Filing Flows › XCel Brands (XELB) › Q1 2026 › vs Q4 2025
XCel Brands (XELB) Q1 2026 vs Q4 2025 (quarter over quarter)
XCel Brands's revenue fell $24K (-2%) from $1.2M in Q4 2025 to $1.1M in Q1 2026.
XCel Brands, Q1 2026: revenue $1.1M (-14% year over year), operating margin -164.7%, net loss $2.5M, operating cash flow −$877K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1M | $1.2M | −$24K | -2% |
| Net loss | $2.5M | $2.8M | −$306K | -11% |
| Costs & expenses | $3.6M | $4.0M | −$330K | -8% |
| Operating costs | $3.0M | $3.1M | −$88K | -3% |
| Interest & other, net | $593K | $847K | −$254K | -30% |
| Income tax | $12K | $0 | $12K | — |
| SG&A | $1.2M | $1.3M | −$122K | -9% |
| Other operating costs | $1.8M | $1.8M | $34K | +2% |
| Operating cash sources | $2.5M | $2.8M | −$306K | -11% |
| Depreciation & amortization | $893K | $898K | −$5K | -0.6% |
| Share-based compensation | $104K | $224K | −$120K | -54% |
| Working capital & other | $615K | −$154K | $769K | — |
| Cash used in operations | $877K | $1.8M | −$950K | -52% |
| Net loss absorbed | $2.5M | $2.8M | −$306K | -11% |
Questions
How much did XCel Brands's revenue grow quarter over quarter in Q1 2026?
XCel Brands's revenue fell $24K (-2%) from $1.2M in Q4 2025 to $1.1M in Q1 2026.