QuoteMedia Q1 FY26 net loss widens to $620,612; revenue rises 15% to $5.53 million

QUOTEMEDIA INC

QUOTEMEDIA INC

QMCI

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  • QuoteMedia posted a net loss of USD 620,612 for Q1 ended March 31, 2026, widening from a year earlier; loss per share was USD 0.01.
  • Revenue climbed 15% to USD 5.53 million, led by Interactive Content and Data APIs up 16% to USD 2.78 million.
  • Gross margin rose 2 percentage points to 46% as gross profit increased 19% to USD 2.52 million, despite USD 230,000 of one-time data licensing, processing and delivery costs.
  • Operating expenses increased 23% to USD 3.14 million as software development jumped 42% to USD 1.45 million on lower capitalization of development costs.
  • Management expects similar revenue growth for the rest of fiscal 2026, with bottom line improving as non-recurring costs roll off and the impact of capitalized development costs diminishes.


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. QuoteMedia Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-26-004901), on May 14, 2026, and is solely responsible for the information contained therein.

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