Filing Flows › Marvion (MVNC) › Q1 2026 › vs Q4 2025
Marvion (MVNC) Q1 2026 vs Q4 2025 (quarter over quarter)
Marvion's revenue fell $189K (-19%) from $992K in Q4 2025 to $804K in Q1 2026. Gross margin 58.9% against 51.5% (+7.4 pts).
Marvion, Q1 2026: revenue $804K (+25% year over year), operating margin 14.9%, net earnings $78K, operating cash flow $374K. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 58.9% | 51.5% | +7.4 pts |
| Operating margin | 14.9% | 6.0% | +8.9 pts |
| Net margin | 9.7% | 22.7% | -13.0 pts |
| Free cash flow margin | 46.4% | 27.3% | +19.2 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $804K | $992K | −$189K | -19% |
| Gross profit | $473K | $511K | −$38K | -7% |
| Cost of revenue | $331K | $481K | −$151K | -31% |
| Operating profit | $120K | $59K | $60K | +102% |
| Operating expenses | $353K | $451K | −$98K | -22% |
| Pre-tax earnings | $85K | $191K | −$106K | -55% |
| Other expense, net | $35K | −$131K | $166K | — |
| Net earnings | $78K | $225K | −$148K | -66% |
| Income tax | $8K | −$34K | $42K | — |
| Depreciation | $68K | $67K | $2K | +2% |
| Working capital & other | $229K | $50K | $178K | +356% |
| Operating cash flow | $374K | $342K | $32K | +9% |
| Free cash flow (OCF − capex) | $373K | $271K | $103K | +38% |
| Capital expenditures | $1K | $71K | −$70K | -99% |
Questions
How much did Marvion's revenue grow quarter over quarter in Q1 2026?
Marvion's revenue fell $189K (-19%) from $992K in Q4 2025 to $804K in Q1 2026. Gross margin 58.9% against 51.5% (+7.4 pts).