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Trutankless (TKLS) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 19, 2026

Trutankless (TKLS) reported revenue of $539K for the second quarter 2026 (Q2 2026), +470% from a year earlier and -43% from the quarter before. Operating margin was -423.8%, net loss $3.4M (638.3% of revenue).

Revenue$539K
Year over year+470%
Quarter over quarter-43%
Operating margin-423.8%
Net earnings−$3.4M

Trutankless, Q2 2026: revenue $539K (+470% year over year), operating margin -423.8%, net loss $3.4M, operating cash flow −$442K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$539K-43%+470%
Operating profit−$2.3M——
Net earnings−$3.4M——
Operating cash flow−$442K——

What changed

Revenue was $539K in Q2 2026, up 470% year over year and down 43% from the previous quarter.

Gross margin was 55.7%, up 36.7 points from Q2 2025. Operating costs exceeded revenue by $2.3M, an operating margin of -423.8%. Operating expenses grew 158% against revenue growth of 470%. The fastest-growing cost line was Research & development (+9179%). The quarter ended with a net loss of $3.4M, wider than the previous quarter's $1.9M loss.

Operating cash flow was −$442K. Non-cash charges added back $23K of depreciation. Working capital and other items added $3.0M.

Questions

What was Trutankless' revenue in the second quarter 2026?

Trutankless (TKLS) reported revenue of $539K for the second quarter 2026 (Q2 2026), +470% from a year earlier and -43% from the quarter before.

Was Trutankless profitable in the second quarter 2026?

Operating loss was $2.3M (-423.8% of revenue) and net loss $3.4M.

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Source: Trutankless 10-Q on SEC EDGAR.