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Kaival Brands Innovations Group (KAVL) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Mar 13, 2026

Kaival Brands Innovations Group (KAVL) reported revenue of $93K for the first quarter fiscal 2026 (Q1 FY26), -54% from a year earlier and +0.4% from the quarter before. Operating margin was -668.0%, net loss $621K (668.0% of revenue).

Revenue$93K
Year over year-54%
Quarter over quarter+0.4%
Operating margin-668.0%
Net earnings−$621K

Kaival Brands Innovations Group, Q1 FY26: revenue $93K (-54% year over year), operating margin -668.0%, net loss $621K, operating cash flow −$752K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$93K+0.4%-54%
Operating profit−$621K——
Net earnings−$621K——
Operating cash flow−$752K——

What changed

Revenue was $93K in Q1 FY26, down 54% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $621K, an operating margin of -668.0%. The quarter ended with a net loss of $621K, narrower than the previous quarter's $10.0M loss.

Operating cash flow was −$752K. Working capital and other items used $132K.

Questions

What was Kaival Brands Innovations Group's revenue in the first quarter fiscal 2026?

Kaival Brands Innovations Group (KAVL) reported revenue of $93K for the first quarter fiscal 2026 (Q1 FY26), -54% from a year earlier and +0.4% from the quarter before.

Was Kaival Brands Innovations Group profitable in the first quarter fiscal 2026?

Operating loss was $621K (-668.0% of revenue) and net loss $621K.

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Source: Kaival Brands Innovations Group 10-Q on SEC EDGAR.