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Reed's (REED) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 12, 2026

Reed's (REED) reported revenue of $7.5M for the second quarter 2026 (Q2 2026), -21% from a year earlier and +5% from the quarter before. Operating margin was -54.3%, net loss $4.3M (57.1% of revenue).

Revenue$7.5M
Year over year-21%
Quarter over quarter+5%
Operating margin-54.3%
Net earnings−$4.3M

Reed's, Q2 2026: revenue $7.5M (-21% year over year), operating margin -54.3%, net loss $4.3M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$7.5M+5%-21%
Operating profit−$4.1M——
Net earnings−$4.3M——
Operating cash flow−$2.2M——

What changed

Revenue was $7.5M in Q2 2026, down 21% year over year and up 5% from the previous quarter.

Gross margin was 23.9%, up 15.4 points from Q2 2025. Operating costs exceeded revenue by $4.1M, an operating margin of -54.3%. Operating expenses fell 11% while revenue fell 21%. The fastest-growing cost line was Sales & marketing (+34%). The quarter ended with a net loss of $4.3M, narrower than the previous quarter's $6.5M loss.

Operating cash flow was −$2.2M. Non-cash charges added back $25K of depreciation and $3K of share-based compensation. Working capital and other items added $2.1M.

Questions

What was Reed's revenue in the second quarter 2026?

Reed's (REED) reported revenue of $7.5M for the second quarter 2026 (Q2 2026), -21% from a year earlier and +5% from the quarter before.

Was Reed's profitable in the second quarter 2026?

Operating loss was $4.1M (-54.3% of revenue) and net loss $4.3M.

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Source: Reed's 10-Q on SEC EDGAR.