Filing Flows › Syra Health (SYRA) › Q1 2026
Syra Health (SYRA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Syra Health (SYRA) reported revenue of $2.3M for the first quarter 2026 (Q1 2026), +22% from a year earlier and +31% from the quarter before. Operating margin was 8.4%, net earnings $241K (10.6% of revenue).
Syra Health, Q1 2026: revenue $2.3M (+22% year over year), operating margin 8.4%, net earnings $241K, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | +31% | +22% |
| Gross profit | $971K | +64% | +65% |
| Operating profit | $191K | — | — |
| Net earnings | $241K | — | — |
| Operating cash flow | $1.4M | — | +761% |
What changed
Revenue was $2.3M in Q1 2026, up 22% year over year and up 31% from the previous quarter. Population Health was the largest line at 77% of revenue. Population Health added $558K year over year (up 46%), 134% of the total change. Healthcare Workforce declined 22%.
Gross margin was 42.7%, up 11.0 points from Q1 2025. Operating profit was $191K, a 8.4% margin (up 33.9 points year over year). Operating expenses fell 27% while revenue rose 22%. Net earnings were $241K. The effective tax rate was 0.0%. Non-operating items added $50K, 21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.4M (up 761% year over year), 565% of net earnings. Non-cash charges added back $1K of depreciation and $23K of share-based compensation. Working capital and other items added $1.1M.
Questions
What was Syra Health's revenue in the first quarter 2026?
Syra Health (SYRA) reported revenue of $2.3M for the first quarter 2026 (Q1 2026), +22% from a year earlier and +31% from the quarter before.
Was Syra Health profitable in the first quarter 2026?
Operating profit was $191K (8.4% of revenue) and net earnings $241K.
Source: Syra Health 10-Q on SEC EDGAR.