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Nomadar (NOMA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Nomadar (NOMA) reported revenue of $404K for the first quarter 2026 (Q1 2026), +116% from a year earlier and +812% from the quarter before. Operating margin was -192.9%, net loss $1.6M (393.0% of revenue).

Revenue$404K
Year over year+116%
Quarter over quarter+812%
Operating margin-192.9%
Net earnings−$1.6M

Nomadar, Q1 2026: revenue $404K (+116% year over year), operating margin -192.9%, net loss $1.6M, operating cash flow −$181K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$404K+812%+116%
Operating profit−$779K——
Net earnings−$1.6M——
Operating cash flow−$181K-132%—

What changed

Revenue was $404K in Q1 2026, up 116% year over year and up 812% from the previous quarter.

Gross margin was 88.1%, up 82.5 points from a year earlier. Operating costs exceeded revenue by $779K, an operating margin of -192.9%. Operating expenses grew 282% against revenue growth of 116%. The fastest-growing cost line was General & admin (+1007%). The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.4M loss. Net interest and other expense of $808K was the main reason.

Operating cash flow was −$181K. Non-cash charges added back $108K of share-based compensation. Working capital and other items added $1.3M. Capital expenditures of $3K exceeded it, leaving free cash flow of −$184K.

Questions

What was Nomadar's revenue in the first quarter 2026?

Nomadar (NOMA) reported revenue of $404K for the first quarter 2026 (Q1 2026), +116% from a year earlier and +812% from the quarter before.

Was Nomadar profitable in the first quarter 2026?

Operating loss was $779K (-192.9% of revenue) and net loss $1.6M.

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Source: Nomadar 10-Q on SEC EDGAR.