Filing Flows › Comstock (LODE) › Q1 2026
Comstock (LODE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Comstock (LODE) reported revenue of $313K for the first quarter 2026 (Q1 2026), -60% from a year earlier and -16% from the quarter before.
Comstock, Q1 2026: revenue $313K (-60% year over year), net loss $9.4M, operating cash flow −$5.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $313K | -16% | -60% |
| Operating profit | −$8.9M | — | — |
| Net earnings | −$9.4M | — | — |
| Operating cash flow | −$5.8M | — | — |
What changed
Revenue was $313K in Q1 2026, down 60% year over year and down 16% from the previous quarter. Decommissioning Services was the largest line at 73% of revenue. Decommissioning Services lost $516K year over year (down 69%), 109% of the total change.
Operating costs exceeded revenue by $8.9M, an operating margin of -2853.0%. Total costs grew 18% against a revenue fall of 60%. The fastest-growing cost line was General & admin (+105%). The quarter ended with a net loss of $9.4M, narrower than the previous quarter's $13.4M loss.
Operating cash flow was −$5.8M. Non-cash charges added back $1.4M of depreciation and amortization and $322K of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $5.7M exceeded it, leaving free cash flow of −$11.5M.
Questions
What was Comstock's revenue in the first quarter 2026?
Comstock (LODE) reported revenue of $313K for the first quarter 2026 (Q1 2026), -60% from a year earlier and -16% from the quarter before.
Source: Comstock 10-Q on SEC EDGAR.