Filing Flows › Hong Yuan Holding (HGYN) › Q1 2026
Hong Yuan Holding (HGYN) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 22, 2026
Hong Yuan Holding (HGYN) reported revenue of $44K for the first quarter 2026 (Q1 2026), -82% from a year earlier and -81% from the quarter before. Operating margin was -216.4%, net loss $94K (216.2% of revenue).
Hong Yuan Holding, Q1 2026: revenue $44K (-82% year over year), operating margin -216.4%, net loss $94K, operating cash flow −$3K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44K | -81% | -82% |
| Operating profit | −$95K | -322% | -336% |
| Net earnings | −$94K | -341% | -352% |
| Operating cash flow | −$3K | -995% | — |
What changed
Revenue was $44K in Q1 2026, down 82% year over year and down 81% from the previous quarter.
Gross margin was 50.3%, up 3.6 points from Q1 2025. Operating costs exceeded revenue by $95K, an operating margin of -216.4%. Operating expenses grew 61% against a revenue fall of 82%. The fastest-growing cost line was Sales & marketing (+9708%). The quarter ended with a net loss of $94K, after a profit of $40K the previous quarter. Minority interests bore $1K of it: to shareholders the quarter was a loss of $93K.
Operating cash flow was −$3K. Non-cash charges added back $2K of depreciation. Working capital and other items added $89K.
Questions
What was Hong Yuan Holding's revenue in the first quarter 2026?
Hong Yuan Holding (HGYN) reported revenue of $44K for the first quarter 2026 (Q1 2026), -82% from a year earlier and -81% from the quarter before.
Was Hong Yuan Holding profitable in the first quarter 2026?
Operating loss was $95K (-216.4% of revenue) and net loss $94K.
Source: Hong Yuan Holding 10-Q on SEC EDGAR.