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Mentor Capital (MNTR) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 13, 2026 · Mentor Capital (MNTR) Q2 2026 earnings results →

Q2 2026 Revenue down 12% year over year to $66K · 308¢ of every $1 of revenue lost · operating margin -201.0%

Mentor Capital made $66K in Q2 2026 (-12% Y/Y). Operating margin -201.0%, net loss $202K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$66K
Year over year-12%
Operating margin-201.0%
Net earnings−$202K
Operating cash flow−$157K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $66K in Q2 2026, down 13% year over year and up 53% from the previous quarter.

Gross margin was 100.0%, unchanged from Q2 2025. Operating costs exceeded revenue by $132K, an operating margin of -201.0%. Operating expenses fell 2% while revenue fell 13%. The quarter ended with a net loss of $202K, wider than the previous quarter's $173K loss.

Operating cash flow was −$157K. Non-cash charges added back $1K of depreciation and amortization. Working capital and other items added $43K.

Quarterly history

Mentor Capital revenue by quarterMentor Capital revenue by quarter$2KQ1 2025$75KQ2 2025$40KQ3 2025$49KQ4 2025$43KQ1 2026$66KQ2 2026
Mentor Capital net earnings by quarterMentor Capital net earnings by quarter−$212KQ1 2025−$217KQ2 2025$3KQ3 2025−$505KQ4 2025−$173KQ1 2026−$202KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 13, 2026$66K-12%-201.0%−$202K−$157K
Q1 202610-QMay 14, 2026$43K21×-608.8%−$173K−$130K
Q4 202510-KApr 15, 2026$49K—-294.1%−$505K−$99K
Q3 202510-QNov 12, 2025$40K—-397.4%$3K−$60K
Q2 202510-QAug 13, 2025$75K—-169.0%−$217K−$190K
Q1 202510-QMay 14, 2025$2K—n/m−$212K−$149K

Charts

Mentor Capital: revenue growth, year over year and quarter over quarterMentor Capital: revenue growth, year over year and quarter over quarterY/YQ/Q+400%Q2 2025-46%Q3 2025+22%Q4 2025+400%-13%Q1 2026-12%+53%Q2 2026
Latest (Q2 2026): Y/Y -12%, Q/Q +53%.
Mentor Capital: where the cash came from (+) and went (−), TTM to Q2 2026Mentor Capital: where the cash came from (+) and went (−), TTM to Q2 2026Cash drawn (+) / kept (−)$666KOperating cash flow−$446KOther investing−$219KNot reconciled−$1
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Mentor Capital: profit against cash, quarter by quarterMentor Capital: profit against cash, quarter by quarterNet incomeOperating cash flow−$157K−$103KQ3 2024−$53K−$52KQ4 2024−$212K−$149KQ1 2025−$234K−$190KQ2 2025$3K−$60KQ3 2025−$505K−$99KQ4 2025−$173K−$130KQ1 2026−$202K−$157KQ2 2026
Latest (Q2 2026): Net income −$202K, Operating cash flow −$157K.
Mentor Capital: diluted shares by fiscal yearMentor Capital: diluted shares by fiscal year0MFY20200MFY202123MFY202226MFY202323MFY202422MFY2025
+24696.1% since FY2020: more shares outstanding (issuance, stock pay).

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Mentor Capital

Mentor Capital, Inc. (“Mentor” or “the Company”), which reincorporated under the laws of the State of Delaware in September 2015, was founded as an investment partnership in Silicon Valley, California by the current CEO in 1985. The Company was originally incorporated under the laws of the State of California in 1994 as Main Street Athletic Clubs, Inc. and operated a small chain of athletic clubs, a trucking company, and food companies, among other things. On September 12, 1996, our Offering Statement was qualified pursuant to Regulation A under Section 3(b) of the Securities Act of 1933 and on March 12, 1997 we began to trade publicly. In 1997, the Company changed its name to Main Street AC, Inc. and merged with a group of approximately fifteen oil and gas partnerships which proved to be unsuccessful.

In its own words, from its 10-K, filed Apr 15, 2026.

Mentor Capital against its Investors, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -12% against the peers' median +11%. Operating margin: -201.0% against the peers' median -59.8%.

CompanyQuarterRevenueY/YOp. margin
MNTR Mentor CapitalQ2 2026$66K-12%-201.0%
HASI HA Sustainable Infrastructure CapitalQ3 2026$114M+11%166.5%
CIM Opportunity Zone Fund, L.P.Q2 2026$42.5M+63%-59.8%

Source: Mentor Capital 10-Q on SEC EDGAR · CIK 1599117 · Investors, NEC

More on MNTR

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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