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Matternet (MTTN) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Aug 19, 2026

Matternet (MTTN) reported revenue of $121K for the third quarter fiscal 2026 (Q3 FY26), -7% from a year earlier.

Revenue$121K
Year over year-7%
Quarter over quarter—
Operating margin—
Net earnings−$7.9M

Matternet, Q3 FY26: revenue $121K (-7% year over year), net loss $7.9M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$121K—-7%
Operating profit−$3.9M——
Net earnings−$7.9M——
Operating cash flow−$3.4M——

What changed

Revenue was $121K in Q3 FY26, down 7% year over year.

Operating costs exceeded revenue by $3.9M, an operating margin of -3204.7%. Total costs grew 95% against a revenue fall of 7%. The fastest-growing cost line was General & admin (+131%). The quarter ended with a net loss of $7.9M. Net interest and other expense of $4.0M was the main reason.

Operating cash flow was −$3.4M. Non-cash charges added back $31K of depreciation and $229K of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $66K exceeded it, leaving free cash flow of −$3.5M.

Questions

What was Matternet's revenue in the third quarter fiscal 2026?

Matternet (MTTN) reported revenue of $121K for the third quarter fiscal 2026 (Q3 FY26), -7% from a year earlier.

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Source: Matternet 10-Q on SEC EDGAR.