Filing Flows › Tradewinds Universal (TRWD) › Q1 2026
Tradewinds Universal (TRWD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Tradewinds Universal (TRWD) reported revenue of $22K for the first quarter 2026 (Q1 2026), +68% from a year earlier and -37% from the quarter before. Operating margin was -575.0%, net loss $125K (575.0% of revenue).
Tradewinds Universal, Q1 2026: revenue $22K (+68% year over year), operating margin -575.0%, net loss $125K, operating cash flow −$76K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22K | -37% | +68% |
| Operating profit | −$125K | — | — |
| Net earnings | −$125K | — | — |
| Operating cash flow | −$76K | — | — |
What changed
Revenue was $22K in Q1 2026, up 68% year over year and down 37% from the previous quarter.
Gross margin was 100.0%, unchanged from Q1 2025. Operating costs exceeded revenue by $125K, an operating margin of -575.0%. Operating expenses grew 945% against revenue growth of 68%. The fastest-growing cost line was General & admin (+2061%). The quarter ended with a net loss of $125K, narrower than the previous quarter's $758K loss.
Operating cash flow was −$76K. Working capital and other items added $49K.
Questions
What was Tradewinds Universal's revenue in the first quarter 2026?
Tradewinds Universal (TRWD) reported revenue of $22K for the first quarter 2026 (Q1 2026), +68% from a year earlier and -37% from the quarter before.
Was Tradewinds Universal profitable in the first quarter 2026?
Operating loss was $125K (-575.0% of revenue) and net loss $125K.