Filing Flows › Sbig Holdings (SBIG) › Q1 2026
Sbig Holdings (SBIG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Sbig Holdings (SBIG) reported revenue of $5.4M for the first quarter 2026 (Q1 2026), -1% from a year earlier and -3% from the quarter before. Operating margin was -2.6%, net loss $494K (9.1% of revenue).
Sbig Holdings, Q1 2026: revenue $5.4M (-1% year over year), operating margin -2.6%, net loss $494K, operating cash flow −$229K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4M | -3% | -1% |
| Operating profit | −$139K | — | — |
| Net earnings | −$494K | — | — |
| Operating cash flow | −$229K | — | — |
What changed
Revenue was $5.4M in Q1 2026, down 1% year over year and down 3% from the previous quarter. Retail Revenue was the largest line at 99% of revenue. Retail Revenue lost $59K year over year (down 1%), 82% of the total change.
Gross margin was 65.9%, down 12.3 points from Q1 2025. Operating costs exceeded revenue by $139K, an operating margin of -2.6%. Operating expenses fell 21% while revenue fell 1%. The quarter ended with a net loss of $494K, narrower than the previous quarter's $1.6M loss. Net interest and other expense of $355K was the main reason.
Operating cash flow was −$229K. Non-cash charges added back $5K of depreciation and amortization and $71K of share-based compensation. Working capital and other items added $189K.
Questions
What was Sbig Holdings' revenue in the first quarter 2026?
Sbig Holdings (SBIG) reported revenue of $5.4M for the first quarter 2026 (Q1 2026), -1% from a year earlier and -3% from the quarter before.
Was Sbig Holdings profitable in the first quarter 2026?
Operating loss was $139K (-2.6% of revenue) and net loss $494K.
Source: Sbig Holdings 10-Q on SEC EDGAR.