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Olenox Industries (OLOX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 19, 2026

Olenox Industries (OLOX) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +194% from a year earlier and +642% from the quarter before. Operating margin was -138.7%, net loss $3.2M (153.1% of revenue).

Revenue$2.1M
Year over year+194%
Quarter over quarter+642%
Operating margin-138.7%
Net earnings−$3.2M

Olenox Industries, Q2 2026: revenue $2.1M (+194% year over year), operating margin -138.7%, net loss $3.2M, operating cash flow $797K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.1M+642%+194%
Operating profit−$2.9M——
Net earnings−$3.2M——
Operating cash flow$797K——
Free cash flow$666K——

What changed

Revenue was $2.1M in Q2 2026, up 194% year over year and up 642% from the previous quarter.

Gross margin was 11.7%. Operating costs exceeded revenue by $2.9M, an operating margin of -138.7%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $3.2M, wider than the previous quarter's $2.7M loss.

Operating cash flow was $797K. Non-cash charges added back $1.9M of depreciation and amortization and $418K of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $132K left free cash flow of $666K.

Questions

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

Olenox Industries (OLOX) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +194% from a year earlier and +642% from the quarter before.

Was Olenox Industries profitable in the second quarter 2026?

Operating loss was $2.9M (-138.7% of revenue) and net loss $3.2M.

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Source: Olenox Industries 10-Q on SEC EDGAR.