STOCK TITAN

Cambium Networks (CMBMF) delays Q2 report amid higher sales but ongoing losses

(High)
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Cambium Networks Corporation reports it will not be able to file its Form 10-Q for the quarter ended June 30, 2026 by the prescribed due date and is using the automatic extension available under Form 12b-25. The company cites that timely filing would require unreasonable effort or expense.

Preliminary estimates indicate Q2 2026 revenue of about $40.8 million with a net loss of $9.3 million, compared with revenue of $39.4 million and a net loss of $9.1 million in Q2 2025. For the first six months of 2026, the company estimates revenue of $85.4 million and a net loss of $12.7 million, versus revenue of $73.1 million and a net loss of $21.1 million in the prior-year period, indicating higher sales and a substantially reduced year-to-date loss.

Positive

  • Estimated six-month revenue increased over 16%, from $73.1 million to $85.4 million, versus the prior-year period.
  • Estimated six-month net loss improved by about $8.4 million, from $21.1 million to $12.7 million.

Negative

  • Company notified a delayed filing of its Form 10-Q and is relying on a Form 12b-25 extension.
  • Q2 2026 still reflects an estimated net loss of $9.3 million, slightly higher than the $9.1 million loss a year earlier.

Filing Explained

The June 30 10-Q remains pending; the extension gives the company until the fifth calendar day after its prescribed due date to file it.

The filing places the June 30 quarterly report in the Rule 12b-25 extension window: it is not the 10-Q itself, and the company says it will file it by the fifth calendar day after the prescribed due date.

A Form 10-Q is the unaudited quarterly report, so the June-period financial statements and related liquidity update remain pending until that report is filed.

As a separate baseline, the quarter ended March 31, 2026 showed $5.858 million of cash and $4.378 million of operating cash outflow; that cash balance equals 120.4 days of the quarter's operating cash use.

The material resolution is the filed June 30 10-Q, which will replace the notification's preliminary estimates with the quarterly report's reported results and disclosures.

Sources and calculations
  • Form NT 10-Q (2026-08-17)
  • Form 10-Q purpose (period)
  • Cambium Networks first-quarter 2026 fundamentals (2026-03-31)
  • Cash and equivalents vs quarterly operating cash outflow, in days of cash use $5,858,000 / ($4,378,000 / 90) = [object Object]
Q2 2026 Estimated Revenue $40.8 million Estimated total revenues for the three months ended June 30, 2026
Q2 2026 Estimated Net Loss $9.3 million Estimated net loss for the three months ended June 30, 2026
Q2 2025 Revenue $39.4 million Total revenues for the three months ended June 30, 2025
Q2 2025 Net Loss $9.1 million Net loss for the three months ended June 30, 2025
Six Months 2026 Estimated Revenue $85.4 million Estimated total revenues for the six months ended June 30, 2026
Six Months 2026 Estimated Net Loss $12.7 million Estimated net loss for the six months ended June 30, 2026
Six Months 2025 Revenue $73.1 million Total revenues for the six months ended June 30, 2025
Six Months 2025 Net Loss $21.1 million Net loss for the six months ended June 30, 2025
Form 12b-25 regulatory
"The company is using a Form 12b-25 notification of late filing"
Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.
forward-looking statements regulatory
"Certain matters discussed constitute forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
net loss financial
"The Company estimates total revenues of approximately $40.8 million and net loss of $9.3 million"
Net loss is the amount by which a company’s total costs and expenses exceed its total income during a reporting period, after taking into account taxes and one‑time items. It matters to investors because repeated or large net losses can shrink a company’s cash and owner value, reducing its ability to pay dividends, invest for growth or borrow money — like a household spending more than it earns and dipping into savings to cover the shortfall.
Quarterly Report on Form 10-Q regulatory
"unable to file its Quarterly Report on Form 10-Q for the period"
A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.

FAQ

Why is Cambium Networks (CMBMF) delaying its Q2 2026 Form 10-Q filing?

Cambium Networks is delaying its Q2 2026 Form 10-Q because filing on time would require unreasonable effort or expense. The company has filed a Form 12b-25, allowing a short automatic extension to complete the quarterly report.

