STOCK TITAN

Gross profit surges as OMNIQ (OMQS) slashes 2025 net loss

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

OMNIQ CORP. reported full-year 2025 results showing stronger profitability and a cleaner balance sheet despite slightly lower revenue. Net revenues were $33 million, down from $34.9 million in 2024, mainly due to fewer deliverables and delays in a significant customer project.

Gross profit rose to $9 million from $5.6 million, a ~61% increase, as cost of goods sold fell to $23.9 million, or 73% of revenue, versus 83.9% the prior year. The company nearly reached breakeven, cutting net loss attributable to common stockholders from $10.0 million to $169,000, with basic loss per share improving from $0.94 to $0.01.

Short term liabilities dropped from $86.3 million to $27.7 million, while shareholder deficit improved from $(43.9) million to $(11.8) million, reflecting substantial balance sheet repair. OMNIQ also raised approximately $950,000 in December 2025, including a $150,000 investment from its CEO, and highlighted new AI-driven customer wins and expansions across healthcare, airports, education, and enterprise campuses.

Positive

  • Profitability and margin improvement: Gross profit rose to $9 million (about 61% growth) as cost of goods sold declined to 73% of revenue, driving net loss down from $10.0 million to $169,000 and loss per share from $0.94 to $0.01.
  • Balance sheet strengthening: Short term liabilities dropped from $86.3 million to $27.7 million and shareholder deficit improved from $(43.9) million to $(11.8) million, indicating substantial deleveraging and capital structure repair.

Negative

  • Top-line contraction and ongoing losses: Net revenues declined from $34.9 million to $33 million, primarily due to fewer deliverables and project delays, and the company still reported a net loss, albeit much smaller, rather than positive earnings.

Insights

OMNIQ sharply improves margins, narrows losses, and deleverages in 2025.

OMNIQ CORP. delivered a notable turnaround in 2025 profitability. While revenue slipped to $33 million from $34.9 million, gross profit climbed to $9 million, with cost of goods sold reduced to 73% of revenue versus 83.9% in 2024, indicating much better unit economics.

Net loss attributable to common stockholders shrank from $10.0 million to $169,000, and basic loss per share improved from $0.94 to $0.01. Short term liabilities fell from $86.3 million to $27.7 million, and shareholder deficit improved from $(43.9) million to $(11.8) million, suggesting meaningful balance sheet repair.

The company also raised about $950,000 in December 2025, including a $150,000 investment by CEO Shai Lustgarten, and cited new and expanded AI deployments in healthcare, airports, and campuses. Overall, these shifts are materially positive, though revenue softness from project delays remains a consideration.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Net revenues 2025 $33 million Year ended December 31, 2025; vs $34.9 million in 2024
Gross profit 2025 $9 million Up from $5.6 million in 2024 (~61% growth)
Net loss to common stockholders 2025 $169,000 Improved from $10.0 million loss in 2024
Basic loss per share 2025 $0.01 Improved from $0.94 in 2024
Short term liabilities $27.7 million Down from $86.3 million year-over-year
Shareholder deficit $(11.8) million Improved from $(43.9) million year-over-year
Capital raised December 2025 $950,000 Includes $150,000 investment from CEO Shai Lustgarten
gross profit financial
"Gross profit reached $9 million, representing a 60.5% increase year-over-year."
Gross profit is the amount a business keeps from sales after subtracting the direct costs to make or buy the products or services sold — like the money left from a lemonade stand after paying for lemons, sugar and cups. Investors watch gross profit to judge how well a company’s core operations and pricing cover those direct costs, revealing its basic profitability and whether margins are improving or shrinking over time.
short term liabilities financial
"Short term liabilities decreased from $86.3 million to $27.7 million, representing a decrease..."
Short term liabilities are the bills and obligations a company must pay within the next year, such as loans coming due, supplier invoices, and payroll. Investors watch them like upcoming household bills—if a business has more short-term obligations than readily available cash or easy access to credit, it can signal pressure on operations, higher risk of borrowing, or the need to raise capital, all of which affect the company’s financial stability and stock value.
shareholder deficit financial
"Shareholder deficit improved from $(43.9) million to $(11.8) million."
net loss attributable to common stockholders financial
"Net loss attributable to common stockholders was $169,000 in 2025, compared to..."
Net loss attributable to common stockholders is the portion of a company’s overall loss that is allocated to ordinary shareholders after paying any obligations to preferred shareholders and minority partners. Think of a household budget shortfall: after fixed claimants are paid, the remaining deficit falls on the owners; that remaining loss shrinks the value of common shares, lowers earnings per share, and can affect dividend capacity and investor returns.
cost of goods sold financial
"Cost of goods sold was $23.9 million and $29.3 million, representing 73 % and 83.9% of revenue..."
Cost of goods sold (COGS) is the direct cost of producing the products a company sells, including materials, labor and factory overhead tied to making those items. Think of it like the ingredients and cook time for a bakery’s cakes — the more you spend to make each cake, the less you keep when you sell it. Investors watch COGS because it directly reduces gross profit and reveals how efficiently a company turns inputs into profitable sales, affecting margins, pricing and competitiveness.
forward-looking statements regulatory
"This release contains “forward-looking statements” that include information relating to future events..."
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 revenues $33 million -6% year-over-year
Gross profit $9 million approximately +61% year-over-year
Net loss attributable to common stockholders $169,000 improved from $10.0 million loss
Basic loss per share $0.01 improved from $0.94
FalseNONE000027816500002781652026-04-152026-04-15iso4217:USDxbrli:sharesiso4217:USDxbrli:shares
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 15, 2026

