Filing Flows › Upay (UPYY) › Q1 FY26
Upay (UPYY) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 22, 2025
Upay (UPYY) reported revenue of $170K for the first quarter fiscal 2026 (Q1 FY26), -34% from a year earlier and +22% from the quarter before. Operating margin was -76.6%, net loss $142K (83.3% of revenue).
Upay, Q1 FY26: revenue $170K (-34% year over year), operating margin -76.6%, net loss $142K, operating cash flow −$131K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $170K | +22% | -34% |
| Operating profit | −$131K | — | — |
| Net earnings | −$142K | — | — |
| Operating cash flow | −$131K | — | — |
What changed
Revenue was $170K in Q1 FY26, down 34% year over year and up 22% from the previous quarter.
Gross margin was 75.0%, up 27.2 points from a year earlier. Operating costs exceeded revenue by $131K, an operating margin of -76.6%. Operating expenses fell 3% while revenue fell 34%. The quarter ended with a net loss of $142K, wider than the previous quarter's $39K loss.
Operating cash flow was −$131K. Non-cash charges added back $2K of depreciation. Working capital and other items added $10K.
Questions
What was Upay's revenue in the first quarter fiscal 2026?
Upay (UPYY) reported revenue of $170K for the first quarter fiscal 2026 (Q1 FY26), -34% from a year earlier and +22% from the quarter before.
Was Upay profitable in the first quarter fiscal 2026?
Operating loss was $131K (-76.6% of revenue) and net loss $142K.
Source: Upay 10-Q on SEC EDGAR.