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Super League Enterprise (SLE) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Super League Enterprise (SLE) reported revenue of $3.0M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -6% from the quarter before. Operating margin was -138.5%, net loss $4.1M (134.9% of revenue).

Revenue$3.0M
Year over year+10%
Quarter over quarter-6%
Operating margin-138.5%
Net earnings−$4.1M

Super League Enterprise, Q1 2026: revenue $3.0M (+10% year over year), operating margin -138.5%, net loss $4.1M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.0M-6%+10%
Operating profit−$4.2M——
Net earnings−$4.1M——
Operating cash flow−$2.5M——

What changed

Revenue was $3.0M in Q1 2026, up 10% year over year and down 6% from the previous quarter. Advertising and Sponsorships was the largest line at 57% of revenue. Advertising and Sponsorships added $438K year over year (up 34%), 154% of the total change.

Gross margin was 35.9%, down 8.1 points from Q1 2025. Operating costs exceeded revenue by $4.2M, an operating margin of -138.5%. Operating expenses grew 8% against revenue growth of 10%. The fastest-growing cost line was General & admin (+70%). The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $10.1M loss.

Operating cash flow was −$2.5M. Non-cash charges added back $547K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $134K.

Questions

What was Super League Enterprise's revenue in the first quarter 2026?

Super League Enterprise (SLE) reported revenue of $3.0M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -6% from the quarter before.

Was Super League Enterprise profitable in the first quarter 2026?

Operating loss was $4.2M (-138.5% of revenue) and net loss $4.1M.

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Source: Super League Enterprise 10-Q on SEC EDGAR.