Filing Flows › RenX Enterprises (RENX) › Q1 2026
RenX Enterprises (RENX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
RenX Enterprises (RENX) reported revenue of $4.0M for the first quarter 2026 (Q1 2026), up 218-fold from a year earlier and +21% from the quarter before. Operating margin was -70.0%, net loss $9.3M (235.7% of revenue).
RenX Enterprises, Q1 2026: revenue $4.0M (218× year over year), operating margin -70.0%, net loss $9.3M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | +21% | 218× |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$9.3M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $4.0M in Q1 2026, up 21684% year over year and up 21% from the previous quarter.
Gross margin was 33.7%, down 1.4 points from Q1 2025. Operating costs exceeded revenue by $2.8M, an operating margin of -70.0%. Operating expenses grew 223% against revenue growth of 21684%. The fastest-growing cost line was Sales & marketing (+545%). The quarter ended with a net loss of $9.3M, narrower than the previous quarter's $28.2M loss. Net interest and other expense of $6.6M was the main reason.
Operating cash flow was −$2.0M. Non-cash charges added back $805K of depreciation and amortization. Working capital and other items added $6.5M. Capital expenditures of $533K exceeded it, leaving free cash flow of −$2.5M.
Questions
What was RenX Enterprises' revenue in the first quarter 2026?
RenX Enterprises (RENX) reported revenue of $4.0M for the first quarter 2026 (Q1 2026), up 218-fold from a year earlier and +21% from the quarter before.
Was RenX Enterprises profitable in the first quarter 2026?
Operating loss was $2.8M (-70.0% of revenue) and net loss $9.3M.
Source: RenX Enterprises 10-Q on SEC EDGAR.