Filing Flows › UMeWorld (UMEW) › Q1 FY26
UMeWorld (UMEW) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 24, 2026
UMeWorld (UMEW) reported revenue of $147K for the first quarter fiscal 2026 (Q1 FY26), up 756-fold from a year earlier and up 116-fold from the quarter before. Operating margin was -94.1%, net loss $139K (94.1% of revenue).
UMeWorld, Q1 FY26: revenue $147K (756× year over year), operating margin -94.1%, net loss $139K, operating cash flow −$93K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $147K | 116× | 756× |
| Operating profit | −$139K | -151% | — |
| Net earnings | −$139K | -156% | — |
| Operating cash flow | −$93K | -182% | — |
What changed
Revenue was $147K in Q1 FY26, up 75518% year over year and up 11465% from the previous quarter.
Gross margin was 3.1%. Operating costs exceeded revenue by $139K, an operating margin of -94.1%. The quarter ended with a net loss of $139K, narrower than the previous quarter's $202K loss. Non-operating items added $139K, so the bottom line overstates operating performance.
Operating cash flow was −$93K. Working capital and other items added $45K.
Questions
What was UMeWorld's revenue in the first quarter fiscal 2026?
UMeWorld (UMEW) reported revenue of $147K for the first quarter fiscal 2026 (Q1 FY26), up 756-fold from a year earlier and up 116-fold from the quarter before.
Was UMeWorld profitable in the first quarter fiscal 2026?
Operating loss was $139K (-94.1% of revenue) and net loss $139K.
Source: UMeWorld 10-Q on SEC EDGAR.