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OneMedNet (ONMD) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

OneMedNet (ONMD) reported revenue of $96K for the first quarter 2026 (Q1 2026), -30% from a year earlier and -89% from the quarter before.

Revenue$96K
Year over year-30%
Quarter over quarter-89%
Operating margin—
Net earnings−$2.5M

OneMedNet, Q1 2026: revenue $96K (-30% year over year), net loss $2.5M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$96K-89%-30%
Operating profit−$2.6M——
Net earnings−$2.5M——
Operating cash flow−$1.5M——

What changed

Revenue was $96K in Q1 2026, down 30% year over year and down 89% from the previous quarter.

Operating costs exceeded revenue by $2.6M, an operating margin of -2658.3%. Total costs grew 12% against a revenue fall of 30%. The fastest-growing cost line was Cost of revenue (+32%). The quarter ended with a net loss of $2.5M, narrower than the previous quarter's $3.1M loss.

Operating cash flow was −$1.5M. Non-cash charges added back $11K of depreciation and amortization and $431K of share-based compensation. Working capital and other items added $469K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$1.5M.

Questions

What was OneMedNet's revenue in the first quarter 2026?

OneMedNet (ONMD) reported revenue of $96K for the first quarter 2026 (Q1 2026), -30% from a year earlier and -89% from the quarter before.

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Source: OneMedNet 10-Q on SEC EDGAR.