Filing Flows › Voyager Technologies (VOYG) › Q1 2026
Voyager Technologies (VOYG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Voyager Technologies (VOYG) reported revenue of $35.2M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -24% from the quarter before. Operating margin was -126.7%, net loss $45.9M (130.4% of revenue).
Voyager Technologies, Q1 2026: revenue $35.2M (+2% year over year), operating margin -126.7%, net loss $45.9M, operating cash flow −$39.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.2M | -24% | +2% |
| Operating profit | −$44.6M | — | — |
| Net earnings | −$45.9M | — | — |
| Operating cash flow | −$39.7M | — | — |
What changed
Revenue was $35.2M in Q1 2026, up 2% year over year and down 24% from the previous quarter.
Operating costs exceeded revenue by $44.6M, an operating margin of -126.7%. The fastest-growing cost line was Other operating costs (+173%). The quarter ended with a net loss of $45.9M, wider than the previous quarter's $33.0M loss. Minority interests bore $2.0M of it: to shareholders the quarter was a loss of $44.0M.
Operating cash flow was −$39.7M. Non-cash charges added back $6.0M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $51.1M exceeded it, leaving free cash flow of −$90.8M.
Questions
What was Voyager Technologies' revenue in the first quarter 2026?
Voyager Technologies (VOYG) reported revenue of $35.2M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -24% from the quarter before.
Was Voyager Technologies profitable in the first quarter 2026?
Operating loss was $44.6M (-126.7% of revenue) and net loss $45.9M.