Filing Flows › TaoWeave (TWAV) › Q1 2026
TaoWeave (TWAV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
TaoWeave (TWAV) reported revenue of $707K for the first quarter 2026 (Q1 2026), +14% from a year earlier and +14% from the quarter before. Operating margin was -79.1%, net earnings $1.7M (240.0% of revenue).
TaoWeave, Q1 2026: revenue $707K (+14% year over year), operating margin -79.1%, net earnings $1.7M, operating cash flow −$650K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $707K | +14% | +14% |
| Operating profit | −$559K | — | — |
| Net earnings | $1.7M | — | — |
| Operating cash flow | −$650K | — | — |
What changed
Revenue was $707K in Q1 2026, up 14% year over year and up 14% from the previous quarter.
Gross margin was 66.5%, up 26.4 points from Q1 2025. Operating costs exceeded revenue by $559K, an operating margin of -79.1%. Operating expenses grew 9% against revenue growth of 14%. The fastest-growing cost line was General & admin (+10%). Net earnings were $1.7M. The effective tax rate was 0.0%. Non-operating items added $2.3M, 133% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$650K. Non-cash charges added back $84K of share-based compensation. Working capital and other items used $2.4M.
Questions
What was TaoWeave's revenue in the first quarter 2026?
TaoWeave (TWAV) reported revenue of $707K for the first quarter 2026 (Q1 2026), +14% from a year earlier and +14% from the quarter before.
Was TaoWeave profitable in the first quarter 2026?
Operating loss was $559K (-79.1% of revenue) and net earnings $1.7M.
Source: TaoWeave 10-Q on SEC EDGAR.