Filing Flows › Venu Holding (VENU) › Q1 2026
Venu Holding (VENU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Venu Holding (VENU) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -14% from the quarter before. Operating margin was -294.5%, net loss $14.4M (370.3% of revenue).
Venu Holding, Q1 2026: revenue $3.9M (+12% year over year), operating margin -294.5%, net loss $14.4M, operating cash flow −$8.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | -14% | +11% |
| Operating profit | −$11.5M | — | — |
| Net earnings | −$14.4M | — | — |
| Operating cash flow | −$8.5M | -166% | — |
What changed
Revenue was $3.9M in Q1 2026, up 11% year over year and down 14% from the previous quarter. Food and Beverage was the largest line at 62% of revenue. Food and Beverage added $379K year over year (up 19%), 95% of the total change. Event Center Ticket and Fees Revenue declined 13%.
Operating costs exceeded revenue by $11.5M, an operating margin of -294.5%. Total costs fell 30% while revenue rose 11%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $14.4M, wider than the previous quarter's $9.8M loss. Minority interests bore $688K of it: to shareholders the quarter was a loss of $13.8M.
Operating cash flow was −$8.5M. Non-cash charges added back $2.4M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $65.9M exceeded it, leaving free cash flow of −$74.4M.
Questions
What was Venu Holding's revenue in the first quarter 2026?
Venu Holding (VENU) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -14% from the quarter before.
Was Venu Holding profitable in the first quarter 2026?
Operating loss was $11.5M (-294.5% of revenue) and net loss $14.4M.
Source: Venu Holding 10-Q on SEC EDGAR.