Filing Flows › Hour Loop (HOUR) › Q1 2026
Hour Loop (HOUR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Hour Loop (HOUR) reported revenue of $29.9M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -47% from the quarter before. Operating margin was 3.8%, net earnings $823K (2.8% of revenue).
Hour Loop, Q1 2026: revenue $29.9M (+16% year over year), operating margin 3.8%, net earnings $823K, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.9M | -47% | +16% |
| Gross profit | $16.0M | -42% | +13% |
| Operating profit | $1.1M | — | +24% |
| Net earnings | $823K | — | +26% |
| Operating cash flow | −$2.2M | -173% | — |
What changed
Revenue was $29.9M in Q1 2026, up 16% year over year and down 47% from the previous quarter.
Gross margin was 53.5%, down 1.2 points from Q1 2025. Operating profit was $1.1M, a 3.8% margin (up 0.3 points year over year). Of the extra revenue versus Q1 2025, 5% reached operating profit, above the 4% margin then. Operating expenses grew 12% against revenue growth of 16%. The fastest-growing cost line was General & admin (+15%). Net earnings were $823K, up 26% year over year. The effective tax rate was 27.3%.
Operating cash flow was −$2.2M. Non-cash charges added back $12K of depreciation and $15K of share-based compensation. Working capital and other items used $3.1M. Capital expenditures of $6K exceeded it, leaving free cash flow of −$2.2M.
Questions
What was Hour Loop's revenue in the first quarter 2026?
Hour Loop (HOUR) reported revenue of $29.9M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -47% from the quarter before.
Was Hour Loop profitable in the first quarter 2026?
Operating profit was $1.1M (3.8% of revenue) and net earnings $823K.
Source: Hour Loop 10-Q on SEC EDGAR.