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Filing Flows › Nocopi Technologies (NNUP) › Q1 2026 › vs Q4 2025

Nocopi Technologies (NNUP) Q1 2026 vs Q4 2025 (quarter over quarter)

Nocopi Technologies's revenue rose $121K (+45%) from $269K in Q4 2025 to $390K in Q1 2026. The biggest changes: Productand Other Sales +$184K (+177%); Licenses Royalties and Fees −$64K (-39%).

Nocopi Technologies, Q1 2026: revenue $390K (-19% year over year), operating margin -41.4%, net loss $62K, operating cash flow −$27K. The chart draws each line against Q4 2025, the increases inside each band.

Nocopi Technologies: what changed, Q1 2026 vs Q4 2025Nocopi Technologies: what changed, Q1 2026 vs Q4 2025Productand Other Sales$184KCost of revenue$101KWorking capital & other−$98KCash used in operations$83KCosts & expenses$82KOperating costs$82KLicenses Royalties and Fees−$64KGeneral & admin−$38KNet loss−$33KOperating cash sources−$33K

Every line

LineQ1 2026Q4 2025Change%
Productand Other Sales$289K$104K$184K+177%
Licenses Royalties and Fees$101K$164K−$64K-39%
Revenue$390K$269K$121K+45%
Other income, net$99K$105K−$6K-6%
Net loss$62K$95K−$33K-34%
Costs & expenses$551K$469K$82K+17%
Operating costs$551K$469K$82K+17%
Cost of revenue$199K$98K$101K+103%
Research & development$56K$48K$8K+16%
Sales & marketing$74K$63K$12K+18%
General & admin$222K$260K−$38K-15%
Operating cash sources$62K$95K−$33K-34%
Depreciation & amortization$2K$2K$1K+41%
Share-based compensation$29K$47K−$18K-38%
Working capital & other$4K$102K−$98K-96%
Cash used in operations$27K−$56K$83K—
Net loss absorbed$62K$95K−$33K-34%

Questions

How much did Nocopi Technologies's revenue grow quarter over quarter in Q1 2026?

Nocopi Technologies's revenue rose $121K (+45%) from $269K in Q4 2025 to $390K in Q1 2026.

What drove Nocopi Technologies's revenue change in Q1 2026?

Productand Other Sales +$184K (+177%); Licenses Royalties and Fees −$64K (-39%).

Q1 2026 results → · Compare in the interactive Sankey →