Filing Flows › Marygold Companies (MGLD) › Q1 FY26
Marygold Companies (MGLD) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 7, 2025
Marygold Companies (MGLD) reported revenue of $7.0M for the first quarter fiscal 2026 (Q1 FY26), -12% from a year earlier and -3% from the quarter before. Operating margin was -18.2%, net loss $356K (5.1% of revenue).
Marygold Companies, Q1 FY26: revenue $7.0M (-12% year over year), operating margin -18.2%, net loss $356K, operating cash flow −$533K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | -3% | -12% |
| Operating profit | −$1.3M | — | — |
| Net earnings | −$356K | — | — |
| Operating cash flow | −$533K | — | — |
What changed
Revenue was $7.0M in Q1 FY26, down 12% year over year and down 3% from the previous quarter. Fund Management Related Party was the largest line at 62% of revenue. Fund Management Related Party lost $262K year over year (down 6%), 28% of the total change.
Gross margin was 77.0%, up 3.9 points from a year earlier. Operating costs exceeded revenue by $1.3M, an operating margin of -18.2%. Operating expenses fell 17% while revenue fell 12%. The quarter ended with a net loss of $356K, narrower than the previous quarter's $1.5M loss. Non-operating items added $755K, -148% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$533K. Non-cash charges added back $94K of depreciation and amortization and $67K of share-based compensation. Working capital and other items used $338K. Capital expenditures of $29K exceeded it, leaving free cash flow of −$562K.
Questions
What was Marygold Companies' revenue in the first quarter fiscal 2026?
Marygold Companies (MGLD) reported revenue of $7.0M for the first quarter fiscal 2026 (Q1 FY26), -12% from a year earlier and -3% from the quarter before.
Was Marygold Companies profitable in the first quarter fiscal 2026?
Operating loss was $1.3M (-18.2% of revenue) and net loss $356K.
Source: Marygold Companies 10-Q on SEC EDGAR.