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Palisades Venture (PVIT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 14, 2026

Palisades Venture (PVIT) reported revenue of $50K for the first quarter 2026 (Q1 2026), -2% from a year earlier and +5% from the quarter before. Operating margin was -17.6%, net loss $17K (34.3% of revenue).

Revenue$50K
Year over year-2%
Quarter over quarter+5%
Operating margin-17.6%
Net earnings−$17K

Palisades Venture, Q1 2026: revenue $50K (-2% year over year), operating margin -17.6%, net loss $17K, operating cash flow −$9K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$50K+5%-2%
Operating profit−$9K-274%—
Net earnings−$17K——
Operating cash flow−$9K-163%—

What changed

Revenue was $50K in Q1 2026, down 2% year over year and up 5% from the previous quarter.

Gross margin was 83.9%, down 0.1 points from Q1 2025. Operating costs exceeded revenue by $9K, an operating margin of -17.6%. Operating expenses fell 16% while revenue fell 2%. The quarter ended with a net loss of $17K, wider than the previous quarter's $3K loss.

Operating cash flow was −$9K. Working capital and other items added $8K.

Questions

What was Palisades Venture's revenue in the first quarter 2026?

Palisades Venture (PVIT) reported revenue of $50K for the first quarter 2026 (Q1 2026), -2% from a year earlier and +5% from the quarter before.

Was Palisades Venture profitable in the first quarter 2026?

Operating loss was $9K (-17.6% of revenue) and net loss $17K.

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Source: Palisades Venture 10-Q on SEC EDGAR.