Filing Flows › Intelligent Bio Solutions (INBS) › Q2 FY26
Intelligent Bio Solutions (INBS) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 12, 2026
Intelligent Bio Solutions (INBS) reported revenue of $897K for the second quarter fiscal 2026 (Q2 FY26), +21% from a year earlier and -19% from the quarter before. Operating margin was -293.9%, net loss $2.7M (299.6% of revenue).
Intelligent Bio Solutions, Q2 FY26: revenue $897K (+21% year over year), operating margin -293.9%, net loss $2.7M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $897K | -19% | +21% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $897K in Q2 FY26, up 21% year over year and down 19% from the previous quarter. Sales of Goods Cartidges was the largest line at 58% of revenue. Sales of Goods Cartidges added $128K year over year (up 33%), 83% of the total change.
Gross margin was 51.3%, up 21.2 points from Q2 FY25. Operating costs exceeded revenue by $2.6M, an operating margin of -293.9%. Operating expenses grew 24% against revenue growth of 21%. The fastest-growing cost line was SG&A (+29%). The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $3.0M loss. Minority interests bore $9K of it: to shareholders the quarter was a loss of $2.7M.
Operating cash flow was −$1.6M. Non-cash charges added back $327K of depreciation and amortization and $62K of share-based compensation. Working capital and other items added $730K. Capital expenditures of $68K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Intelligent Bio Solutions' revenue in the second quarter fiscal 2026?
Intelligent Bio Solutions (INBS) reported revenue of $897K for the second quarter fiscal 2026 (Q2 FY26), +21% from a year earlier and -19% from the quarter before.
Was Intelligent Bio Solutions profitable in the second quarter fiscal 2026?
Operating loss was $2.6M (-293.9% of revenue) and net loss $2.7M.