Filing Flows › Nixxy (NIXX) › Q1 2026
Nixxy (NIXX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Nixxy (NIXX) reported revenue of $29.1M for the first quarter 2026 (Q1 2026), up 23-fold from a year earlier and -43% from the quarter before. Operating margin was -4.2%, net earnings $537K (1.8% of revenue).
Nixxy, Q1 2026: revenue $29.1M (23× year over year), operating margin -4.2%, net earnings $537K, operating cash flow −$385K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.1M | -43% | 23× |
| Operating profit | −$1.2M | — | — |
| Net earnings | $537K | — | — |
| Operating cash flow | −$385K | — | — |
What changed
Revenue was $29.1M in Q1 2026, up 2205% year over year and down 43% from the previous quarter.
Operating costs exceeded revenue by $1.2M, an operating margin of -4.2%. Total costs grew 496% against revenue growth of 2205%. The fastest-growing cost line was Other operating costs (+1991%). Net earnings were $537K. The effective tax rate was 0.0%. Non-operating items added $1.8M, 328% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$385K. Non-cash charges added back $710K of depreciation and amortization and $83K of share-based compensation. Working capital and other items used $1.7M.
Questions
What was Nixxy's revenue in the first quarter 2026?
Nixxy (NIXX) reported revenue of $29.1M for the first quarter 2026 (Q1 2026), up 23-fold from a year earlier and -43% from the quarter before.
Was Nixxy profitable in the first quarter 2026?
Operating loss was $1.2M (-4.2% of revenue) and net earnings $537K.
Source: Nixxy 10-Q on SEC EDGAR.