Filing Flows › HeartCore Enterprises (HTCR) › Q1 2026 › vs Q1 2025
HeartCore Enterprises (HTCR) Q1 2026 vs Q1 2025 (year over year)
HeartCore Enterprises's revenue fell $2.3M (-65%) from $3.6M in Q1 2025 to $1.2M in Q1 2026. The biggest changes: Customised Software Development and Services −$827K (-45%); Consulting Services −$220K (-90%); Software Development Services +$200K (29×).
HeartCore Enterprises, Q1 2026: revenue $1.2M (-65% year over year), operating margin -123.7%, net loss $2.0M, operating cash flow −$1.2M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Customised Software Development and Services | $1.0M | $1.8M | −$827K | -45% |
| Software Development Services | $207K | $7K | $200K | 29× |
| Consulting Services | $26K | $246K | −$220K | -90% |
| Revenue | $1.2M | $3.6M | −$2.3M | -65% |
| Net loss | $2.0M | $3.1M | −$1.2M | -37% |
| Costs & expenses | $3.2M | $6.7M | −$3.5M | -52% |
| Operating costs | $2.8M | $4.8M | −$2.0M | -42% |
| Interest & other, net | $419K | $1.9M | −$1.5M | -78% |
| Income tax | $17K | $40K | −$22K | -56% |
| Cost of revenue | $1.2M | $3.0M | −$1.9M | -61% |
| Operating cash sources | $2.0M | $3.1M | −$1.2M | -37% |
| Depreciation | $8K | $27K | −$19K | -71% |
| Share-based compensation | $2K | $32K | −$30K | -94% |
| Working capital & other | $813K | $1.1M | −$264K | -25% |
| Cash used in operations | $1.2M | $2.0M | −$847K | -42% |
| Net loss absorbed | $2.0M | $3.1M | −$1.2M | -37% |
Questions
How much did HeartCore Enterprises's revenue grow year over year in Q1 2026?
HeartCore Enterprises's revenue fell $2.3M (-65%) from $3.6M in Q1 2025 to $1.2M in Q1 2026.
What drove HeartCore Enterprises's revenue change in Q1 2026?
Customised Software Development and Services −$827K (-45%); Consulting Services −$220K (-90%); Software Development Services +$200K (29×).