Filing Flows › Powerus (PUSA) › Q1 2026
Powerus (PUSA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Powerus (PUSA) reported revenue of $1.5M for the first quarter 2026 (Q1 2026), +11% from a year earlier and +111% from the quarter before. Operating margin was -99.3%, net loss $1.3M (85.7% of revenue).
Powerus, Q1 2026: revenue $1.5M (+11% year over year), operating margin -99.3%, net loss $1.3M, operating cash flow $385K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5M | +111% | +11% |
| Operating profit | −$1.5M | — | -513% |
| Net earnings | −$1.3M | — | -573% |
| Operating cash flow | $385K | — | — |
| Free cash flow | $358K | — | — |
What changed
Revenue was $1.5M in Q1 2026, up 11% year over year and up 111% from the previous quarter. Golf Operations was the largest line at 77% of revenue. Golf Operations added $101K year over year (up 10%), 71% of the total change.
Operating costs exceeded revenue by $1.5M, an operating margin of -99.3%. Total costs grew 200% against revenue growth of 11%. The quarter ended with a net loss of $1.3M, wider than the previous quarter's $1.1M loss. Non-operating items added $290K, -25% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $385K. Non-cash charges added back $64K of depreciation and $1.4M of share-based compensation. Working capital and other items added $146K. Capital expenditures of $27K left free cash flow of $358K.
Questions
What was Powerus' revenue in the first quarter 2026?
Powerus (PUSA) reported revenue of $1.5M for the first quarter 2026 (Q1 2026), +11% from a year earlier and +111% from the quarter before.
Was Powerus profitable in the first quarter 2026?
Operating loss was $1.5M (-99.3% of revenue) and net loss $1.3M.
Source: Powerus 10-Q on SEC EDGAR.