OMNIQ Reports First Quarter 2026 Financial Results
Rhea-AI Summary
OMNIQ (OTCMKTS:OMQS) reported Q1 2026 revenue of $7.68 million, compared with $7.98 million a year earlier. Gross profit rose to $2.255 million. Operating loss widened to $1.2 million, while net loss per share improved to ($0.11) from ($0.19).
The company highlighted new AI vehicle damage inspection deployments, expansion with a major Ohio hospital network, continued Fortune 100 customer projects, and operational changes aimed at better execution and efficiency without increasing salary expense.
AI-generated analysis. Not financial advice.
Positive
- Gross profit increased to $2.255M from $2.184M year over year
- Net loss per share improved to ($0.11) from ($0.19)
- New AI vehicle damage inspection deployment created a revenue opportunity
- Expanded AI deployment across a major Ohio hospital network
- AI vehicle recognition solutions deployed for a Fortune 100 technology customer
- Operational changes target better efficiency without raising overall salary expense
Negative
- Revenue declined to $7.68M from $7.98M year over year
- Operating loss widened to ($1.2M) from ($425,000)
News Market Reaction – OMQS
On the day this news was published, OMQS gained 8.42%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
OMQS was flat pre-announcement, while peers were mixed: TOGGLE3D AI (TGGLF) rose 22.98% and EPAZZ (EPAZ) fell 23.87%, with others little changed. No sector‑wide pattern is evident.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 14 | Q3 2025 earnings | Positive | +2.7% | Revenue dip but gross profit and operating loss improved with efficiency focus. |
| May 15 | Q1 2025 earnings | Positive | +24.8% | Revenue rose to $19.9M with reduced operating and comprehensive losses. |
| Nov 14 | Q3 2024 earnings | Positive | -23.5% | Revenue growth and lower expenses but shares fell post‑report. |
| Nov 12 | Earnings call schedule | Neutral | +15.1% | Announcement of Q3 2024 release and call timing only. |
| Aug 13 | Earnings call schedule | Neutral | +13.1% | Notice of Q2 2024 earnings release and conference call logistics. |
Earnings and related announcements have mostly seen price moves aligned with the generally positive or neutral tone, with 1 divergence out of 5 past events.
Over the past few quarters, OMNIQ has reported mixed earnings trends: quarterly revenues such as $18.5M, $19.9M, and $8.8M, alongside improving gross profit and narrowed operating losses. Earnings calls and scheduling announcements sometimes prompted notable moves, including reactions of 24.75%, 15.12%, and -23.48%. Against this backdrop, the latest Q1 2026 results with $7.68M revenue and higher gross profit continue the focus on cost control and efficiency highlighted in prior filings.
Historical Comparison
Over the last five earnings-related releases, OMNIQ’s average one-day move was 6.44%. Q1 2026 results, with lower revenue but higher gross profit, extend the pattern of efficiency-focused reports following 2024–2025 restructuring.
Earnings releases trace a shift from higher-revenue 2024–2025 quarters toward a leaner, AI-focused operation, with recurring themes of cost reductions, margin improvement, and narrowing losses highlighted in recent 10-K and 8-K filings.
Market Pulse Summary
The stock moved +8.4% in the session following this news. A strong positive reaction aligns with past instances where earnings and related updates occasionally produced sizable moves, including prior reactions of 24.75% and 15.12%. Q1 2026 shows revenue at $7.68M versus $7.98M but higher gross profit of $2.255M. Investors weighing sustainability may focus on the company’s disclosed going-concern risks and its history of balancing margin gains against smaller scale after divestitures.
Key Terms
ai machine vision technical
automation technologies technical
AI-generated analysis. Not financial advice.
OMNIQ Reports 7.7 Million in First Quarter Revenues
SALT LAKE CITY, May 20, 2026 (GLOBE NEWSWIRE) -- OMNIQ Corp (OTCMTS: OMQS or “OMNIQ” or “the Company”) today announced its financial results for the first quarter 2026. The Company reported
Financial Highlights
For the three months ended March 31, 2026, compared to the same period in 2025:
- Revenue was
$7.68 million , compared to$7.98 million in the prior-year period. - Gross profit increased to
$2.255 million , compared to$2.184 million last year. - Loss from operations was (
$1.2 million ), compared to ($425,000) in the prior-year period. - Net loss per share improved to (
$0.11) , compared to ($0.19) last year.
Revenue for the three months ended March 31, 2026, was
Gross profit increased to
Loss from operations for the quarter was (
Net loss per share improved to (
Throughout the first quarter, OMNIQ continued to strengthen its presence across key sectors, adding new customers and expanding existing partnerships. Recent activity reflects ongoing demand for the Company’s vehicle recognition and automation technologies in education, healthcare, transportation, and municipal operations.
Q1 Highlights
During the first quarter of 2026, OMNIQ continued expanding its AI machine vision footprint across healthcare, enterprise, and emerging vehicle inspection markets.
Key highlights included a new AI vehicle damage inspection deployment supporting automated vehicle inspection and advanced image capture workflows. This created a new revenue opportunity in the markets that the Company serves. OMNIQ also expanded a previous project across a major Ohio hospital network following successful pilot operations. These developments followed the deployment of AI-based vehicle recognition solutions for a Fortune 100 technology company across Silicon Valley locations.
Additionally, the Company’s solutions were recently featured in a Wall Street Journal article highlighting the growing national focus on AI-powered surveillance and intelligent border security technologies.
OMNIQ continued execution across strategic growth verticals, including healthcare, enterprise campuses, transportation, and intelligent mobility infrastructure, further validating demand for practical automation solutions designed to improve operational efficiency, access control, and real-time visibility across complex environments.
During the quarter, the Company implemented operational management changes focused on improving execution, coordination, and reporting across deployments. The initiative is intended to enhance cross-functional visibility and operational efficiency while leveraging existing internal resources without increasing overall salary expense.
ABOUT OMNIQ
We use patented and proprietary artificial intelligence (AI) technology to deliver machine vision image processing solutions, including data collection, real-time surveillance, and monitoring for supply chain management, homeland security, public safety, traffic & parking management, and access control applications.
The technology and services we provide help our clients move people, assets, and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments.
Our principal solutions include hardware, software, communications, and automated management services, technical service, and support. Our highly tenured team of professionals has the knowledge and expertise to simplify the integration process for our customers. We deliver practical problem-solving solutions backed by numerous customer references.
Our customers include government agencies, healthcare, universities, airports, municipalities and more. We currently engage with several billion-dollar markets with double-digit growth, including the Global Safe City market and the Ticketless Safe Parking market.
INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate,” “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.
Examples of forward-looking statements include, among others, statements made in this press release regarding the closing of the private placement and the use of proceeds received in the private placement. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at SEC.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless otherwise required by law.
Contact
ir@omniq.com
