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Zomedica (ZOMDF) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Zomedica (ZOMDF) reported revenue of $9.5M for the second quarter 2026 (Q2 2026), +37% from a year earlier and +8% from the quarter before. Operating margin was -42.9%, net loss $3.8M (39.6% of revenue).

Revenue$9.5M
Year over year+37%
Quarter over quarter+8%
Operating margin-42.9%
Net earnings−$3.8M

Zomedica, Q2 2026: revenue $9.5M (+37% year over year), operating margin -42.9%, net loss $3.8M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$9.5M+8%+37%
Operating profit−$4.1M——
Net earnings−$3.8M——
Operating cash flow−$2.6M——

What changed

Revenue was $9.5M in Q2 2026, up 37% year over year and up 8% from the previous quarter. Consumables was the largest line at 70% of revenue. Consumables added $1.4M year over year (up 26%), 53% of the total change.

Gross margin was 63.5%, down 3.5 points from Q2 2025. Operating costs exceeded revenue by $4.1M, an operating margin of -42.9%. Operating expenses fell 20% while revenue rose 37%. The quarter ended with a net loss of $3.8M, narrower than the previous quarter's $4.5M loss.

Operating cash flow was −$2.6M. Non-cash charges added back $1.8M of depreciation and amortization and $69K of share-based compensation. Working capital and other items used $698K. Capital expenditures of $92K exceeded it, leaving free cash flow of −$2.6M.

Questions

What was Zomedica's revenue in the second quarter 2026?

Zomedica (ZOMDF) reported revenue of $9.5M for the second quarter 2026 (Q2 2026), +37% from a year earlier and +8% from the quarter before.

Was Zomedica profitable in the second quarter 2026?

Operating loss was $4.1M (-42.9% of revenue) and net loss $3.8M.

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Source: Zomedica 10-Q on SEC EDGAR.