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TurnOnGreen (TOGI) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 13, 2026

TurnOnGreen (TOGI) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -21% from the quarter before. Operating margin was -35.8%, net loss $773K (44.5% of revenue).

Revenue$1.7M
Year over year+9%
Quarter over quarter-21%
Operating margin-35.8%
Net earnings−$773K

TurnOnGreen, Q1 2026: revenue $1.7M (+9% year over year), operating margin -35.8%, net loss $773K, operating cash flow −$889K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.7M-21%+9%
Operating profit−$621K——
Net earnings−$773K——
Operating cash flow−$889K——

What changed

Revenue was $1.7M in Q1 2026, up 9% year over year and down 21% from the previous quarter.

Gross margin was 46.8%, up 1.0 points from Q1 2025. Operating costs exceeded revenue by $621K, an operating margin of -35.8%. Operating expenses grew 26% against revenue growth of 9%. The quarter ended with a net loss of $773K, wider than the previous quarter's $412K loss.

Operating cash flow was −$889K. Non-cash charges added back $8K of depreciation. Working capital and other items used $124K.

Questions

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

TurnOnGreen (TOGI) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -21% from the quarter before.

Was TurnOnGreen profitable in the first quarter 2026?

Operating loss was $621K (-35.8% of revenue) and net loss $773K.

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Source: TurnOnGreen 10-Q on SEC EDGAR.