_______________________________

OMNIQ CORP.

(Exact name of registrant as specified in its charter)

_______________________________

Delaware001-4076820-3454263
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

696 West Confluence Ave.

Murray, UT 84123

(Address of Principal Executive Offices) (Zip Code)

(801) 733-2222

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.001OMQSOTC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 
 
Item 2.02. Results of Operations and Financial Condition.

 

On April 15, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Number Description
   
99.1 Press Release dated April 15, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 OMNIQ CORP.
   
  
Date: April 15, 2026By: /s/ Shai Lustgarten        
  Shai Lustgarten
  Chief Executive Officer, Interim Chief Financial Officerand Chairman of the Board
  

 

EXHIBIT 99.1

OMNIQ Reports 60% Increase in Gross Profit for 2025

SALT LAKE CITY, April 15, 2026 (GLOBE NEWSWIRE) -- OMNIQ CORP. (OTCMKTS: OMQS) (“OMNIQ” or “the Company”) reports year-end 2025 revenue of $33 million and a 60% increase in gross profit compared to year-end 2024. Additionally, following the Company’s focus plans initiated last year, the Company reported a significant decrease of its liabilities.

Financial Highlights:

  • Gross profit reached $9 million, representing a 60.5% increase year-over-year.
  • Short term liabilities decreased from $86.3 million to $27.7 million, representing a decrease in short term liabilities of $58.6 million, or 68% year-over-year.
  • Net loss reduced significantly from a $10.0 million loss in 2024 to $137,000 net loss for 2025. Representing a net loss improvement of 98.6% of year-over-year.
  • Shareholder deficit improved from $(43.9) million to $(11.8) million. Representing a shareholder deficit improvement of 71% year-over-year.

2025 Financial Results For the years ended December 31, 2025 and 2024, gross profit was $9 million and $5.6 million, respectively. This represents an increase of $3.4 million, or 61%, year-over-year, primarily driven by lower cost of goods sold.

Net loss attributable to common stockholders was $169,000 in 2025, compared to a net loss attributable to common stockholders of $10.0 million in 2024. Basic loss per share was $0.01 in 2025, compared to $0.94 in 2024.

For the years ended December 31, 2025 and 2024, net revenues were $33 million and $34.9 million, a decrease of 6 %, primarily due to fewer deliverables and delays in a significant customer project.

Cost of goods sold was $23.9 million and $29.3 million, representing 73 % and 83.9% of revenue in 2025 and 2024, respectively.

In December 2025, the Company raised approximately $950,000, including a $150,000 investment from our CEO Shai Lustgarten.

