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Sunshine Biopharma (SBFM) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 13, 2026

Sunshine Biopharma (SBFM) reported revenue of $8.1M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -6% from the quarter before. Operating margin was -17.3%, net loss $1.2M (15.4% of revenue).

Revenue$8.1M
Year over year-9%
Quarter over quarter-6%
Operating margin-17.3%
Net earnings−$1.2M

Sunshine Biopharma, Q1 2026: revenue $8.1M (-9% year over year), operating margin -17.3%, net loss $1.2M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$8.1M-6%-9%
Operating profit−$1.4M——
Net earnings−$1.2M——
Operating cash flow−$2.1M——

What changed

Revenue was $8.1M in Q1 2026, down 9% year over year and down 6% from the previous quarter.

Gross margin was 27.0%, down 3.7 points from Q1 2025. Operating costs exceeded revenue by $1.4M, an operating margin of -17.3%. Operating expenses fell 11% while revenue fell 9%. The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $2.1M loss.

Operating cash flow was −$2.1M. Non-cash charges added back $77K of depreciation and amortization. Working capital and other items used $905K. Capital expenditures of $5K exceeded it, leaving free cash flow of −$2.1M.

Questions

What was Sunshine Biopharma's revenue in the first quarter 2026?

Sunshine Biopharma (SBFM) reported revenue of $8.1M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -6% from the quarter before.

Was Sunshine Biopharma profitable in the first quarter 2026?

Operating loss was $1.4M (-17.3% of revenue) and net loss $1.2M.

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Source: Sunshine Biopharma 10-Q on SEC EDGAR.