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Filing Flows › Milestone Scientific (MLSS) › Q1 2026 › vs Q4 2025

Milestone Scientific (MLSS) Q1 2026 vs Q4 2025 (quarter over quarter)

Milestone Scientific's revenue rose $104K (+5%) from $2.1M in Q4 2025 to $2.2M in Q1 2026.

Milestone Scientific, Q1 2026: revenue $2.2M (-3% year over year), operating margin -38.3%, net loss $840K, operating cash flow $87K. The chart draws each line against Q4 2025, the increases inside each band.

Milestone Scientific: what changed, Q1 2026 vs Q4 2025Milestone Scientific: what changed, Q1 2026 vs Q4 2025Free cash flow (OCF − capex)$314KOperating cash flow$313KNet loss−$251KNet loss absorbed−$251KSG&A−$177KShare-based compensation$158KOperating costs−$148KCosts & expenses−$147KWorking capital & other−$96KOperating cash sources$62K

Margins

Q1 2026Q4 2025Change
Free cash flow margin3.9%-11.1%+15.1 pts

Every line

LineQ1 2026Q4 2025Change%
Revenue$2.2M$2.1M$104K+5%
Net loss$840K$1.1M−$251K-23%
Costs & expenses$3.0M$3.1M−$147K-5%
Operating costs$3.0M$3.1M−$148K-5%
Interest & other, net$12K$11K$1K+8%
Cost of revenue$598K$556K$42K+7%
SG&A$2.4M$2.5M−$177K-7%
Other operating costs$19K$19K$299+2%
Operating cash sources$927K$864K$62K+7%
Depreciation & amortization$19K$19K$299+2%
Share-based compensation$257K$99K$158K+159%
Working capital & other$651K$746K−$96K-13%
Net loss absorbed$840K$1.1M−$251K-23%
Operating cash flow$87K−$226K$313K—
Free cash flow (OCF − capex)$85K−$229K$314K—
Capital expenditures$2K$3K−$1K-48%

Questions

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

Milestone Scientific's revenue rose $104K (+5%) from $2.1M in Q4 2025 to $2.2M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →