OMNIQ Q2 Revenue Slips to $7.4M, Loss Widens as Costs Climb
OMQS has more than doubled off its 52-week low of $0.04 on elevated volume (4.0× avg).
Summary
OMNIQ reported Q2 2026 revenue of $7.4 million, down from $7.8 million a year ago, with a net loss of $528,000 versus net income of $2.1 million in the prior-year quarter. The swing was driven by a $3.6 million non-recurring gain in Q2 2025 that did not repeat, but operating loss also widened to $2.2 million from $480,000 as SG&A and R&D spending increased. The balance sheet remains strained: cash of $1.1 million, a working capital deficit of $15.2 million, and reliance on $7.3 million in related-party advances. Management is focusing on cost reduction and higher-margin product lines, with an LD Micro presentation scheduled for October.
At the time of this announcement, OMQS was trading at $0.10 on OTC in the Technology sector, with a market capitalization of approximately $1.5M. The 52-week trading range was $0.04 to $0.27. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.