Filing Flows › Marblegate Capital (MGTE) › Q2 2026
Marblegate Capital (MGTE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Marblegate Capital (MGTE) reported revenue of $16.7M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +18% from the quarter before. Operating margin was -25.8%, net loss $4.8M (28.7% of revenue).
Marblegate Capital, Q2 2026: revenue $16.7M (-6% year over year), operating margin -25.8%, net loss $4.8M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.7M | +18% | -6% |
| Operating profit | −$4.3M | — | -221% |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $16.7M in Q2 2026, down 6% year over year and up 18% from the previous quarter.
Operating costs exceeded revenue by $4.3M, an operating margin of -25.8%. Total costs grew 48% against a revenue fall of 6%. The fastest-growing cost line was Other operating costs (+64%). The quarter ended with a net loss of $4.8M, wider than the previous quarter's $1.5M loss. Minority interests bore $512K of it: to shareholders the quarter was a loss of $4.3M.
Operating cash flow was −$5.2M. Non-cash charges added back $2.3M of depreciation. Working capital and other items used $2.7M. Capital expenditures of $42K exceeded it, leaving free cash flow of −$5.2M.
Questions
What was Marblegate Capital's revenue in the second quarter 2026?
Marblegate Capital (MGTE) reported revenue of $16.7M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +18% from the quarter before.
Was Marblegate Capital profitable in the second quarter 2026?
Operating loss was $4.3M (-25.8% of revenue) and net loss $4.8M.
Source: Marblegate Capital 10-Q on SEC EDGAR.