Filing Flows › Scientific Industries (SCND) › Q1 2026
Scientific Industries (SCND) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Scientific Industries (SCND) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +30% from a year earlier and -25% from the quarter before. Operating margin was -135.9%, net loss $1.6M (129.5% of revenue).
Scientific Industries, Q1 2026: revenue $1.2M (+30% year over year), operating margin -135.9%, net loss $1.6M, operating cash flow −$994K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -25% | +30% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$994K | — | — |
What changed
Revenue was $1.2M in Q1 2026, up 30% year over year and down 25% from the previous quarter.
Gross margin was 38.3%, up 1.8 points from Q1 2025. Operating costs exceeded revenue by $1.7M, an operating margin of -135.9%. Operating expenses fell 12% while revenue rose 30%. The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $2.5M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $55K of depreciation and amortization and $116K of share-based compensation. Working capital and other items added $424K. Capital expenditures of $6K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Scientific Industries' revenue in the first quarter 2026?
Scientific Industries (SCND) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +30% from a year earlier and -25% from the quarter before.
Was Scientific Industries profitable in the first quarter 2026?
Operating loss was $1.7M (-135.9% of revenue) and net loss $1.6M.