Filing Flows › Twin Vee PowerCats (VEEE) › Q2 2026
Twin Vee PowerCats (VEEE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Twin Vee PowerCats (VEEE) reported revenue of $3.1M for the second quarter 2026 (Q2 2026), -34% from a year earlier and -21% from the quarter before. Operating margin was -96.6%, net loss $2.9M (92.6% of revenue).
Twin Vee PowerCats, Q2 2026: revenue $3.1M (-34% year over year), operating margin -96.6%, net loss $2.9M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1M | -21% | -34% |
| Operating profit | −$3.0M | — | — |
| Net earnings | −$2.9M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $3.1M in Q2 2026, down 34% year over year and down 21% from the previous quarter.
Operating costs exceeded revenue by $3.0M, an operating margin of -96.6%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $2.9M, wider than the previous quarter's $2.1M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $459K of depreciation and amortization and $55K of share-based compensation. Working capital and other items added $774K. Capital expenditures of $127K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Twin Vee PowerCats' revenue in the second quarter 2026?
Twin Vee PowerCats (VEEE) reported revenue of $3.1M for the second quarter 2026 (Q2 2026), -34% from a year earlier and -21% from the quarter before.
Was Twin Vee PowerCats profitable in the second quarter 2026?
Operating loss was $3.0M (-96.6% of revenue) and net loss $2.9M.
Source: Twin Vee PowerCats 10-Q on SEC EDGAR.