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MedWellAI (MWAI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 14, 2025
MedWellAI (MWAI) reported revenue of $96K for the first quarter fiscal 2026 (Q1 FY26), up 84-fold from a year earlier and -43% from the quarter before. Operating margin was -339.3%, net loss $654K (680.2% of revenue).
MedWellAI, Q1 FY26: revenue $96K (84× year over year), operating margin -339.3%, net loss $654K, operating cash flow −$171K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $96K | -43% | 84× |
| Operating profit | −$326K | -619% | — |
| Net earnings | −$654K | — | — |
| Operating cash flow | −$171K | — | — |
What changed
Revenue was $96K in Q1 FY26, up 8271% year over year and down 43% from the previous quarter.
Operating costs exceeded revenue by $326K, an operating margin of -339.3%. Total costs fell 28% while revenue rose 8271%. The fastest-growing cost line was General & admin (+18%). The quarter ended with a net loss of $654K, narrower than the previous quarter's $1.2M loss. Minority interests bore $2K of it: to shareholders the quarter was a loss of $652K. Net interest and other expense of $328K was the main reason.
Operating cash flow was −$171K. Non-cash charges added back $14K of depreciation and amortization and $49K of share-based compensation. Working capital and other items added $419K.
Questions
What was MedWellAI's revenue in the first quarter fiscal 2026?
MedWellAI (MWAI) reported revenue of $96K for the first quarter fiscal 2026 (Q1 FY26), up 84-fold from a year earlier and -43% from the quarter before.
Was MedWellAI profitable in the first quarter fiscal 2026?
Operating loss was $326K (-339.3% of revenue) and net loss $654K.
Source: MedWellAI 10-Q on SEC EDGAR.