RGTI Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), RGTI reported revenue of $4M, gross profit of $1M (31.3% gross margin), operating income of −$26M, and net income of $33M (752.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RGTI was profitable; revenue grew 198.9% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +198.9% | −22.3% | −2142.8 pp |
| Quarter over quarter | +135.5% | +281.8% | +1727.2 pp |
Consensus estimate data is not available for this report.
RGTI Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $4M | 100% |
| Cost of Revenue | −$3M | 68.7% |
| Gross Profit | $1M | 31.3% |
| Research & Development | −$20M | 453.6% |
| Selling, General & Administrative | −$7M | 167.5% |
| Operating Income | −$26M | -589.8% |
| Other Income, net | $59M | 1342.3% |
| Net Income | $33M | 752.5% |
Source: original SEC filing (filed 2026-05-11). Accession 0001104659-26-058635. Data normalized by EarningsFyi.