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Tessera Defense & Homeland Security (HLSQ) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 19, 2026 · Tessera Defense & Homeland Security (HLSQ) Q2 2026 earnings results →

Tessera Defense & Homeland Security made $332K in Q2 2026. Operating margin n/m, net loss $3.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 19, 2026.

Revenue$332K
Year over year—
Operating marginn/m
Net earnings−$3.8M
Operating cash flow−$1.2M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $332K in Q2 2026.

Gross margin was 29.2%. Operating costs exceeded revenue by $5.4M, an operating margin of -1630.7%. The quarter ended with a net loss of $3.8M. Non-operating items added $1.6M, -41% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.2M. Non-cash charges added back $4.0M of share-based compensation. Working capital and other items used $1.3M.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 19, 2026$332K—n/m−$3.8M−$1.2M

Charts

Tessera Defense & Homeland Security: where the cash came from (+) and went (−), TTM to Q2 2026Tessera Defense & Homeland Security: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow−$18.2MCash drawn (+) / kept (−)$14.9MOther financing$4.8MOther investing−$1.6M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Tessera Defense & Homeland Security: profit against cash, quarter by quarterTessera Defense & Homeland Security: profit against cash, quarter by quarterNet incomeOperating cash flow$9.6M−$8.1MQ3 2024−$14.5M−$6.3MQ4 2024−$7.7M−$8.7MQ1 2025−$6.0M−$6.1MQ2 2025−$9.2M−$7.2MQ3 2025−$13.3M−$4.4MQ4 2025−$19.1M−$5.4MQ1 2026−$3.8M−$1.2MQ2 2026
Latest (Q2 2026): Net income −$3.8M, Operating cash flow −$1.2M.
Tessera Defense & Homeland Security: diluted shares by fiscal year (split-adjusted)Tessera Defense & Homeland Security: diluted shares by fiscal year (split-adjusted)46MFY202052MFY202160MFY202210MFY20232MFY20242MFY2025
-96.5% since FY2020: buybacks shrank the count; earlier years scaled for the 2-for-1 split before FY2025.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Tessera Defense & Homeland Security

We are a clinical stage product discovery company developing products using both natural and engineered phage technologies designed to target and kill specific harmful bacteria associated with chronic diseases, such as diabetic foot infections, or DFI . Bacteriophage or phage are bacterial, species-specific, strain-limited viruses that infect, amplify and kill the target bacteria and are considered inert to mammalian cells. By utilizing proprietary combinations of naturally occurring phage and by creating novel phage using synthetic biology, we develop phage-based therapies intended to address large-market diseases.

In its own words, from its 10-K, filed Feb 19, 2026.

Tessera Defense & Homeland Security against its Services-Prepackaged Software peers

The largest companies of the same SEC industry, each at its latest quarter.

CompanyQuarterRevenueY/YOp. margin
HLSQ Tessera Defense & Homeland SecurityQ2 2026$332K—n/m
MSFT MicrosoftQ1 FY27$92.3B+19%49.8%
ORCL OracleQ1 FY27$19.3B+30%34.8%
CRM SalesforceQ2 FY27$11.3B+11%20.5%
ADBE AdobeQ3 FY26$6.8B+13%34.8%
XYZ BlockQ3 2026$6.7B+10%6.4%
INTU IntuitQ4 FY26$4.4B+14%10.9%
NOW ServiceNowQ3 2026$4.1B+20%9.4%
SHOP ShopifyQ3 2026$3.7B+32%15.2%

Source: Tessera Defense & Homeland Security 10-Q on SEC EDGAR · CIK 1739174 · Services-Prepackaged Software

More on HLSQ

History

Every quarter: Q2 2026 results

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