Filing Flows › Quarta-Rad (QURT) › Q1 2026
Quarta-Rad (QURT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Quarta-Rad (QURT) reported revenue of $26K for the first quarter 2026 (Q1 2026), -21% from a year earlier and -69% from the quarter before. Operating margin was -367.2%, net loss $104K (402.9% of revenue).
Quarta-Rad, Q1 2026: revenue $26K (-21% year over year), operating margin -367.2%, net loss $104K, operating cash flow −$58K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26K | -69% | -21% |
| Operating profit | −$95K | — | — |
| Net earnings | −$104K | — | — |
| Operating cash flow | −$58K | -247% | — |
What changed
Revenue was $26K in Q1 2026, down 21% year over year and down 69% from the previous quarter. Sellavir Inc was the largest line at 97% of revenue. Sellavir Inc lost $5K year over year (down 17%), 71% of the total change.
Gross margin was 24.0%. Operating costs exceeded revenue by $95K, an operating margin of -367.2%. The fastest-growing cost line was General & admin (+24%). The quarter ended with a net loss of $104K, wider than the previous quarter's $41K loss.
Operating cash flow was −$58K. Non-cash charges added back $19K of share-based compensation. Working capital and other items added $27K.
Questions
What was Quarta-Rad's revenue in the first quarter 2026?
Quarta-Rad (QURT) reported revenue of $26K for the first quarter 2026 (Q1 2026), -21% from a year earlier and -69% from the quarter before.
Was Quarta-Rad profitable in the first quarter 2026?
Operating loss was $95K (-367.2% of revenue) and net loss $104K.
Source: Quarta-Rad 10-Q on SEC EDGAR.