Filing Flows › Swarmer (SWMR) › Q1 2026 › vs Q1 2025
Swarmer (SWMR) Q1 2026 vs Q1 2025 (year over year)
Swarmer's revenue fell $90K (-82%) from $111K in Q1 2025 to $20K in Q1 2026.
Swarmer, Q1 2026: revenue $20K (-82% year over year), net loss $4.5M, operating cash flow −$4.3M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $20K | $111K | −$90K | -82% |
| Other income, net | $52K | $18K | $33K | +182% |
| Net loss | $4.5M | $694K | $3.8M | +543% |
| Costs & expenses | $4.5M | $823K | $3.7M | +451% |
| Operating costs | $4.5M | $823K | $3.7M | +451% |
| Research & development | $1.5M | $522K | $964K | +185% |
| SG&A | $3.0M | $255K | $2.7M | 12× |
| Operating cash sources | $4.6M | $692K | $3.9M | +564% |
| Depreciation | $38K | $0 | $38K | — |
| Share-based compensation | $282K | $10K | $272K | 28× |
| Cash used in operations | $4.3M | $682K | $3.6M | +527% |
| Net loss absorbed | $4.5M | $694K | $3.8M | +543% |
| Working capital & other | $138K | −$2K | $140K | — |
Questions
How much did Swarmer's revenue grow year over year in Q1 2026?
Swarmer's revenue fell $90K (-82%) from $111K in Q1 2025 to $20K in Q1 2026.