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Nocopi Technologies (NNUP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Nocopi Technologies (NNUP) reported revenue of $961K for the second quarter 2026 (Q2 2026), +167% from a year earlier and +147% from the quarter before. Operating margin was -59.1%, net loss $472K (49.1% of revenue).

Revenue$961K
Year over year+167%
Quarter over quarter+147%
Operating margin-59.1%
Net earnings−$472K

Nocopi Technologies, Q2 2026: revenue $961K (+167% year over year), operating margin -59.1%, net loss $472K, operating cash flow $324K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$961K+147%+167%
Operating profit−$568K——
Net earnings−$472K——
Operating cash flow$324K—+279%

What changed

Revenue was $1.0M in Q2 2026, up 167% year over year and up 147% from the previous quarter. Product and Other Sales was the largest line at 93% of revenue. Product and Other Sales added $675K year over year (up 307%), 112% of the total change. License declined 53%.

Gross margin was 37.2%, down 16.0 points from Q2 2025. Operating costs exceeded revenue by $568K, an operating margin of -59.1%. Operating expenses grew 154% against revenue growth of 167%. The fastest-growing cost line was General & admin (+262%). The quarter ended with a net loss of $472K, wider than the previous quarter's $62K loss. Non-operating items added $96K, -20% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $324K (up 279% year over year). Non-cash charges added back $10K of depreciation and $41K of share-based compensation. Working capital and other items added $745K.

Questions

What was Nocopi Technologies' revenue in the second quarter 2026?

Nocopi Technologies (NNUP) reported revenue of $961K for the second quarter 2026 (Q2 2026), +167% from a year earlier and +147% from the quarter before.

Was Nocopi Technologies profitable in the second quarter 2026?

Operating loss was $568K (-59.1% of revenue) and net loss $472K.

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Source: Nocopi Technologies 10-Q on SEC EDGAR.