Filing Flows › Unusual Machines (UMAC) › Q1 2026
Unusual Machines (UMAC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Unusual Machines (UMAC) reported revenue of $8.1M for the first quarter 2026 (Q1 2026), +296% from a year earlier and +65% from the quarter before. Operating margin was -89.7%, net earnings $10.3M (127.0% of revenue).
Unusual Machines, Q1 2026: revenue $8.1M (+296% year over year), operating margin -89.7%, net earnings $10.3M, operating cash flow −$17.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.1M | +65% | +296% |
| Operating profit | −$7.3M | — | — |
| Net earnings | $10.3M | — | — |
| Operating cash flow | −$17.4M | — | — |
What changed
Revenue was $8.1M in Q1 2026, up 296% year over year and up 65% from the previous quarter. Enterprise Revenue was the largest line at 90% of revenue. Enterprise Revenue added $6.9M year over year (up 1757%), 114% of the total change. Retail Revenue declined 53%.
Gross margin was 32.8%, up 8.5 points from Q1 2025. Operating costs exceeded revenue by $7.3M, an operating margin of -89.7%. Operating expenses grew 163% against revenue growth of 296%. The fastest-growing cost line was Research & development (+1053%). Net earnings were $10.3M. The effective tax rate was 0.0%. Non-operating items added $17.5M, 171% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$17.4M. Non-cash charges added back $65K of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $31.7M. Capital expenditures of $698K exceeded it, leaving free cash flow of −$18.1M.
Questions
What was Unusual Machines' revenue in the first quarter 2026?
Unusual Machines (UMAC) reported revenue of $8.1M for the first quarter 2026 (Q1 2026), +296% from a year earlier and +65% from the quarter before.
Was Unusual Machines profitable in the first quarter 2026?
Operating loss was $7.3M (-89.7% of revenue) and net earnings $10.3M.
Source: Unusual Machines 10-Q on SEC EDGAR.