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Vertical Data (VDTA) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed May 15, 2026

Vertical Data (VDTA) reported revenue of $568K for the second quarter fiscal 2026 (Q2 FY26) and +896% from the quarter before. Operating margin was -234.2%, net loss $1.3M (234.2% of revenue).

Revenue$568K
Year over year—
Quarter over quarter+896%
Operating margin-234.2%
Net earnings−$1.3M

Vertical Data, Q2 FY26: revenue $568K, operating margin -234.2%, net loss $1.3M, operating cash flow $4.4M. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$568K+896%—
Operating profit−$1.3M——
Net earnings−$1.3M——
Operating cash flow$4.4M——

What changed

Revenue was $568K in Q2 FY26, up 896% from the previous quarter.

Gross margin was 23.6%. Operating costs exceeded revenue by $1.3M, an operating margin of -234.2%. The quarter ended with a net loss of $1.3M, wider than the previous quarter's $653K loss.

Operating cash flow was $4.4M. Non-cash charges added back $0K of depreciation and $853K of share-based compensation. Working capital and other items added $4.9M.

Questions

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

Vertical Data (VDTA) reported revenue of $568K for the second quarter fiscal 2026 (Q2 FY26) and +896% from the quarter before.

Was Vertical Data profitable in the second quarter fiscal 2026?

Operating loss was $1.3M (-234.2% of revenue) and net loss $1.3M.

Open the interactive Sankey →

Source: Vertical Data 10-Q on SEC EDGAR.