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Specificity (SPTY) Q1 2026 earnings results (first quarter 2026)

10-Q filed Jun 11, 2026

Specificity (SPTY) reported revenue of $244K for the first quarter 2026 (Q1 2026), -18% from a year earlier and -8% from the quarter before. Operating margin was -54.1%, net loss $182K (74.8% of revenue).

Revenue$244K
Year over year-18%
Quarter over quarter-8%
Operating margin-54.1%
Net earnings−$182K

Specificity, Q1 2026: revenue $244K (-18% year over year), operating margin -54.1%, net loss $182K, operating cash flow −$91K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$244K-8%-18%
Operating profit−$132K——
Net earnings−$182K——
Operating cash flow−$91K—-809%

What changed

Revenue was $244K in Q1 2026, down 18% year over year and down 8% from the previous quarter.

Gross margin was 33.0%, down 15.1 points from Q1 2025. Operating costs exceeded revenue by $132K, an operating margin of -54.1%. Operating expenses fell 22% while revenue fell 18%. The quarter ended with a net loss of $182K, narrower than the previous quarter's $266K loss.

Operating cash flow was −$91K. Non-cash charges added back $0K of depreciation and amortization. Working capital and other items added $91K.

Questions

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

Specificity (SPTY) reported revenue of $244K for the first quarter 2026 (Q1 2026), -18% from a year earlier and -8% from the quarter before.

Was Specificity profitable in the first quarter 2026?

Operating loss was $132K (-54.1% of revenue) and net loss $182K.

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Source: Specificity 10-Q on SEC EDGAR.