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Nuvve Holding (NVVE) Q1 2026 earnings results (first quarter 2026)

10-Q filed Jul 15, 2026

Nuvve Holding (NVVE) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), +49% from a year earlier and -29% from the quarter before. Operating margin was -419.5%, net loss $5.6M (402.2% of revenue).

Revenue$1.4M
Year over year+49%
Quarter over quarter-29%
Operating margin-419.5%
Net earnings−$5.6M

Nuvve Holding, Q1 2026: revenue $1.4M (+49% year over year), operating margin -419.5%, net loss $5.6M, operating cash flow −$6.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.4M-29%+49%
Operating profit−$5.8M——
Net earnings−$5.6M——
Operating cash flow−$6.0M——

What changed

Revenue was $1.4M in Q1 2026, up 49% year over year and down 29% from the previous quarter. Engineering Services was the largest line at 50% of revenue. Engineering Services added $475K year over year (up 216%), 104% of the total change. Grid services declined 78%.

Operating costs exceeded revenue by $5.8M, an operating margin of -419.5%. Total costs grew 11% against revenue growth of 49%. The fastest-growing cost line was Research & development (+82%). The quarter ended with a net loss of $5.6M, narrower than the previous quarter's $6.3M loss. Minority interests bore $433K of it: to shareholders the quarter was a loss of $5.2M.

Operating cash flow was −$6.0M. Non-cash charges added back $113K of depreciation and amortization and $2K of share-based compensation. Working capital and other items used $512K.

Questions

What was Nuvve Holding's revenue in the first quarter 2026?

Nuvve Holding (NVVE) reported revenue of $1.4M for the first quarter 2026 (Q1 2026), +49% from a year earlier and -29% from the quarter before.

Was Nuvve Holding profitable in the first quarter 2026?

Operating loss was $5.8M (-419.5% of revenue) and net loss $5.6M.

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Source: Nuvve Holding 10-Q on SEC EDGAR.