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Tron (TRON) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 8, 2026

Tron (TRON) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -2% from the quarter before. Operating margin was -50.4%.

Revenue$1.2M
Year over year+9%
Quarter over quarter-2%
Operating margin-50.4%
Net earnings$21.6M

Tron, Q1 2026: revenue $1.2M (+9% year over year), operating margin -50.4%, net earnings $21.6M, operating cash flow −$539K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.2M-2%+9%
Operating profit−$597K——
Net earnings$21.6M——
Operating cash flow−$539K——

What changed

Revenue was $1.2M in Q1 2026, up 9% year over year and down 2% from the previous quarter.

Gross margin was 26.9%, up 2.4 points from Q1 2025. Operating costs exceeded revenue by $597K, an operating margin of -50.4%. Operating expenses grew 0% against revenue growth of 9%. Net earnings were $21.6M. The effective tax rate was 6.4%. Non-operating items added $23.7M, 103% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$539K. Non-cash charges added back $9K of depreciation and amortization. Working capital and other items used $22.2M.

Questions

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

Tron (TRON) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -2% from the quarter before.

Was Tron profitable in the first quarter 2026?

Operating loss was $597K (-50.4% of revenue) and net earnings $21.6M.

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Source: Tron 10-Q on SEC EDGAR.