Filing Flows › Odysight.ai (ODYS) › Q1 2026
Odysight.ai (ODYS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Odysight.ai (ODYS) reported revenue of $82K for the first quarter 2026 (Q1 2026), -96% from a year earlier and -81% from the quarter before.
Odysight.ai, Q1 2026: revenue $82K (-96% year over year), net loss $5.2M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $82K | -81% | -96% |
| Operating profit | −$5.3M | — | — |
| Net earnings | −$5.2M | — | — |
| Operating cash flow | −$4.3M | — | — |
What changed
Revenue was $82K in Q1 2026, down 96% year over year and down 81% from the previous quarter.
Gross margin was 25.6%, down 0.4 points from Q1 2025. Operating costs exceeded revenue by $5.3M, an operating margin of -6509.8%. Operating expenses grew 5% against a revenue fall of 96%. The fastest-growing cost line was Sales & marketing (+143%). The quarter ended with a net loss of $5.2M, wider than the previous quarter's $4.3M loss.
Operating cash flow was −$4.3M. Non-cash charges added back $27K of depreciation and $886K of share-based compensation. Capital expenditures of $6K exceeded it, leaving free cash flow of −$4.3M.
Questions
What was Odysight.ai's revenue in the first quarter 2026?
Odysight.ai (ODYS) reported revenue of $82K for the first quarter 2026 (Q1 2026), -96% from a year earlier and -81% from the quarter before.
Source: Odysight.ai 10-Q on SEC EDGAR.