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RTB Digital (RTB) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · RTB Digital (RTB) Q2 2026 earnings results →
Q2 2026 Revenue up 350% year over year to $2.3M · 412¢ of every $1 of revenue lost · operating margin -383.6%
RTB Digital made $2.3M in Q2 2026 (+350% Y/Y): Fintech Operations $1.7M, Platform Operations $630K. Operating margin -383.6%, net loss $9.6M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
Drawing the Sankey…
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What changed this quarter
Revenue was $2.3M in Q2 2026, up 350% year over year and down 8% from the previous quarter. Fintech Operations was the largest line at 73% of revenue. Platform Operations added $113K year over year (up 22%), 6% of the total change.
Gross margin was 37.4%, down 18.3 points from Q2 2025. Operating costs exceeded revenue by $8.9M, an operating margin of -383.6%. Operating expenses grew 976% against revenue growth of 350%. The fastest-growing cost line was General & admin (+1484%). The quarter ended with a net loss of $9.6M, wider than the previous quarter's $4.8M loss.
Operating cash flow was −$3.1M. Non-cash charges added back $402K of depreciation and amortization and $41K of share-based compensation. Working capital and other items added $6.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $2.3M | +350% | -383.6% | −$9.6M | −$3.1M |
| Q1 2026 | 10-Q | May 14, 2026 | $2.5M | -8% | -120.0% | −$4.8M | −$2.1M |
| Q4 2025 | 10-K | Apr 15, 2026 | $2.8M | +4% | -130.8% | −$4.4M | −$16.8M |
| Q3 2025 | 10-Q | Nov 14, 2025 | $2.8M | -2% | -65.0% | −$2.0M | −$5.6M |
| Q2 2025 | 10-Q | Aug 14, 2025 | $517K | -83% | -120.5% | −$118K | $14.9M |
| Q1 2025 | 10-Q | May 20, 2025 | $15.1M | -10% | -5.6% | −$591K | −$15.6M |
| Q4 2024 | 10-K | Mar 28, 2025 | $14.7M | -34% | -38.1% | −$6.9M | $2.1M |
Charts
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About RTB Digital
Ryvyl is a financial technology company that provides global payment acceptance and disbursement solutions. Ryvyl enables merchants to accept credit card payments through arrangements with third-party acquiring banks and payment processors. Credit card payment processing services represent the substantial majority of Ryvyl’s revenues. In addition, Ryvyl offers NEMS Core, an internally developed disbursements platform launched in late 2024 that enables businesses to seamlessly and efficiently distribute funds. The Company was formerly known as ASAP Expo, Inc. and was incorporated in the State of Nevada on April 10, 2007. On January 4, 2020, PubCo and PrivCo entered into an Asset Purchase Agreement to memorialize a verbal agreement (the “Verbal Agreement”) that was entered into on April 12, 2018, by and among PubCo (the buyer) and PrivCo (the seller).
In its own words, from its 10-K, filed Apr 15, 2026.
RTB Digital against its Services-Management Consulting Services peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +350% against the peers' median +7%. Operating margin: -383.6% against the peers' median 8.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| RTB RTB Digital | Q2 2026 | $2.3M | +350% | -383.6% |
| BAH Booz Allen Hamilton Holding | Q2 FY27 | $2.8B | -4% | 8.8% |
| G Genpact | Q3 2026 | $1.4B | +7% | 15.2% |
| ASTH Astrana Health | Q3 2026 | $1.0B | +7% | 3.9% |
| FCN FTI Consulting | Q3 2026 | $1.0B | +6% | 8.9% |
| HURN Huron Consulting Group | Q3 2026 | $491M | +11% | 12.0% |
| ICFI ICF International | Q3 2026 | $470M | +1% | 9.3% |
| ONT Onterris | Q3 2026 | $203M | -10% | 6.0% |
| EXPO Exponent | Q3 2026 | $174M | +18% | 24.1% |
Source: RTB Digital 10-Q on SEC EDGAR · CIK 1419275 · Services-Management Consulting Services
Guidance and outlook
13F: who owns RTB and who is buying
More on RTB
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results