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Range Impact (RNGE) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Range Impact (RNGE) reported revenue of $915K for the first quarter 2026 (Q1 2026), +32% from a year earlier and -55% from the quarter before. Operating margin was -196.6%, net earnings $1.8M (200.3% of revenue).

Revenue$915K
Year over year+32%
Quarter over quarter-55%
Operating margin-196.6%
Net earnings$1.8M

Range Impact, Q1 2026: revenue $915K (+32% year over year), operating margin -196.6%, net earnings $1.8M, operating cash flow −$982K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$915K-55%+32%
Operating profit−$1.8M——
Net earnings$1.8M+122%+265%
Operating cash flow−$982K-1045%—

What changed

Revenue was $915K in Q1 2026, up 32% year over year and down 55% from the previous quarter.

Operating costs exceeded revenue by $1.8M, an operating margin of -196.6%. The fastest-growing cost line was Other operating costs (+1348%). Net earnings were −$1.8M. The effective tax rate was 0.0%. Non-operating items added $3.6M, 198% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.0M. Non-cash charges added back $800K of depreciation and amortization. Working capital and other items used $3.6M.

Questions

What was Range Impact's revenue in the first quarter 2026?

Range Impact (RNGE) reported revenue of $915K for the first quarter 2026 (Q1 2026), +32% from a year earlier and -55% from the quarter before.

Was Range Impact profitable in the first quarter 2026?

Operating loss was $1.8M (-196.6% of revenue) and net earnings $1.8M.

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Source: Range Impact 10-Q on SEC EDGAR.