Filing Flows › SHF Holdings (SHFS) › Q1 2026 › vs Q1 2025
SHF Holdings (SHFS) Q1 2026 vs Q1 2025 (year over year)
SHF Holdings's revenue rose $43K (+2%) from $1.9M in Q1 2025 to $2.0M in Q1 2026. The biggest changes: Loan Program Income +$300K (+56%); Account Fee Income −$204K (-19%); Investments Income −$54K (-18%).
SHF Holdings, Q1 2026: revenue $2.0M (+2% year over year), operating margin -89.3%, net loss $1.8M, operating cash flow −$1.1M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Account Fee Income | $869K | $1.1M | −$204K | -19% |
| Loan Program Income | $841K | $540K | $300K | +56% |
| Investments Income | $247K | $300K | −$54K | -18% |
| Safe Harbor Program Income | $19K | $19K | $0 | 0% |
| Revenue | $2.0M | $1.9M | $43K | +2% |
| Net loss | $1.8M | $827K | $952K | +115% |
| Costs & expenses | $3.8M | $3.9M | −$169K | -4% |
| Operating costs | $3.7M | $3.9M | −$185K | -5% |
| Interest & other, net | $16K | −$1.2M | $1.2M | — |
| General & admin | $1.1M | $991K | $78K | +8% |
| Other operating costs | $2.7M | $2.9M | −$263K | -9% |
| Operating cash sources | $1.8M | $826K | $953K | +115% |
| Share-based compensation | $59K | $750K | −$691K | -92% |
| Working capital & other | $642K | −$1.1M | $1.7M | — |
| Cash used in operations | $1.1M | $1.1M | −$62K | -5% |
| Net loss absorbed | $1.8M | $827K | $952K | +115% |
Questions
How much did SHF Holdings's revenue grow year over year in Q1 2026?
SHF Holdings's revenue rose $43K (+2%) from $1.9M in Q1 2025 to $2.0M in Q1 2026.
What drove SHF Holdings's revenue change in Q1 2026?
Loan Program Income +$300K (+56%); Account Fee Income −$204K (-19%); Investments Income −$54K (-18%).