QUOTEMEDIA INC (QMCI) Form 10-Q — Aug 14, 2026
QuoteMedia reported Q2 2026 revenue of $5.45 million, up 11% year over year, led by a 14% increase in Interactive Content and Data APIs, and the quarterly net loss narrowed to $362,447 from $853,582 a year earlier. Gross margin expanded to 50% from 46% as cost of revenue rose only 2%. The improvement came despite software development expense jumping 17%, because only 8% of development costs were capitalized versus 16% a year ago — a trend management expects to continue through 2026, though with diminishing impact.
Key figures
- Eps
- -0.00 (Q2 2026); -0.01 (six months 2026)
- Revenue
- 5450127
- Guidance
- Expects similar revenue growth for the remainder of fiscal 2026 based on revenue already under contract; bottom line expected to improve as revenue grows and the impact of expensing prior capitalized development costs diminishes
- Net Income
- -362447 (Q2 2026 net loss); -983059 (six-month net loss)
- Revenue Yoy
- +11% (Q2 2026); +13% (six months)
- Total Assets
- 4982196
- Cash Position
- 186986
- Shares Outstanding
- 90477798
- Gross Margin Q2
- 50% vs 46% year-ago
- Canada Revenue Pct
- 37
- Gross Margin Six Month
- 48% vs 45% year-ago
- Deferred Revenue Total
- 1570742
- Customer Concentration
- Customer A 11% of revenue
- Working Capital Deficit
- 4643639
- Deferred Revenue Year Ago
- 2426273
- Weighted Avg Exercise Price
- 0.06
- Dev Cost Capitalization Rate
- 8% vs 16% year-ago
- Operating Cash Flow Six Month
- 236568
- Warrants Options Outstanding
- 25772803
- One Time Data Licensing Costs Q1 2026
- 230000
- Unrecognized Liquidity Preferred Warrant Comp
- 7480496
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