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Siga Technologies (SIGA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Siga Technologies (SIGA) reported revenue of $6.2M for the first quarter 2026 (Q1 2026), -11% from a year earlier and +65% from the quarter before. Operating margin was -85.2%, net loss $3.5M (55.3% of revenue).
Siga Technologies, Q1 2026: revenue $6.2M (-11% year over year), operating margin -85.2%, net loss $3.5M, operating cash flow −$8.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.2M | +65% | -11% |
| Operating profit | −$5.3M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$8.7M | — | -223% |
What changed
Revenue was $6.2M in Q1 2026, down 11% year over year and up 65% from the previous quarter. Product Sales and Supportive Services was the largest line at 57% of revenue. Product Sales and Supportive Services lost $2.3M year over year (down 39%), 286% of the total change.
Operating costs exceeded revenue by $5.3M, an operating margin of -85.2%. Total costs grew 24% against a revenue fall of 11%. The fastest-growing cost line was Cost of revenue (+1764%). The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $5.4M loss. Non-operating items added $1.3M, -32% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$8.7M. Non-cash charges added back $150K of depreciation and amortization and $753K of share-based compensation. Working capital and other items used $6.1M.
Questions
What was Siga Technologies' revenue in the first quarter 2026?
Siga Technologies (SIGA) reported revenue of $6.2M for the first quarter 2026 (Q1 2026), -11% from a year earlier and +65% from the quarter before.
Was Siga Technologies profitable in the first quarter 2026?
Operating loss was $5.3M (-85.2% of revenue) and net loss $3.5M.
Source: Siga Technologies 10-Q on SEC EDGAR.