Filing Flows › HawkEye 360 (HAWK) › Q1 2026
HawkEye 360 (HAWK) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 22, 2026
HawkEye 360 (HAWK) reported revenue of $49.8M for the first quarter 2026 (Q1 2026), +116% from a year earlier. Operating margin was -11.3%, net loss $9.0M (18.1% of revenue).
HawkEye 360, Q1 2026: revenue $49.8M (+116% year over year), operating margin -11.3%, net loss $9.0M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.8M | — | +116% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$9.0M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $49.8M in Q1 2026, up 116% year over year.
Operating costs exceeded revenue by $5.6M, an operating margin of -11.3%. Total costs grew 121% against revenue growth of 116%. The fastest-growing cost line was Cost of revenue (+230%). The quarter ended with a net loss of $9.0M.
Operating cash flow was −$3.3M. Non-cash charges added back $7.7M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $4.3M. Capital expenditures of $4.1M exceeded it, leaving free cash flow of −$7.3M.
Questions
What was HawkEye 360's revenue in the first quarter 2026?
HawkEye 360 (HAWK) reported revenue of $49.8M for the first quarter 2026 (Q1 2026), +116% from a year earlier.
Was HawkEye 360 profitable in the first quarter 2026?
Operating loss was $5.6M (-11.3% of revenue) and net loss $9.0M.
Source: HawkEye 360 10-Q on SEC EDGAR.