Filing Flows › Marvion (MVNC) › Q1 2026
Marvion (MVNC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Marvion (MVNC) reported revenue of $804K for the first quarter 2026 (Q1 2026), +25% from a year earlier and -19% from the quarter before. Operating margin was 14.9%, net earnings $78K (9.7% of revenue).
Marvion, Q1 2026: revenue $804K (+25% year over year), operating margin 14.9%, net earnings $78K, operating cash flow $374K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $804K | -19% | +25% |
| Gross profit | $473K | -7% | +47% |
| Operating profit | $120K | +102% | +93% |
| Net earnings | $78K | -66% | 11× |
| Operating cash flow | $374K | +9% | +112% |
| Free cash flow | $373K | +38% | — |
What changed
Revenue was $804K in Q1 2026, up 25% year over year and down 19% from the previous quarter.
Gross margin was 58.9%, up 8.6 points from Q1 2025. Operating profit was $120K, a 14.9% margin (up 5.2 points year over year). Of the extra revenue versus Q1 2025, 35% reached operating profit, above the 10% margin then. Operating expenses grew 36% against revenue growth of 25%. Net earnings were $78K, up 1012% year over year. The effective tax rate was 8.9%.
Operating cash flow was $374K (up 112% year over year), 482% of net earnings. Non-cash charges added back $68K of depreciation. Working capital and other items added $229K. Capital expenditures of $1K left free cash flow of $373K.
Questions
What was Marvion's revenue in the first quarter 2026?
Marvion (MVNC) reported revenue of $804K for the first quarter 2026 (Q1 2026), +25% from a year earlier and -19% from the quarter before.
Was Marvion profitable in the first quarter 2026?
Operating profit was $120K (14.9% of revenue) and net earnings $78K.
Source: Marvion 10-Q on SEC EDGAR.