Filing Flows › Viskase Holdings (VISK) › Q1 2026
Viskase Holdings (VISK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Viskase Holdings (VISK) reported revenue of $86.5M for the first quarter 2026 (Q1 2026), -8% from a year earlier. Operating margin was -5.0%, net loss $6.7M (7.8% of revenue).
Viskase Holdings, Q1 2026: revenue $86.5M (-8% year over year), operating margin -5.0%, net loss $6.7M, operating cash flow −$16.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $86.5M | — | -8% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$6.7M | — | — |
| Operating cash flow | −$16.3M | — | — |
What changed
Revenue was $86.5M in Q1 2026, down 8% year over year. Nojax was the largest line at 54% of revenue. Nojax lost $5.4M year over year (down 10%), 71% of the total change.
Gross margin was 10.4%, down 4.9 points from Q1 2025. Operating costs exceeded revenue by $4.3M, an operating margin of -5.0%. Operating expenses fell 54% while revenue fell 8%. The quarter ended with a net loss of $6.7M.
Operating cash flow was −$16.3M. Non-cash charges added back $4.2M of depreciation and amortization. Working capital and other items used $13.8M. Capital expenditures of $9.0M exceeded it, leaving free cash flow of −$25.3M.
Questions
What was Viskase Holdings' revenue in the first quarter 2026?
Viskase Holdings (VISK) reported revenue of $86.5M for the first quarter 2026 (Q1 2026), -8% from a year earlier.
Was Viskase Holdings profitable in the first quarter 2026?
Operating loss was $4.3M (-5.0% of revenue) and net loss $6.7M.
Source: Viskase Holdings 10-Q on SEC EDGAR.