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Limitless X Holdings (LIMX) Q1 2026 earnings results (first quarter 2026)

10-Q filed Jun 26, 2026

Limitless X Holdings (LIMX) reported revenue of $78K for the first quarter 2026 (Q1 2026), -69% from a year earlier and -46% from the quarter before.

Revenue$78K
Year over year-69%
Quarter over quarter-46%
Operating margin—
Net earnings−$28.9M

Limitless X Holdings, Q1 2026: revenue $78K (-69% year over year), net loss $28.9M, operating cash flow −$661K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$78K-46%-69%
Operating profit−$1.2M——
Net earnings−$28.9M——
Operating cash flow−$661K——

What changed

Revenue was $78K in Q1 2026, down 69% year over year and down 46% from the previous quarter.

Gross margin was 97.6%, up 44.1 points from Q1 2025. Operating costs exceeded revenue by $1.2M, an operating margin of -1486.9%. Operating expenses fell 72% while revenue fell 69%. The fastest-growing cost line was General & admin (+123%). The quarter ended with a net loss of $28.9M, wider than the previous quarter's $3.8M loss. Minority interests bore $30K of it: to shareholders the quarter was a loss of $28.9M. Net interest and other expense of $27.7M was the main reason.

Operating cash flow was −$661K. Non-cash charges added back $1K of depreciation and amortization. Working capital and other items added $28.2M. Capital expenditures of $89K exceeded it, leaving free cash flow of −$750K.

Questions

What was Limitless X Holdings' revenue in the first quarter 2026?

Limitless X Holdings (LIMX) reported revenue of $78K for the first quarter 2026 (Q1 2026), -69% from a year earlier and -46% from the quarter before.

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Source: Limitless X Holdings 10-Q on SEC EDGAR.