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SenesTech (SNES) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 13, 2026

SenesTech (SNES) reported revenue of $493K for the first quarter 2026 (Q1 2026), +2% from a year earlier and +17% from the quarter before. Operating margin was -429.8%, net loss $2.1M (418.5% of revenue).

Revenue$493K
Year over year+2%
Quarter over quarter+17%
Operating margin-429.8%
Net earnings−$2.1M

SenesTech, Q1 2026: revenue $493K (+2% year over year), operating margin -429.8%, net loss $2.1M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$493K+17%+2%
Operating profit−$2.1M——
Net earnings−$2.1M——
Operating cash flow−$1.9M——

What changed

Revenue was $493K in Q1 2026, up 2% year over year and up 17% from the previous quarter.

Gross margin was 68.6%, up 4.0 points from Q1 2025. Operating costs exceeded revenue by $2.1M, an operating margin of -429.8%. Operating expenses grew 24% against revenue growth of 2%. The fastest-growing cost line was General & admin (+31%). The quarter ended with a net loss of $2.1M, wider than the previous quarter's $1.8M loss.

Operating cash flow was −$1.9M. Non-cash charges added back $31K of depreciation and amortization and $23K of share-based compensation.

Questions

What was SenesTech's revenue in the first quarter 2026?

SenesTech (SNES) reported revenue of $493K for the first quarter 2026 (Q1 2026), +2% from a year earlier and +17% from the quarter before.

Was SenesTech profitable in the first quarter 2026?

Operating loss was $2.1M (-429.8% of revenue) and net loss $2.1M.

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Source: SenesTech 10-Q on SEC EDGAR.