% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.6M. Non-cash charges added back $631K of depreciation and amortization. Working capital and other items used $2.8M. Capital expenditures of $55K exceeded it, leaving free cash flow of −$1.7M.

Questions

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

GlobalTech (GLTK) reported revenue of $11.1M for the second quarter 2026 (Q2 2026), +98% from a year earlier and +7% from the quarter before.

Was GlobalTech profitable in the second quarter 2026?

Operating loss was $3.8M (-34.6% of revenue) and net earnings $534K.

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Source: GlobalTech 10-Q on SEC EDGAR.