Filing Flows › International Money Express (IMXI) › Q1 2026
International Money Express (IMXI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
International Money Express (IMXI) reported revenue of $122M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -17% from the quarter before. Operating margin was 3.0%, net earnings $511K (0.4% of revenue).
International Money Express, Q1 2026: revenue $122M (-16% year over year), operating margin 3.0%, net earnings $511K, operating cash flow −$37.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $122M | -17% | -15% |
| Operating profit | $3.7M | -68% | -74% |
| Net earnings | $511K | -94% | -93% |
| Operating cash flow | −$37.4M | — | -191% |
What changed
Revenue was $122.0M in Q1 2026, down 15% year over year and down 17% from the previous quarter. Wire transfer and money order fees, net was the largest line at 82% of revenue. Wire transfer and money order fees, net lost $20.4M year over year (down 17%), 91% of the total change.
Operating profit was $3.7M, a 3.0% margin (down 6.7 points year over year). Total costs fell 9% while revenue fell 15%. Net earnings were $511K, down 93% year over year. The effective tax rate was 65.1%.
Operating cash flow was −$37.4M. Non-cash charges added back $4.7M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $45.1M. Capital expenditures of $5.5M exceeded it, leaving free cash flow of −$42.9M.
Questions
What was International Money Express' revenue in the first quarter 2026?
International Money Express (IMXI) reported revenue of $122M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -17% from the quarter before.
Was International Money Express profitable in the first quarter 2026?
Operating profit was $3.7M (3.0% of revenue) and net earnings $511K.