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Filing Flows › SHF Holdings (SHFS) › Q2 2026 › vs Q1 2026

SHF Holdings (SHFS) Q2 2026 vs Q1 2026 (quarter over quarter)

SHF Holdings's revenue fell $41K (-2%) from $2.0M in Q1 2026 to $1.9M in Q2 2026. The biggest changes: Account Fee Income −$45K (-5%); Investments Income +$11K (+4%); Safe Harbor Program Income −$4K (-22%).

SHF Holdings, Q2 2026: revenue $1.9M (+5% year over year), operating margin -53.0%, net loss $1.5M, operating cash flow −$1.8M. The chart draws each line against Q1 2026, the increases inside each band.

SHF Holdings: what changed, Q2 2026 vs Q1 2026SHF Holdings: what changed, Q2 2026 vs Q1 2026Working capital & other$925KOperating costs−$778KCash used in operations$677KOperating cash sources$659KOther operating costs−$596KInterest & other, net$471KCosts & expenses−$307KNet loss−$266KNet loss absorbed−$266KGeneral & admin−$182K

Every line

LineQ2 2026Q1 2026Change%
Loan Program Income$838K$841K−$3K-0.3%
Account Fee Income$824K$869K−$45K-5%
Investments Income$258K$247K$11K+4%
Safe Harbor Program Income$15K$19K−$4K-22%
Revenue$1.9M$2.0M−$41K-2%
Net loss$1.5M$1.8M−$266K-15%
Costs & expenses$3.4M$3.8M−$307K-8%
Operating costs$3.0M$3.7M−$778K-21%
Interest & other, net$487K$16K$471K31×
General & admin$887K$1.1M−$182K-17%
Other operating costs$2.1M$2.7M−$596K-22%
Operating cash sources$1.8M$1.1M$659K+58%
Share-based compensation$42K$59K−$17K-30%
Cash used in operations$1.8M$1.1M$677K+63%
Net loss absorbed$1.5M$1.8M−$266K-15%
Working capital & other$284K−$642K$925K—

Questions

How much did SHF Holdings's revenue grow quarter over quarter in Q2 2026?

SHF Holdings's revenue fell $41K (-2%) from $2.0M in Q1 2026 to $1.9M in Q2 2026.

What drove SHF Holdings's revenue change in Q2 2026?

Account Fee Income −$45K (-5%); Investments Income +$11K (+4%); Safe Harbor Program Income −$4K (-22%).

Q2 2026 results → · Compare in the interactive Sankey →