What revenue does Cambium Networks (CMBMF) estimate for Q2 2026?

Cambium Networks estimates Q2 2026 revenue of approximately $40.8 million. This compares to $39.4 million in revenue for Q2 2025, indicating modest year-over-year growth based on preliminary figures disclosed in the late-filing notice.

What net loss does Cambium Networks (CMBMF) expect for Q2 2026?

For Q2 2026, Cambium Networks estimates a net loss of $9.3 million. This is slightly higher than the $9.1 million net loss reported for the same quarter in 2025, suggesting relatively flat quarterly profitability year over year.

How did Cambium Networks’ (CMBMF) year-to-date 2026 results compare to 2025?

For the six months ended June 30, 2026, Cambium Networks estimates revenue of $85.4 million and a net loss of $12.7 million. This compares to $73.1 million in revenue and a $21.1 million net loss in 2025, implying higher sales and a smaller loss.

Does the Cambium Networks (CMBMF) late-filing notice include forward-looking statements?

Yes. The notice states that estimated results and other expectations are forward-looking statements subject to risks and uncertainties. It cautions that actual results may differ materially and references the company’s SEC reports for a discussion of these risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

(Check One)

  Form 10-K   Form 20-F   Form 11-K ☒ Form 10-Q

 

 

  Form 10-D   Form N-SAR   Form N-CSR

 

 

 

For Period Ended: June 30, 2026

 

 

 

  Transition Report on Form 10-K

  Transition Report on Form 20-F

  Transition Report on Form 11-K

  Transition Report on Form 10-Q

  Transition Report on Form N-SAR

 

 

 

For the Transition Period Ended:

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

 

PART I — REGISTRANT INFORMATION

CAMBIUM NETWORKS CORPORATION

(Full Name of Registrant)

N/A

(Former Name if Applicable)

c/o Cambium Networks, Inc.

2000 Center Drive, Suite East A401

(Address of Principal Executive Office (Street and Number))

Hoffman Estates, Illinois 60092

(City, State and Zip Code)


 

PART II — RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

(a)

The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

(b)

The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

 

(c)

The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III — NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

Cambium Networks Corporation (the “Company”) has determined that it is unable to file, without unreasonable effort or expense, its Quarterly Report on Form 10-Q for the period ended June 30, 2026 by the prescribed filing due date.

Forward-Looking Statements

Certain matters discussed constitute forward-looking statements within the meaning of the federal securities laws. All statements contained in this notification that do not relate to matters of historical fact, including statements regarding anticipated results for the period ended June 30, 2026 and statements that address activities, events or developments that the Company “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects,” and similar expressions, are forward -looking statements. The Company’s actual results could differ materially from the results contemplated by these forward-looking statements and are subject to a number of risks, uncertainties, estimates and assumptions that may cause actual results to differ materially from current expectations. These forward-looking statements are based on management's current expectations.

These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from expectations include, but are not limited to the risks and uncertainties included in the reports on Forms 10-K, 10-Q and 8-K and in other filings the Company makes with the Securities and Exchange Commission from time to time, available at www.sec.gov. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.

 

PART IV — OTHER INFORMATION

(1)

Name and telephone number of person to contact in regard to this notification

 

Sally Rau

 

(888)

 

863-5250

(Name)

 

(Area Code)

 

(Telephone Number)

 

(2)

Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). ☒ Yes ☐ No

 

 

(3)

Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☒ Yes ☐ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made

The Company estimates total revenues of approximately $40.8 million and net loss of $9.3 million for the three months ended June 30, 2026, as compared to total revenues of approximately $39.4 million and net loss of $9.1 million for the corresponding period of 2025. The Company estimates total revenues of approximately $85.4 million and net loss of $12.7 million for the six months ended June 30, 2026, as compared to total revenues of approximately $73.1 million and net loss of $21.1 million for the corresponding period of 2025.


CAMBIUM NETWORKS CORPORATION

(Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

 

 August 17, 2026

 

By:

 

  /s/ Sally Rau

 

 

 

 

Name:

 

  Sally Rau

 

 

 

 

Title:

 

  Chief Legal Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.