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Quanome Technologies (QNME) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Nov 19, 2025

Quanome Technologies (QNME) reported revenue of $6.1M for the first quarter fiscal 2026 (Q1 FY26), +49% from a year earlier and -3% from the quarter before. Operating margin was -20.8%, net loss $1.4M (22.2% of revenue).

Revenue$6.1M
Year over year+49%
Quarter over quarter-3%
Operating margin-20.8%
Net earnings−$1.4M

Quanome Technologies, Q1 FY26: revenue $6.1M (+50% year over year), operating margin -20.8%, net loss $1.4M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$6.1M-3%+49%
Operating profit−$1.3M——
Net earnings−$1.4M——
Operating cash flow−$4.0M——

What changed

Revenue was $6.1M in Q1 FY26, up 49% year over year and down 3% from the previous quarter. Crossborder Airfreights Solutions was the largest line at 55% of revenue. Crossborder Airfreights Solutions added $1.1M year over year (up 48%), 54% of the total change. Cross Border Ocean Freights Solutions declined 22%.

Gross margin was 18.2%, up 5.4 points from a year earlier. Operating costs exceeded revenue by $1.3M, an operating margin of -20.8%. Operating expenses grew 29% against revenue growth of 49%. The fastest-growing cost line was Other operating costs (+549%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $893K loss.

Operating cash flow was −$4.0M. Non-cash charges added back $47K of depreciation and amortization. Working capital and other items used $2.7M.

Questions

What was Quanome Technologies' revenue in the first quarter fiscal 2026?

Quanome Technologies (QNME) reported revenue of $6.1M for the first quarter fiscal 2026 (Q1 FY26), +49% from a year earlier and -3% from the quarter before.

Was Quanome Technologies profitable in the first quarter fiscal 2026?

Operating loss was $1.3M (-20.8% of revenue) and net loss $1.4M.

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Source: Quanome Technologies 10-Q on SEC EDGAR.