Filing Flows

Filing Flows › iSpecimen (ISPC) › Q1 2026 › vs Q4 2025

iSpecimen (ISPC) Q1 2026 vs Q4 2025 (quarter over quarter)

iSpecimen's revenue rose $104K (+201%) from $52K in Q4 2025 to $156K in Q1 2026.

iSpecimen, Q1 2026: revenue $156K (-85% year over year), net loss $2.3M, operating cash flow −$3.4M. The chart draws each line against Q4 2025, the increases inside each band.

iSpecimen: what changed, Q1 2026 vs Q4 2025iSpecimen: what changed, Q1 2026 vs Q4 2025Working capital & other$4.9MNet loss−$2.7MNet loss absorbed−$2.7MOther income, net$2.6MCash used in operations$2.4MCosts & expenses−$2.4MOperating cash sources$2.2MSales & marketing$993KCost of revenue−$467KOther operating costs−$351K

Every line

LineQ1 2026Q4 2025Change%
Revenue$156K$52K$104K+201%
Other income, net$263K−$2.3M$2.6M—
Net loss$2.3M$5.0M−$2.7M-55%
Costs & expenses$2.7M$5.1M−$2.4M-47%
Operating costs$2.7M$2.7M−$45K-2%
Cost of revenue$84K$551K−$467K-85%
Sales & marketing$1.5M$549K$993K+181%
General & admin$680K$901K−$221K-24%
Other operating costs$387K$738K−$351K-48%
Operating cash sources$3.5M$1.3M$2.2M+164%
Depreciation & amortization$136K$408K−$272K-67%
Share-based compensation$1K$2K−$1K-42%
Cash used in operations$3.4M$917K$2.4M+267%
Net loss absorbed$2.3M$5.0M−$2.7M-55%
Working capital & other$1.2M−$3.7M$4.9M—

Questions

How much did iSpecimen's revenue grow quarter over quarter in Q1 2026?

iSpecimen's revenue rose $104K (+201%) from $52K in Q4 2025 to $156K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →