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OSR Health (OSRH) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 13, 2026

OSR Health (OSRH) reported revenue of $484K for the first quarter 2026 (Q1 2026), -36% from a year earlier and +27% from the quarter before. Operating margin was -757.6%, net loss $3.5M (716.3% of revenue).

Revenue$484K
Year over year-36%
Quarter over quarter+27%
Operating margin-757.6%
Net earnings−$3.5M

OSR Health, Q1 2026: revenue $484K (-36% year over year), operating margin -757.6%, net loss $3.5M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$484K+27%-36%
Operating profit−$3.7M——
Net earnings−$3.5M——
Operating cash flow−$1.0M——

What changed

Revenue was $484K in Q1 2026, down 36% year over year and up 27% from the previous quarter.

Gross margin was 33.1%, up 11.0 points from Q1 2025. Operating costs exceeded revenue by $3.7M, an operating margin of -757.6%. Operating expenses grew 24% against a revenue fall of 36%. The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $7.2M loss. Minority interests bore $536K of it: to shareholders the quarter was a loss of $2.9M.

Operating cash flow was −$1.0M. Non-cash charges added back $2.4M of depreciation and amortization.

Questions

What was OSR Health's revenue in the first quarter 2026?

OSR Health (OSRH) reported revenue of $484K for the first quarter 2026 (Q1 2026), -36% from a year earlier and +27% from the quarter before.

Was OSR Health profitable in the first quarter 2026?

Operating loss was $3.7M (-757.6% of revenue) and net loss $3.5M.

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Source: OSR Health 10-Q on SEC EDGAR.