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Lifeward (LFWD) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 20, 2026

Lifeward (LFWD) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), -22% from a year earlier and -23% from the quarter before. Operating margin was -263.5%, net loss $10.8M (275.1% of revenue).

Revenue$3.9M
Year over year-22%
Quarter over quarter-23%
Operating margin-263.5%
Net earnings−$10.8M

Lifeward, Q1 2026: revenue $3.9M (-22% year over year), operating margin -263.5%, net loss $10.8M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.9M-23%-22%
Operating profit−$10.3M——
Net earnings−$10.8M——
Operating cash flow−$3.7M——

What changed

Revenue was $3.9M in Q1 2026, down 22% year over year and down 23% from the previous quarter.

Gross margin was 34.2%, down 7.9 points from Q1 2025. Operating costs exceeded revenue by $10.3M, an operating margin of -263.5%. Operating expenses grew 67% against a revenue fall of 22%. The fastest-growing cost line was Research & development (+537%). The quarter ended with a net loss of $10.8M, wider than the previous quarter's $5.3M loss.

Operating cash flow was −$3.7M. Non-cash charges added back $5.0M of depreciation and amortization and $177K of share-based compensation. Working capital and other items added $1.9M.

Questions

What was Lifeward's revenue in the first quarter 2026?

Lifeward (LFWD) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), -22% from a year earlier and -23% from the quarter before.

Was Lifeward profitable in the first quarter 2026?

Operating loss was $10.3M (-263.5% of revenue) and net loss $10.8M.

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Source: Lifeward 10-Q on SEC EDGAR.