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Filing Flows › United Guardian (UG) › Q2 2026 › vs Q1 2026

United Guardian (UG) Q2 2026 vs Q1 2026 (quarter over quarter)

United Guardian's revenue rose $236K (+8%) from $2.9M in Q1 2026 to $3.1M in Q2 2026. The biggest changes: Cosmetic Ingredients +$443K (+52%); Medical −$230K (-39%); Pharmaceuticals +$23K (+2%). Operating margin 24.3% against 22.4% (+1.9 pts).

United Guardian, Q2 2026: revenue $3.1M (+10% year over year), operating margin 24.3%, net earnings $729K, operating cash flow $1.5M. The chart draws each line against Q1 2026, the increases inside each band.

United Guardian: what changed, Q2 2026 vs Q1 2026United Guardian: what changed, Q2 2026 vs Q1 2026Working capital & other$1.0MOperating cash flow$915KFree cash flow (OCF − capex)$906KCosmetic Ingredients$443KMedical−$230KOther income, net−$227KCosts & expenses$124KPre-tax earnings−$116KCost of revenue$115KOperating profit$112K

Margins

Q2 2026Q1 2026Change
Operating margin24.3%22.4%+1.9 pts
Net margin23.4%28.5%-5.1 pts
Free cash flow margin48.3%20.7%+27.6 pts

Every line

LineQ2 2026Q1 2026Change%
Pharmaceuticals$1.5M$1.4M$23K+2%
Cosmetic Ingredients$1.3M$844K$443K+52%
Medical$353K$583K−$230K-39%
Revenue$3.1M$2.9M$236K+8%
Other income, net$163K$391K−$227K-58%
Operating profit$754K$642K$112K+17%
Costs & expenses$2.4M$2.2M$124K+6%
Pre-tax earnings$918K$1.0M−$116K-11%
Cost of revenue$1.6M$1.4M$115K+8%
Research & development$124K$115K$9K+8%
Other operating costs$667K$667K$3190%
Net earnings$729K$819K−$90K-11%
Income tax$189K$214K−$25K-12%
Depreciation & amortization$29K$29K$358+1%
Working capital & other$762K−$243K$1.0M—
Operating cash flow$1.5M$605K$915K+151%
Free cash flow (OCF − capex)$1.5M$595K$906K+152%
Capital expenditures$19K$10K$9K+93%

Questions

How much did United Guardian's revenue grow quarter over quarter in Q2 2026?

United Guardian's revenue rose $236K (+8%) from $2.9M in Q1 2026 to $3.1M in Q2 2026.

What drove United Guardian's revenue change in Q2 2026?

Cosmetic Ingredients +$443K (+52%); Medical −$230K (-39%); Pharmaceuticals +$23K (+2%).

Q2 2026 results → · Compare in the interactive Sankey →