Filing Flows › Scilex Holding (SCLX) › Q1 2026
Scilex Holding (SCLX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 20, 2026
Scilex Holding (SCLX) reported revenue of $8.6M for the first quarter 2026 (Q1 2026), +72% from a year earlier and +80% from the quarter before. Operating margin was -373.5%, net loss $45.6M (530.0% of revenue).
Scilex Holding, Q1 2026: revenue $8.6M (+72% year over year), operating margin -373.5%, net loss $45.6M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.6M | +80% | +72% |
| Operating profit | −$32.2M | — | — |
| Net earnings | −$45.6M | — | — |
| Operating cash flow | −$1.1M | — | -118% |
What changed
Revenue was $8.6M in Q1 2026, up 72% year over year and up 80% from the previous quarter.
Operating costs exceeded revenue by $32.2M, an operating margin of -373.5%. Total costs grew 24% against revenue growth of 72%. The fastest-growing cost line was Cost of revenue (+221%). The quarter ended with a net loss of $45.6M, narrower than the previous quarter's $46.1M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $2.9M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $38.0M.
Questions
What was Scilex Holding's revenue in the first quarter 2026?
Scilex Holding (SCLX) reported revenue of $8.6M for the first quarter 2026 (Q1 2026), +72% from a year earlier and +80% from the quarter before.
Was Scilex Holding profitable in the first quarter 2026?
Operating loss was $32.2M (-373.5% of revenue) and net loss $45.6M.
Source: Scilex Holding 10-Q on SEC EDGAR.