Filing Flows › QDM International (QDMI) › Q1 FY26
QDM International (QDMI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 14, 2025
QDM International (QDMI) reported revenue of $3.6M for the first quarter fiscal 2026 (Q1 FY26), +273% from a year earlier and -26% from the quarter before. Operating margin was 60.6%, net earnings $1.9M (51.5% of revenue).
QDM International, Q1 FY26: revenue $3.6M (+273% year over year), operating margin 60.6%, net earnings $1.9M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6M | -26% | +273% |
| Gross profit | $2.5M | -41% | +224% |
| Operating profit | $2.2M | -43% | +306% |
| Net earnings | $1.9M | -42% | +303% |
| Operating cash flow | $3.9M | +51% | 20× |
What changed
Revenue was $3.6M in Q1 FY26, up 273% year over year and down 26% from the previous quarter.
Gross margin was 70.8%, down 10.7 points from a year earlier. Operating profit was $2.2M, a 60.6% margin (up 4.9 points year over year). Of the extra revenue versus a year earlier, 62% reached operating profit, above the 56% margin then. Operating expenses grew 48% against revenue growth of 273%. Net earnings were $1.9M, up 303% year over year. The effective tax rate was 16.9%.
Operating cash flow was $3.9M (up 1892% year over year), 210% of net earnings. Non-cash charges added back $11K of depreciation. Working capital and other items added $2.0M.
Questions
What was QDM International's revenue in the first quarter fiscal 2026?
QDM International (QDMI) reported revenue of $3.6M for the first quarter fiscal 2026 (Q1 FY26), +273% from a year earlier and -26% from the quarter before.
Was QDM International profitable in the first quarter fiscal 2026?
Operating profit was $2.2M (60.6% of revenue) and net earnings $1.9M.
Source: QDM International 10-Q on SEC EDGAR.