PyroGenesis Q1 FY26 net loss narrows to $1 million; revenue rises 63% to $4.9 million

PyroGenesis Canada

PyroGenesis Canada

PYR

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  • PyroGenesis posted Q1 2026 revenue of $4.9 million, up 63% year over year, for its best quarter since 2022.
  • Net loss narrowed to $1 million; gross margin rose to 32% from 27% a year earlier.
  • Revenue (order) backlog totaled $43.1 million as of May 7, 2026, with 86% denominated in U.S. dollars.
  • Recent activity included an ongoing titanium powder supply agreement with a U.S. client, an agreement with a U.S. defense contractor to jointly pursue chemical weapon destruction contracts in Syria, and third-party verification that fumed silica met commercial grade 150 benchmarks.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PyroGenesis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605071900PRIMZONEFULLFEED9716176) on May 07, 2026, and is solely responsible for the information contained therein.

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