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Rubber Leaf (RLEA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 14, 2026

Rubber Leaf (RLEA) reported revenue of $3.3M for the first quarter 2026 (Q1 2026) and -13% from the quarter before. Operating margin was 6.8%, net earnings $244K (7.5% of revenue).

Revenue$3.3M
Year over year—
Quarter over quarter-13%
Operating margin6.8%
Net earnings$244K

Rubber Leaf, Q1 2026: revenue $3.3M, operating margin 6.8%, net earnings $244K, operating cash flow −$78K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.3M-13%—
Gross profit$285K-77%—
Operating profit$223K——
Net earnings$244K-94%—
Operating cash flow−$78K——

What changed

Revenue was $3.3M in Q1 2026, down 13% from the previous quarter.

Gross margin was 8.7%. Operating profit was $223K, a 6.8% margin. Net earnings were $244K. The effective tax rate was 0.0%.

Operating cash flow was −$78K. Working capital and other items used $322K.

Questions

What was Rubber Leaf's revenue in the first quarter 2026?

Rubber Leaf (RLEA) reported revenue of $3.3M for the first quarter 2026 (Q1 2026) and -13% from the quarter before.

Was Rubber Leaf profitable in the first quarter 2026?

Operating profit was $223K (6.8% of revenue) and net earnings $244K.

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Source: Rubber Leaf 10-Q on SEC EDGAR.