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Viskase Holdings (VISK) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 3, 2026

Viskase Holdings (VISK) reported revenue of $90.1M for the second quarter 2026 (Q2 2026), -7% from a year earlier and +4% from the quarter before. Operating margin was -2.2%, net loss $5.1M (5.7% of revenue).

Revenue$90.1M
Year over year-7%
Quarter over quarter+4%
Operating margin-2.2%
Net earnings−$5.1M

Viskase Holdings, Q2 2026: revenue $90.1M (-7% year over year), operating margin -2.2%, net loss $5.1M, operating cash flow −$11.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$90.1M+4%-7%
Operating profit−$2.0M——
Net earnings−$5.1M——
Operating cash flow−$11.2M——

What changed

Revenue was $90.1M in Q2 2026, down 7% year over year and up 4% from the previous quarter. Nojax was the largest line at 55% of revenue. Fibrous lost $3.4M year over year (down 12%), 47% of the total change.

Gross margin was 12.3%, up 0.4 points from Q2 2025. Operating costs exceeded revenue by $2.0M, an operating margin of -2.2%. Operating expenses fell 8% while revenue fell 7%. The quarter ended with a net loss of $5.1M, narrower than the previous quarter's $6.7M loss. Net interest and other expense of $2.8M was the main reason.

Operating cash flow was −$11.2M. Non-cash charges added back $4.4M of depreciation and amortization. Working capital and other items used $10.5M. Capital expenditures of $7.7M exceeded it, leaving free cash flow of −$18.9M.

Questions

What was Viskase Holdings' revenue in the second quarter 2026?

Viskase Holdings (VISK) reported revenue of $90.1M for the second quarter 2026 (Q2 2026), -7% from a year earlier and +4% from the quarter before.

Was Viskase Holdings profitable in the second quarter 2026?

Operating loss was $2.0M (-2.2% of revenue) and net loss $5.1M.

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Source: Viskase Holdings 10-Q on SEC EDGAR.