Filing Flows › Professional Diversity Network (IPDN) › Q1 2026
Professional Diversity Network (IPDN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Professional Diversity Network (IPDN) reported revenue of $1.5M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -7% from the quarter before. Operating margin was -119.7%, net loss $1.9M (119.9% of revenue).
Professional Diversity Network, Q1 2026: revenue $1.5M (+3% year over year), operating margin -119.7%, net loss $1.9M, operating cash flow −$362K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5M | -7% | +3% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$362K | -126% | — |
What changed
Revenue was $1.5M in Q1 2026, up 3% year over year and down 7% from the previous quarter. Contracted Software Development was the largest line at 54% of revenue. Contracted Software Development added $348K year over year (up 71%), 801% of the total change. Recruitment Services declined 31%.
Operating costs exceeded revenue by $1.9M, an operating margin of -119.7%. Total costs grew 54% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+2820%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $2.9M loss.
Operating cash flow was −$362K. Non-cash charges added back $1.2M of depreciation and amortization and $31K of share-based compensation. Working capital and other items added $267K.
Questions
What was Professional Diversity Network's revenue in the first quarter 2026?
Professional Diversity Network (IPDN) reported revenue of $1.5M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -7% from the quarter before.
Was Professional Diversity Network profitable in the first quarter 2026?
Operating loss was $1.9M (-119.7% of revenue) and net loss $1.9M.