Filing Flows › OpenWorld (OPNW) › Q1 2026
OpenWorld (OPNW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
OpenWorld (OPNW) reported revenue of $1.8M for the first quarter 2026 (Q1 2026), -60% from a year earlier and -26% from the quarter before. Operating margin was -43.3%, net loss $679K (38.3% of revenue).
OpenWorld, Q1 2026: revenue $1.8M (-60% year over year), operating margin -43.3%, net loss $679K, operating cash flow −$711K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | -26% | -60% |
| Operating profit | −$767K | — | — |
| Net earnings | −$679K | — | — |
| Operating cash flow | −$711K | -1417% | — |
What changed
Revenue was $1.8M in Q1 2026, down 60% year over year and down 26% from the previous quarter. Proactive services was the largest line at 59% of revenue. Proactive services lost $2.7M year over year (down 72%), 99% of the total change.
Gross margin was 54.2%, up 20.7 points from Q1 2025. Operating costs exceeded revenue by $767K, an operating margin of -43.3%. Operating expenses fell 17% while revenue fell 60%. The fastest-growing cost line was General & admin (+19%). The quarter ended with a net loss of $679K, narrower than the previous quarter's $687K loss.
Operating cash flow was −$711K. Non-cash charges added back $132K of depreciation and amortization. Working capital and other items used $164K.
Questions
What was OpenWorld's revenue in the first quarter 2026?
OpenWorld (OPNW) reported revenue of $1.8M for the first quarter 2026 (Q1 2026), -60% from a year earlier and -26% from the quarter before.
Was OpenWorld profitable in the first quarter 2026?
Operating loss was $767K (-43.3% of revenue) and net loss $679K.
Source: OpenWorld 10-Q on SEC EDGAR.