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QDM International (QDMI) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Nov 14, 2025

QDM International (QDMI) reported revenue of $4.0M for the second quarter fiscal 2026 (Q2 FY26), +299% from a year earlier and +10% from the quarter before. Operating margin was -33.4%, net loss $1.1M (28.0% of revenue).

Revenue$4.0M
Year over year+299%
Quarter over quarter+10%
Operating margin-33.4%
Net earnings−$1.1M

QDM International, Q2 FY26: revenue $4.0M (+300% year over year), operating margin -33.4%, net loss $1.1M, operating cash flow $366K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$4.0M+10%+299%
Operating profit−$1.3M-161%—
Net earnings−$1.1M-160%—
Operating cash flow$366K-91%-57%

What changed

Revenue was $4.0M in Q2 FY26, up 299% year over year and up 10% from the previous quarter.

Operating costs exceeded revenue by $1.3M, an operating margin of -33.4%. The quarter ended with a net loss of $1.1M, after a profit of $1.9M the previous quarter.

Operating cash flow was $366K (down 57% year over year). Non-cash charges added back $5K of depreciation. Working capital and other items added $1.5M.

Questions

What was QDM International's revenue in the second quarter fiscal 2026?

QDM International (QDMI) reported revenue of $4.0M for the second quarter fiscal 2026 (Q2 FY26), +299% from a year earlier and +10% from the quarter before.

Was QDM International profitable in the second quarter fiscal 2026?

Operating loss was $1.3M (-33.4% of revenue) and net loss $1.1M.

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Source: QDM International 10-Q on SEC EDGAR.