Filing Flows › Nakamoto (NAKA) › Q1 2026
Nakamoto (NAKA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Nakamoto (NAKA) reported revenue of $2.7M for the first quarter 2026 (Q1 2026), +362% from a year earlier and +502% from the quarter before.
Nakamoto, Q1 2026: revenue $2.7M (+362% year over year), net loss $239M, operating cash flow −$23.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | +502% | +362% |
| Operating profit | −$126M | — | — |
| Net earnings | −$239M | -741% | — |
| Operating cash flow | −$23.3M | — | — |
What changed
Revenue was $2.7M in Q1 2026, up 362% year over year and up 502% from the previous quarter.
Operating costs exceeded revenue by $126.2M, an operating margin of -4711.4%. Total costs grew 7844% against revenue growth of 362%. The fastest-growing cost line was Other operating costs (+11472%). The quarter ended with a net loss of $238.8M, after a profit of $37.3M the previous quarter.
Operating cash flow was −$23.3M. Non-cash charges added back $1.1M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $212.8M.
Questions
What was Nakamoto's revenue in the first quarter 2026?
Nakamoto (NAKA) reported revenue of $2.7M for the first quarter 2026 (Q1 2026), +362% from a year earlier and +502% from the quarter before.
Source: Nakamoto 10-Q on SEC EDGAR.