Filing Flows › Octave Intelligence (OCTV) › Q1 2026
Octave Intelligence (OCTV) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 4, 2026
Octave Intelligence (OCTV) reported revenue of $387M for the first quarter 2026 (Q1 2026), +1% from a year earlier. Operating margin was 16.5%, net earnings $47.4M (12.3% of revenue).
Octave Intelligence, Q1 2026: revenue $387M (+1% year over year), operating margin 16.5%, net earnings $47.4M, operating cash flow $115M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $387M | — | +1% |
| Gross profit | $298M | — | +5% |
| Operating profit | $63.6M | — | -14% |
| Net earnings | $47.4M | — | -20% |
| Operating cash flow | $115M | — | -8% |
| Free cash flow | $113M | — | -9% |
What changed
Revenue was $386.5M in Q1 2026, up 1% year over year. Maintenance subscription was the largest line at 32% of revenue. SaaS added $16.8M year over year (up 25%), 455% of the total change. Licenses declined 18%.
Gross margin was 77.0%, up 3.0 points from a year earlier. Operating profit was $63.6M, a 16.5% margin (down 2.8 points year over year). Operating profit fell $10.3M even though revenue rose $3.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 12% against revenue growth of 1%. The fastest-growing cost line was General & admin (+17%). Net earnings were $47.4M, down 20% year over year. The effective tax rate was 25.9%.
Operating cash flow was $115.4M (down 8% year over year), 244% of net earnings. Non-cash charges added back $46.0M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items added $18.6M. Capital expenditures of $2.4M left free cash flow of $113.1M.
Questions
What was Octave Intelligence's revenue in the first quarter 2026?
Octave Intelligence (OCTV) reported revenue of $387M for the first quarter 2026 (Q1 2026), +1% from a year earlier.
Was Octave Intelligence profitable in the first quarter 2026?
Operating profit was $63.6M (16.5% of revenue) and net earnings $47.4M.