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Northern Minerals & Exploration (NMEX) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Dec 15, 2025

Northern Minerals & Exploration (NMEX) reported revenue of $5K for the first quarter fiscal 2026 (Q1 FY26) and -41% from the quarter before.

Revenue$5K
Year over year—
Quarter over quarter-41%
Operating margin—
Net earnings−$63K

Northern Minerals & Exploration, Q1 FY26: revenue $5K, net loss $63K, operating cash flow −$58K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$5K-41%—
Operating profit−$59K——
Net earnings−$63K——
Operating cash flow−$58K——

What changed

Revenue was $5K in Q1 FY26, down 41% from the previous quarter.

Gross margin was 2.2%. Operating costs exceeded revenue by $59K, an operating margin of -1173.3%. The quarter ended with a net loss of $63K, narrower than the previous quarter's $199K loss.

Operating cash flow was −$58K. Working capital and other items added $5K.

Questions

What was Northern Minerals & Exploration's revenue in the first quarter fiscal 2026?

Northern Minerals & Exploration (NMEX) reported revenue of $5K for the first quarter fiscal 2026 (Q1 FY26) and -41% from the quarter before.

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Source: Northern Minerals & Exploration 10-Q on SEC EDGAR.