Quarterly ResultMay 20, 2026, 11:56 AM
DarkPulse Q1 Revenue $18.5K, Net Loss $(244.8K)
AI Summary
DarkPulse, Inc. reported a significant decline in revenue for the first quarter of 2026, with revenues falling to $18,518 from $141,018 in the prior year. Despite the substantial revenue drop, the company managed to slightly reduce its net loss to $(244,765) compared to $(266,790) in Q1 2025. The company's cash position decreased, and operating activities consumed cash during the quarter, while total liabilities continued to significantly outweigh total assets.
Key Highlights
- Revenue for Q1 2026 was $18,518, a significant decrease from $141,018 in Q1 2025.
- Net loss attributable to DarkPulse, Inc. was $(244,765) in Q1 2026, an improvement from $(266,790) in Q1 2025.
- Gross profit decreased to $7,747 in Q1 2026 from $37,101 in Q1 2025.
- Cash and cash equivalents stood at $53,371 as of March 31, 2026, down from $62,786 at December 31, 2025.
- Net cash used in operating activities was $(340,593) in Q1 2026, a shift from $78,773 provided in Q1 2025.
- Total liabilities were $20,676,971 as of March 31, 2026, significantly exceeding total assets of $1,330,757.
- Total stockholders' deficit was $(19,346,214) as of March 31, 2026.
- Weighted average common shares outstanding increased to 93,713,916 from 56,203,180.
Price Impact
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