Filing Flows › TEN Holdings (XHLD) › Q2 2026
TEN Holdings (XHLD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
TEN Holdings (XHLD) reported revenue of $731K for the second quarter 2026 (Q2 2026), -34% from a year earlier and -14% from the quarter before. Operating margin was -409.4%, net loss $3.0M (408.3% of revenue).
TEN Holdings, Q2 2026: revenue $731K (-34% year over year), operating margin -409.4%, net loss $3.0M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $731K | -14% | -34% |
| Operating profit | −$3.0M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $731K in Q2 2026, down 34% year over year and down 14% from the previous quarter. Platform Usage was the largest line at 64% of revenue. Platform Usage lost $386K year over year (down 45%), 100% of the total change.
Gross margin was 85.8%, up 1.5 points from Q2 2025. Operating costs exceeded revenue by $3.0M, an operating margin of -409.4%. Operating expenses grew 57% against a revenue fall of 34%. The fastest-growing cost line was SG&A (+68%). The quarter ended with a net loss of $3.0M, wider than the previous quarter's $2.9M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $11K of depreciation and $584K of share-based compensation. Working capital and other items added $796K.
Questions
What was TEN Holdings' revenue in the second quarter 2026?
TEN Holdings (XHLD) reported revenue of $731K for the second quarter 2026 (Q2 2026), -34% from a year earlier and -14% from the quarter before.
Was TEN Holdings profitable in the second quarter 2026?
Operating loss was $3.0M (-409.4% of revenue) and net loss $3.0M.
Source: TEN Holdings 10-Q on SEC EDGAR.