Filing Flows › Galaxy Gaming (GLXZ) › Q1 2026
Galaxy Gaming (GLXZ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Galaxy Gaming (GLXZ) reported revenue of $7.7M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -7% from the quarter before. Operating margin was 28.4%, net earnings $1.4M (17.8% of revenue).
Galaxy Gaming, Q1 2026: revenue $7.7M (-2% year over year), operating margin 28.4%, net earnings $1.4M, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.7M | -7% | -2% |
| Operating profit | $2.2M | -8% | +10% |
| Net earnings | $1.4M | -10% | — |
| Operating cash flow | $2.5M | +14% | +118% |
| Free cash flow | $2.5M | +13% | +131% |
What changed
Revenue was $7.7M in Q1 2026, down 2% year over year and down 7% from the previous quarter.
Operating profit was $2.2M, a 28.4% margin (up 3.0 points year over year). Total costs fell 6% while revenue fell 2%. Net earnings were $1.4M. The effective tax rate was 2.2%.
Operating cash flow was $2.5M (up 118% year over year), 186% of net earnings. Non-cash charges added back $870K of depreciation and amortization and $53K of share-based compensation. Working capital and other items added $254K. Capital expenditures of $64K left free cash flow of $2.5M.
Questions
What was Galaxy Gaming's revenue in the first quarter 2026?
Galaxy Gaming (GLXZ) reported revenue of $7.7M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -7% from the quarter before.
Was Galaxy Gaming profitable in the first quarter 2026?
Operating profit was $2.2M (28.4% of revenue) and net earnings $1.4M.
Source: Galaxy Gaming 10-Q on SEC EDGAR.