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MedWellAI (MWAI) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed May 5, 2026

MedWellAI (MWAI) reported revenue of $619K for the third quarter fiscal 2026 (Q3 FY26), +120% from a year earlier and +13% from the quarter before. Operating margin was -36.8%, net loss $241K (38.9% of revenue).

Revenue$619K
Year over year+120%
Quarter over quarter+13%
Operating margin-36.8%
Net earnings−$241K

MedWellAI, Q3 FY26: revenue $619K (+120% year over year), operating margin -36.8%, net loss $241K, operating cash flow −$7K. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$619K+13%+120%
Operating profit−$228K——
Net earnings−$241K——
Operating cash flow−$7K——

What changed

Revenue was $619K in Q3 FY26, up 120% year over year and up 13% from the previous quarter.

Operating costs exceeded revenue by $228K, an operating margin of -36.8%. Total costs fell 23% while revenue rose 120%. The quarter ended with a net loss of $241K, narrower than the previous quarter's $288K loss.

Operating cash flow was −$7K. Non-cash charges added back $15K of depreciation and amortization and $8K of share-based compensation. Working capital and other items added $210K.

Questions

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

MedWellAI (MWAI) reported revenue of $619K for the third quarter fiscal 2026 (Q3 FY26), +120% from a year earlier and +13% from the quarter before.

Was MedWellAI profitable in the third quarter fiscal 2026?

Operating loss was $228K (-36.8% of revenue) and net loss $241K.

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Source: MedWellAI 10-Q on SEC EDGAR.