Filing Flows › Retractable Technologies (RVP) › Q1 2026
Retractable Technologies (RVP) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Retractable Technologies (RVP) reported revenue of $7.2M for the first quarter 2026 (Q1 2026), -13% from a year earlier and -24% from the quarter before. Operating margin was -85.9%, net loss $4.2M (58.9% of revenue).
Retractable Technologies, Q1 2026: revenue $7.2M (-14% year over year), operating margin -85.9%, net loss $4.2M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.2M | -24% | -13% |
| Operating profit | −$6.2M | — | — |
| Net earnings | −$4.2M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $7.2M in Q1 2026, down 13% year over year and down 24% from the previous quarter. Syringes was the largest line at 81% of revenue. Syringes lost $1.2M year over year (down 17%), 104% of the total change.
Operating costs exceeded revenue by $6.2M, an operating margin of -85.9%. Total costs grew 3% against a revenue fall of 13%. The fastest-growing cost line was General & admin (+19%). The quarter ended with a net loss of $4.2M, wider than the previous quarter's $2.3M loss. Non-operating items added $1.9M, -46% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.4M. Non-cash charges added back $1.9M of depreciation and amortization. Working capital and other items added $1.0M. Capital expenditures of $6K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Retractable Technologies' revenue in the first quarter 2026?
Retractable Technologies (RVP) reported revenue of $7.2M for the first quarter 2026 (Q1 2026), -13% from a year earlier and -24% from the quarter before.
Was Retractable Technologies profitable in the first quarter 2026?
Operating loss was $6.2M (-85.9% of revenue) and net loss $4.2M.