Filing Flows › Swarmer (SWMR) › Q1 2026
Swarmer (SWMR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Swarmer (SWMR) reported revenue of $20K for the first quarter 2026 (Q1 2026), -82% from a year earlier.
Swarmer, Q1 2026: revenue $20K (-82% year over year), net loss $4.5M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20K | — | -82% |
| Operating profit | −$4.5M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$4.3M | — | — |
What changed
Revenue was $20K in Q1 2026, down 82% year over year.
Operating costs exceeded revenue by $4.5M, an operating margin of -22192.2%. The fastest-growing cost line was SG&A (+1077%). The quarter ended with a net loss of $4.5M.
Operating cash flow was −$4.3M. Non-cash charges added back $38K of depreciation and $282K of share-based compensation. Capital expenditures of $124K exceeded it, leaving free cash flow of −$4.4M.
Questions
What was Swarmer's revenue in the first quarter 2026?
Swarmer (SWMR) reported revenue of $20K for the first quarter 2026 (Q1 2026), -82% from a year earlier.
Source: Swarmer 10-Q on SEC EDGAR.