Filing Flows › Presurance Holdings (PRHI) › Q1 2026
Presurance Holdings (PRHI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
Presurance Holdings (PRHI) reported revenue of $11.5M for the first quarter 2026 (Q1 2026), -27% from a year earlier and +150% from the quarter before. Operating margin was -9.2%, net earnings $2.6M (22.7% of revenue).
Presurance Holdings, Q1 2026: revenue $11.5M (-27% year over year), operating margin -9.2%, net earnings $2.6M, operating cash flow −$8.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.5M | +150% | -27% |
| Operating profit | −$1.1M | — | — |
| Net earnings | $2.6M | — | +402% |
| Operating cash flow | −$8.3M | — | — |
What changed
Revenue was $11.5M in Q1 2026, down 27% year over year and up 150% from the previous quarter.
Operating costs exceeded revenue by $1.1M, an operating margin of -9.2%. Total costs fell 38% while revenue fell 27%. Net earnings were $2.6M, up 402% year over year. The effective tax rate was -1.5%. Non-operating items added $3.6M, 141% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$8.3M. Non-cash charges added back $13K of share-based compensation. Working capital and other items used $10.9M.
Questions
What was Presurance Holdings' revenue in the first quarter 2026?
Presurance Holdings (PRHI) reported revenue of $11.5M for the first quarter 2026 (Q1 2026), -27% from a year earlier and +150% from the quarter before.
Was Presurance Holdings profitable in the first quarter 2026?
Operating loss was $1.1M (-9.2% of revenue) and net earnings $2.6M.