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Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction

$HTOOPress releaseMay 15, 2026, 9:15 AM ETRead the release

Fusion Fuel highlighted Q1 2026 results for its majority-owned subsidiary Quality Industrial Corp (QIND), which returned to profitability with $0.1 million in net income compared to a $1.3 million loss in the prior year. QIND reported revenue of $3.67 million, up 1.4% year-over-year, while slashing operating expenses by 56.6% to $0.8 million, driving operating income to $0.18 million from a $0.95 million loss.

Key figures

Revenue
3670000
Revenue Yoy
1.4%
Gross profit
1000000
New contract value
1140000

AI analysis

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    HTOO: Fusion Fuel Highlights First Quarter 2026 Financial Results of Majority-Owned Subsidiary Quality Industrial Corp., Highlighted by Return to Profitability and Significant Operating Expense Reduction — AI Analysis | Signal8