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MedWellAI (MWAI) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Feb 23, 2026

MedWellAI (MWAI) reported revenue of $548K for the second quarter fiscal 2026 (Q2 FY26), +284% from a year earlier and +471% from the quarter before. Operating margin was -50.0%, net loss $288K (52.5% of revenue).

Revenue$548K
Year over year+284%
Quarter over quarter+471%
Operating margin-50.0%
Net earnings−$288K

MedWellAI, Q2 FY26: revenue $548K (+284% year over year), operating margin -50.0%, net loss $288K, operating cash flow −$85K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$548K+471%+284%
Operating profit−$274K——
Net earnings−$288K——
Operating cash flow−$85K——

What changed

Revenue was $548K in Q2 FY26, up 284% year over year and up 471% from the previous quarter.

Operating costs exceeded revenue by $274K, an operating margin of -50.0%. Total costs grew 80% against revenue growth of 284%. The quarter ended with a net loss of $288K, narrower than the previous quarter's $654K loss.

Operating cash flow was −$85K. Non-cash charges added back $15K of depreciation and amortization and $49K of share-based compensation. Working capital and other items added $139K.

Questions

What was MedWellAI's revenue in the second quarter fiscal 2026?

MedWellAI (MWAI) reported revenue of $548K for the second quarter fiscal 2026 (Q2 FY26), +284% from a year earlier and +471% from the quarter before.

Was MedWellAI profitable in the second quarter fiscal 2026?

Operating loss was $274K (-50.0% of revenue) and net loss $288K.

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Source: MedWellAI 10-Q on SEC EDGAR.