Filing Flows › Quality Industrial (QIND) › Q1 2026
Quality Industrial (QIND) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Quality Industrial (QIND) reported revenue of $3.7M for the first quarter 2026 (Q1 2026), +1% from a year earlier and -29% from the quarter before. Operating margin was 4.8%, net earnings $9K (0.2% of revenue).
Quality Industrial, Q1 2026: revenue $3.7M (+1% year over year), operating margin 4.8%, net earnings $9K, operating cash flow −$310K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7M | -29% | +1% |
| Gross profit | $1.0M | -23% | +5% |
| Operating profit | $176K | -48% | — |
| Net earnings | $9K | — | — |
| Operating cash flow | −$310K | — | — |
What changed
Revenue was $3.7M in Q1 2026, up 1% year over year and down 29% from the previous quarter.
Gross margin was 27.3%, up 0.9 points from Q1 2025. Operating profit was $176K, a 4.8% margin (up 30.9 points year over year). Operating expenses fell 57% while revenue rose 1%. The fastest-growing cost line was Research & development (+91%). Net earnings were $9K. The effective tax rate was 14.5%.
Operating cash flow was −$310K. Non-cash charges added back $47K of depreciation and amortization. Working capital and other items used $490K. Capital expenditures of $55K exceeded it, leaving free cash flow of −$365K.
Questions
What was Quality Industrial's revenue in the first quarter 2026?
Quality Industrial (QIND) reported revenue of $3.7M for the first quarter 2026 (Q1 2026), +1% from a year earlier and -29% from the quarter before.
Was Quality Industrial profitable in the first quarter 2026?
Operating profit was $176K (4.8% of revenue) and net earnings $9K.
Source: Quality Industrial 10-Q on SEC EDGAR.