Filing Flows › Orasure Technologies (OSUR) › Q1 2026
Orasure Technologies (OSUR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Orasure Technologies (OSUR) reported revenue of $27.9M for the first quarter 2026 (Q1 2026), -7% from a year earlier and +4% from the quarter before. Operating margin was -83.3%, net loss $22.4M (80.1% of revenue).
Orasure Technologies, Q1 2026: revenue $27.9M (-7% year over year), operating margin -83.3%, net loss $22.4M, operating cash flow −$13.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.9M | +4% | -7% |
| Operating profit | −$23.3M | — | — |
| Net earnings | −$22.4M | — | — |
| Operating cash flow | −$13.9M | — | — |
What changed
Revenue was $27.9M in Q1 2026, down 7% year over year and up 4% from the previous quarter. Products and services was the largest line at 94% of revenue. Products and services lost $2.6M year over year (down 9%), 131% of the total change.
Gross margin was 42.3%, up 1.2 points from Q1 2025. Operating costs exceeded revenue by $23.3M, an operating margin of -83.3%. Operating expenses grew 17% against a revenue fall of 7%. The quarter ended with a net loss of $22.4M, wider than the previous quarter's $19.3M loss.
Operating cash flow was −$13.9M. Non-cash charges added back $2.3M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $913K exceeded it, leaving free cash flow of −$14.8M.
Questions
What was Orasure Technologies' revenue in the first quarter 2026?
Orasure Technologies (OSUR) reported revenue of $27.9M for the first quarter 2026 (Q1 2026), -7% from a year earlier and +4% from the quarter before.
Was Orasure Technologies profitable in the first quarter 2026?
Operating loss was $23.3M (-83.3% of revenue) and net loss $22.4M.