Filing Flows › LogicMark (LGMK) › Q1 2026
LogicMark (LGMK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
LogicMark (LGMK) reported revenue of $3.2M for the first quarter 2026 (Q1 2026), +24% from a year earlier and +5% from the quarter before. Operating margin was -46.8%, net loss $1.5M (45.2% of revenue).
LogicMark, Q1 2026: revenue $3.2M (+24% year over year), operating margin -46.8%, net loss $1.5M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2M | +5% | +24% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $3.2M in Q1 2026, up 24% year over year and up 5% from the previous quarter. Product was the largest line at 92% of revenue. Product added $448K year over year (up 18%), 72% of the total change.
Gross margin was 69.6%, up 6.1 points from Q1 2025. Operating costs exceeded revenue by $1.5M, an operating margin of -46.8%. Operating expenses fell 7% while revenue rose 24%. The fastest-growing cost line was Other operating costs (+77%). The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $1.6M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $612K of depreciation and amortization and $80K of share-based compensation. Working capital and other items used $888K. Capital expenditures of $27K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was LogicMark's revenue in the first quarter 2026?
LogicMark (LGMK) reported revenue of $3.2M for the first quarter 2026 (Q1 2026), +24% from a year earlier and +5% from the quarter before.
Was LogicMark profitable in the first quarter 2026?
Operating loss was $1.5M (-46.8% of revenue) and net loss $1.5M.
Source: LogicMark 10-Q on SEC EDGAR.