Filing Flows › UTG (UTGN) › Q1 2026
UTG (UTGN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
UTG (UTGN) reported revenue of $36.5M for the first quarter 2026 (Q1 2026), +67% from a year earlier. Operating margin was 81.5%, net earnings $23.4M (64.2% of revenue).
UTG, Q1 2026: revenue $36.5M (+67% year over year), operating margin 81.5%, net earnings $23.4M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $36.5M | — | +67% |
| Operating profit | $29.7M | — | +77% |
| Net earnings | $23.4M | — | +81% |
| Operating cash flow | −$2.6M | — | — |
What changed
Revenue was $36.5M in Q1 2026, up 67% year over year.
Operating profit was $29.7M, a 81.5% margin (up 4.9 points year over year). Of the extra revenue versus Q1 2025, 89% reached operating profit, above the 77% margin then. Total costs grew 32% against revenue growth of 67%. Net earnings were $23.4M, up 81% year over year. The effective tax rate was 21.1%.
Operating cash flow was −$2.6M. Non-cash charges added back $494K of depreciation and $178K of share-based compensation. Working capital and other items used $26.7M.
Questions
What was UTG's revenue in the first quarter 2026?
UTG (UTGN) reported revenue of $36.5M for the first quarter 2026 (Q1 2026), +67% from a year earlier.
Was UTG profitable in the first quarter 2026?
Operating profit was $29.7M (81.5% of revenue) and net earnings $23.4M.
Source: UTG 10-Q on SEC EDGAR.