Filing Flows › Algorhythm Holdings (RIME) › Q1 2026
Algorhythm Holdings (RIME) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Algorhythm Holdings (RIME) reported revenue of $2.4M for the first quarter 2026 (Q1 2026), +20% from a year earlier and +75% from the quarter before. Operating margin was -181.0%, net loss $5.4M (224.2% of revenue).
Algorhythm Holdings, Q1 2026: revenue $2.4M (+20% year over year), operating margin -181.0%, net loss $5.4M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | +75% | +20% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$5.4M | — | — |
| Operating cash flow | −$3.9M | — | — |
What changed
Revenue was $2.4M in Q1 2026, up 20% year over year and up 75% from the previous quarter.
Operating costs exceeded revenue by $4.3M, an operating margin of -181.0%. Total costs grew 121% against revenue growth of 20%. The fastest-growing cost line was Cost of revenue (+2285%). The quarter ended with a net loss of $5.4M, wider than the previous quarter's $3.5M loss. Minority interests bore $274K of it: to shareholders the quarter was a loss of $5.1M.
Operating cash flow was −$3.9M. Non-cash charges added back $2K of depreciation and amortization and $923K of share-based compensation. Working capital and other items added $533K. Capital expenditures of $14K exceeded it, leaving free cash flow of −$3.9M.
Questions
What was Algorhythm Holdings' revenue in the first quarter 2026?
Algorhythm Holdings (RIME) reported revenue of $2.4M for the first quarter 2026 (Q1 2026), +20% from a year earlier and +75% from the quarter before.
Was Algorhythm Holdings profitable in the first quarter 2026?
Operating loss was $4.3M (-181.0% of revenue) and net loss $5.4M.