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UMeWorld (UMEW) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed May 14, 2026

UMeWorld (UMEW) reported revenue of $351K for the second quarter fiscal 2026 (Q2 FY26), up 854-fold from a year earlier and +138% from the quarter before. Operating margin was -30.0%, net loss $105K (30.0% of revenue).

Revenue$351K
Year over year854×
Quarter over quarter+138%
Operating margin-30.0%
Net earnings−$105K

UMeWorld, Q2 FY26: revenue $351K (854× year over year), operating margin -30.0%, net loss $105K, operating cash flow −$269K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$351K+138%854×
Operating profit−$105K-139%—
Net earnings−$105K-142%—
Operating cash flow−$269K-337%—

What changed

Revenue was $351K in Q2 FY26, up 85347% year over year and up 138% from the previous quarter.

Gross margin was 4.3%. Operating costs exceeded revenue by $105K, an operating margin of -30.0%. The quarter ended with a net loss of $105K, narrower than the previous quarter's $139K loss.

Operating cash flow was −$269K. Working capital and other items used $164K.

Questions

What was UMeWorld's revenue in the second quarter fiscal 2026?

UMeWorld (UMEW) reported revenue of $351K for the second quarter fiscal 2026 (Q2 FY26), up 854-fold from a year earlier and +138% from the quarter before.

Was UMeWorld profitable in the second quarter fiscal 2026?

Operating loss was $105K (-30.0% of revenue) and net loss $105K.

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Source: UMeWorld 10-Q on SEC EDGAR.