Filing Flows › Technology › Corvex (MOVE)
Corvex (MOVE) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Corvex (MOVE) Q2 2026 earnings results →
Q2 2026 Revenue up 3590% year over year to $3.8M · 336¢ of every $1 of revenue lost · operating margin -400.3%
Corvex made $3.8M in Q2 2026 (37× Y/Y). Operating margin -400.3%, net loss $12.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
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 $3.8M in Q2 2026, up 3590% year over year and up 645% from the previous quarter.
Operating costs exceeded revenue by $15.2M, an operating margin of -400.3%. Total costs grew 465% against revenue growth of 3590%. The fastest-growing cost line was General & admin (+657%). The quarter ended with a net loss of $12.8M, wider than the previous quarter's $5.0M loss.
Operating cash flow was −$5.3M. Non-cash charges added back $3.5M of depreciation and amortization and $9.4M of share-based compensation. Working capital and other items used $5.4M. Capital expenditures of $243K exceeded it, leaving free cash flow of −$5.5M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $3.8M | 37× | -400.3% | −$12.8M | −$5.3M |
| Q1 2026 | 10-Q | May 19, 2026 | $510K | +148% | -950.4% | −$5.0M | −$4.3M |
| Q4 2025 | 10-K | Mar 31, 2026 | $44K | -60% | n/m | −$5.9M | −$2.3M |
| Q3 2025 | 10-Q | Nov 14, 2025 | $80K | +60% | n/m | −$4.0M | −$1.6M |
| Q2 2025 | 10-Q | Sep 24, 2025 | $103K | — | n/m | −$3.2M | −$3.1M |
| Q1 2025 | 10-Q | Sep 24, 2025 | $206K | -76% | n/m | −$5.2M | −$4.3M |
| Q4 2024 | 10-K | Apr 9, 2025 | $111K | — | n/m | −$4.6M | −$4.6M |
Charts
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 Corvex
On March 19, 2026, we consummated and completed the Merger pursuant to the Merger Agreement, as further described below. Following the closing of the Merger, the Company will conduct its operations through two primary business divisions. Our AI cloud computing business specializes in GPU-accelerated infrastructure for AI workloads and our healthcare business consists of our wellness ring (formerly referred to as the Evie Ring) (the “Wellness Ring”), a wearable designed specifically for women that was launched in November 2023. On March 19, 2026, Corvex, Inc. (formerly known as Movano Inc.), acquired Corvex Legacy Holdings, Inc.
In its own words, from its 10-K, filed Mar 31, 2026.
Corvex against its Services-Computer Processing & Data Preparation peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: 37× against the peers' median +6%. Operating margin: -400.3% against the peers' median 11.8%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| MOVE Corvex | Q2 2026 | $3.8M | 37× | -400.3% |
| ADP Automatic Data Processing | Q1 FY27 | $5.5B | +6% | 23.9% |
| DXC DXC Technology | Q2 FY27 | $3.0B | -4% | 6.2% |
| WDAY Workday | Q2 FY27 | $2.6B | +13% | 11.8% |
| TOST Toast | Q3 2026 | $2.0B | +21% | 8.3% |
| RDDT Reddit | Q3 2026 | $895M | +53% | 29.2% |
| VRSK Verisk Analytics | Q3 2026 | $809M | +5% | 45.2% |
| RNG RingCentral | Q3 2026 | $676M | +6% | 8.0% |
| PLTK Playtika Holding | Q3 2026 | $674M | -0.1% | 17.2% |
Source: Corvex 10-Q on SEC EDGAR · CIK 1734750 · Services-Computer Processing & Data Preparation
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History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results