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Richtech Robotics (RR) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Feb 12, 2026

Richtech Robotics (RR) reported revenue of $1.1M for the first quarter fiscal 2026 (Q1 FY26), -15% from a year earlier and -26% from the quarter before.

Revenue$1.1M
Year over year-15%
Quarter over quarter-26%
Operating margin—
Net earnings−$10.2M

Richtech Robotics, Q1 FY26: revenue $1.1M (-15% year over year), net loss $10.2M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$1.1M-26%-15%
Operating profit−$12.4M——
Net earnings−$10.2M——
Operating cash flow−$1.6M——

What changed

Revenue was $1.1M in Q1 FY26, down 15% year over year and down 26% from the previous quarter.

Gross margin was 2.8%, down 62.0 points from a year earlier. Operating costs exceeded revenue by $12.4M, an operating margin of -1155.1%. Operating expenses grew 161% against a revenue fall of 15%. The fastest-growing cost line was Sales & marketing (+1149%). The quarter ended with a net loss of $10.2M, narrower than the previous quarter's $17.4M loss. Minority interests bore $8K of it: to shareholders the quarter was a loss of $10.1M. Non-operating items added $2.2M, -22% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$1.6M. Non-cash charges added back $377K of depreciation and amortization and $8.2M of share-based compensation. Capital expenditures of $71K exceeded it, leaving free cash flow of −$1.7M.

Questions

What was Richtech Robotics' revenue in the first quarter fiscal 2026?

Richtech Robotics (RR) reported revenue of $1.1M for the first quarter fiscal 2026 (Q1 FY26), -15% from a year earlier and -26% from the quarter before.

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Source: Richtech Robotics 10-Q on SEC EDGAR.