Filing Flows

Filing Flows › MDWerks (MDWK) › Q1 2026 › vs Q4 2025

MDWerks (MDWK) Q1 2026 vs Q4 2025 (quarter over quarter)

MDWerks's revenue fell $66K (-13%) from $500K in Q4 2025 to $434K in Q1 2026. The biggest changes: Two Trees Distilling −$54K (-15%); RF Specialties −$12K (-9%).

MDWerks, Q1 2026: revenue $434K (-16% year over year), operating margin -193.0%, net loss $847K, operating cash flow −$464K. The chart draws each line against Q4 2025, the increases inside each band.

MDWerks: what changed, Q1 2026 vs Q4 2025MDWerks: what changed, Q1 2026 vs Q4 2025SG&A$285KCost of revenue−$249KCash used in operations$84KOther operating costs−$66KTwo Trees Distilling−$54KWorking capital & other−$36KNet loss$34KOperating cash sources$34KNet loss absorbed$34KCosts & expenses−$32K

Every line

LineQ1 2026Q4 2025Change%
Two Trees Distilling$314K$368K−$54K-15%
RF Specialties$120K$132K−$12K-9%
Revenue$434K$500K−$66K-13%
Net loss$847K$813K$34K+4%
Costs & expenses$1.3M$1.3M−$32K-2%
Operating costs$1.3M$1.3M−$30K-2%
Interest & other, net$9K$11K−$2K-20%
Cost of revenue$570K$820K−$249K-30%
SG&A$488K$203K$285K+141%
Other operating costs$214K$279K−$66K-24%
Operating cash sources$847K$813K$34K+4%
Depreciation & amortization$68K$84K−$16K-19%
Share-based compensation$45K$43K$2K+4%
Working capital & other$270K$307K−$36K-12%
Cash used in operations$464K$380K$84K+22%
Net loss absorbed$847K$813K$34K+4%

Questions

How much did MDWerks's revenue grow quarter over quarter in Q1 2026?

MDWerks's revenue fell $66K (-13%) from $500K in Q4 2025 to $434K in Q1 2026.

What drove MDWerks's revenue change in Q1 2026?

Two Trees Distilling −$54K (-15%); RF Specialties −$12K (-9%).

Q1 2026 results → · Compare in the interactive Sankey →