Filing Flows › Gulf Resources (GURE) › Q1 2026 › vs Q4 2025
Gulf Resources (GURE) Q1 2026 vs Q4 2025 (quarter over quarter)
Gulf Resources's revenue fell $4.1M (-63%) from $6.4M in Q4 2025 to $2.4M in Q1 2026.
Gulf Resources, Q1 2026: revenue $2.4M (+48% year over year), operating margin -171.3%, net loss $3.9M, operating cash flow $1.1M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 24.3% | 47.5% | -23.2 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.4M | $6.4M | −$4.1M | -63% |
| Other income, net | $130K | $21K | $109K | +510% |
| Net loss | $3.9M | $2.9M | $1.1M | +38% |
| Costs & expenses | $6.4M | $9.3M | −$2.9M | -31% |
| Operating costs | $6.4M | $9.3M | −$2.9M | -31% |
| Sales & marketing | $5K | $14K | −$9K | -61% |
| General & admin | $1.3M | $2.4M | −$1.1M | -45% |
| Other operating costs | $5.1M | $6.9M | −$1.8M | -26% |
| Operating cash sources | $5.0M | $5.3M | −$328K | -6% |
| Depreciation & amortization | $4.1M | $4.5M | −$419K | -9% |
| Working capital & other | $924K | $833K | $91K | +11% |
| Net loss absorbed | $3.9M | $2.9M | $1.1M | +38% |
| Operating cash flow | $1.1M | $3.2M | −$2.1M | -66% |
| Free cash flow (OCF − capex) | $576K | $3.1M | −$2.5M | -81% |
| Capital expenditures | $515K | $175K | $341K | +195% |
Questions
How much did Gulf Resources's revenue grow quarter over quarter in Q1 2026?
Gulf Resources's revenue fell $4.1M (-63%) from $6.4M in Q4 2025 to $2.4M in Q1 2026.