2025 Highlights

OMNIQ’s 2025 customer activity reflects continued execution across key growth markets, including healthcare, higher education, transportation, and enterprise campuses. Recent announcements included both new customer deployments and expanded installations with existing partners, reflecting continued adoption of the Company’s AI solutions across multiple operational environments.

New Customer Wins

During 2025, OMNIQ announced several new customer deployments that expanded its presence across strategic end markets.

OMNIQ secured a contract for a new AI vehicle inspection use case, broadening the Company’s addressable market and expanding the application of its machine vision technology into automated vehicle inspection and damage documentation.

The Company was also selected by a Fortune 100 technology company to provide AI vehicle recognition for deployment across key Silicon Valley locations, supporting vehicle access management and site security.

At Houghton County Memorial Airport in Michigan, OMNIQ deployed its PERCS™ platform for vehicle recognition system, digital payments, permitting, and citation management, marking an entry point into the rural airport market and expanding the Company’s opportunity in that segment.

Additionally, a public research university in Wisconsin selected the Company’s AI access control technology to support campus-wide vehicle access and parking operations with centralized management and privacy controls.

Expansion Activity

OMNIQ also continued to expand within existing customer environments as organizations extended deployments across additional locations and use cases.

Following successful pilot results, an Ohio hospital network expanded OMNIQ’s AI parking and access technology to additional campuses, supporting improved traffic flow, compliance, and operational efficiency.

In Texas, a major medical institution expanded its OMNIQ deployment with additional access control lanes, along with mobile vehicle recognition and analytics capabilities, to help manage traffic across a high-volume campus environment.

OMNIQ also advanced eight deployments of its Mobile License Plate Inventory platform across airports, healthcare systems, and business complexes. These deployments support mobile, real-time enforcement and vehicle recognition workflows and further demonstrate the flexibility of the Company’s solutions across diverse operating environments.

ABOUT OMNIQ

At 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 services, 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.

Privacy and Data Security Commitment

OMNIQ solutions are built with strict privacy and data protection standards. All information is processed and stored within secure private networks that are not accessible to outside sources or unrelated departments. The system ensures that data is used only for authorized operational purposes and never for public tracking, third-party sharing, or external access. OMNIQ maintains full compliance with customer data policies and provides transparency and control to every participating organization.

For more information about OMNIQ Corp. and its innovative solutions, please visit www.omniq.com.

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

FAQ

How did OMNIQ (OMQS) perform financially in 2025?

OMNIQ reported 2025 net revenues of $33 million, slightly below $34.9 million in 2024. However, gross profit rose to $9 million, and net loss attributable to common stockholders narrowed sharply from $10.0 million to $169,000, with loss per share improving to $0.01.

What drove OMNIQ’s improved profitability in 2025?

Improved profitability came mainly from lower costs. Cost of goods sold fell to $23.9 million, or 73% of revenue, versus 83.9% in 2024, lifting gross profit to $9 million. This cost discipline helped reduce net loss from $10.0 million to $169,000, near breakeven.

How did OMNIQ’s balance sheet change in 2025?

OMNIQ significantly reduced its obligations in 2025. Short term liabilities declined from $86.3 million to $27.7 million, while shareholder deficit improved from $(43.9) million to $(11.8) million. These shifts indicate substantial deleveraging and a stronger overall financial position.

Did OMNIQ raise additional capital during 2025?

Yes. In December 2025, OMNIQ raised approximately $950,000, including a $150,000 investment from its CEO, Shai Lustgarten. This infusion added liquidity as the company improved margins, reduced liabilities, and continued growing its AI-driven deployments across multiple sectors.

What happened to OMNIQ’s revenue and customer activity in 2025?

Net revenues declined to $33 million from $34.9 million, mainly due to fewer deliverables and delays in a significant customer project. Despite this, OMNIQ reported multiple new AI deployments and expansions in healthcare, airports, higher education, and enterprise campuses, highlighting continued customer engagement.

Which markets did OMNIQ expand into with its AI solutions in 2025?

OMNIQ extended its AI and machine vision solutions into healthcare, higher education, transportation, and enterprise campuses. Notable wins included a Fortune 100 technology company, rural and major airports, hospitals, and a public research university, demonstrating broader adoption of its vehicle recognition and access control platforms.

Filing Exhibits & Attachments

5 documents