Filing Flows › Twin Vee PowerCats (VEEE) › Q3 2026
Twin Vee PowerCats (VEEE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Twin Vee PowerCats (VEEE) reported revenue of $2.8M for the third quarter 2026 (Q3 2026), -19% from a year earlier and -11% from the quarter before. Operating margin was -112.1%, net loss $3.0M (108.7% of revenue).
Twin Vee PowerCats, Q3 2026: revenue $2.8M (-19% year over year), operating margin -112.1%, net loss $3.0M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | -11% | -19% |
| Operating profit | −$3.1M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $2.8M in Q3 2026, down 19% year over year and down 11% from the previous quarter.
Operating costs exceeded revenue by $3.1M, an operating margin of -112.1%. Total costs fell 5% while revenue fell 19%. The quarter ended with a net loss of $3.0M, wider than the previous quarter's $2.9M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $436K of depreciation and amortization and $36K of share-based compensation. Working capital and other items added $610K. Capital expenditures of $164K exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Twin Vee PowerCats' revenue in the third quarter 2026?
Twin Vee PowerCats (VEEE) reported revenue of $2.8M for the third quarter 2026 (Q3 2026), -19% from a year earlier and -11% from the quarter before.
Was Twin Vee PowerCats profitable in the third quarter 2026?
Operating loss was $3.1M (-112.1% of revenue) and net loss $3.0M.
Source: Twin Vee PowerCats 10-Q on SEC EDGAR.