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Olenox Industries (OLOX) Q1 2026 earnings results (first quarter 2026)

10-Q filed Jul 31, 2026

Olenox Industries (OLOX) reported revenue of $285K for the first quarter 2026 (Q1 2026), -50% from a year earlier and -54% from the quarter before.

Revenue$285K
Year over year-50%
Quarter over quarter-54%
Operating margin—
Net earnings−$2.7M

Olenox Industries, Q1 2026: revenue $285K (-50% year over year), net loss $2.7M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$285K-54%-50%
Operating profit−$2.9M——
Net earnings−$2.7M——
Operating cash flow−$1.9M——

What changed

Revenue was $285K in Q1 2026, down 50% year over year and down 54% from the previous quarter.

Operating costs exceeded revenue by $2.9M, an operating margin of -1010.5%. Total costs grew 32% against a revenue fall of 50%. The fastest-growing cost line was Sales & marketing (+1077%). The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $6.2M loss.

Operating cash flow was −$1.9M. Non-cash charges added back $172K of depreciation and amortization and $222K of share-based compensation. Working capital and other items added $363K. Capital expenditures of $32K exceeded it, leaving free cash flow of −$1.9M.

Questions

What was Olenox Industries' revenue in the first quarter 2026?

Olenox Industries (OLOX) reported revenue of $285K for the first quarter 2026 (Q1 2026), -50% from a year earlier and -54% from the quarter before.

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Source: Olenox Industries 10-Q on SEC EDGAR.