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VenHub Global (VHUB) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 12, 2026

VenHub Global (VHUB) reported revenue of $68K for the first quarter 2026 (Q1 2026), -86% from a year earlier and +22% from the quarter before.

Revenue$68K
Year over year-86%
Quarter over quarter+22%
Operating margin—
Net earnings−$16.6M

VenHub Global, Q1 2026: revenue $68K (-86% year over year), net loss $16.6M, operating cash flow −$7.5M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$68K+22%-86%
Operating profit−$4.5M——
Net earnings−$16.6M——
Operating cash flow−$7.5M——

What changed

Revenue was $68K in Q1 2026, down 86% year over year and up 22% from the previous quarter.

Gross margin was 5.4%, down 29.9 points from a year earlier. Operating costs exceeded revenue by $4.5M, an operating margin of -6574.2%. Operating expenses fell 52% while revenue fell 86%. The fastest-growing cost line was Other operating costs (+52%). The quarter ended with a net loss of $16.6M, wider than the previous quarter's $13.2M loss. Net interest and other expense of $12.1M was the main reason.

Operating cash flow was −$7.5M. Non-cash charges added back $69K of depreciation and $1.3M of share-based compensation. Working capital and other items added $7.8M. Capital expenditures of $70K exceeded it, leaving free cash flow of −$7.6M.

Questions

What was VenHub Global's revenue in the first quarter 2026?

VenHub Global (VHUB) reported revenue of $68K for the first quarter 2026 (Q1 2026), -86% from a year earlier and +22% from the quarter before.

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Source: VenHub Global 10-Q on SEC EDGAR.