QHSLab Reports Q2 2026: ISP Revenue Doubles, Swings to Net Profit
USAQ has more than doubled off its 52-week low of $0.08.
Summary
QHSLab swung to a Q2 net profit of $38,030 as ISP revenue more than doubled and interest costs collapsed after retiring convertible debt. The results mark a sharp improvement from the going-concern warning issued in May, though H1 remains loss-making.
Key Events · Earnings and Guidance · USAQ
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Q2 Swings to Profit
Net income of $38,030 vs. a $(52,958) loss in Q2 2025, driven by 40% revenue growth and margin expansion.
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ISP Revenue More Than Doubles
Integrated Service Program revenue surged 86.4% to $491,399 in Q2 and 103.2% to $865,900 in H1, now 55% of total revenue.
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Gross Margins Expand
Gross margin improved to 69.6% in Q2 (from 65.9%) and 67.3% in H1 (from 66.3%), reflecting a higher-mix of recurring ISP revenue.
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Convertible Debt Overhang Removed
Interest expense fell 87.3% to $16,741 in H1 after retiring substantially all legacy convertible debt, strengthening the balance sheet.
Analysis · USAQ · Industrial Applications And Services
QHSLab delivered a sharp operational turnaround in Q2 2026, swinging from a net loss to a $38,030 profit on 40% revenue growth. The core ISP business more than doubled year-over-year, now driving over half of total revenue, while gross margins expanded to nearly 70%. Critically, the company retired nearly all legacy convertible debt, slashing interest expense by 87% and removing a major overhang. This comes just three months after a going-concern warning and disclosure of ineffective internal controls — making the improved profitability and cleaner balance sheet a material positive signal, though the company remains unprofitable for the first half and still faces control weaknesses.
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In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, USAQ was trading at $0.23 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $3.5M. The 52-week trading range was $0.08 to $1.14. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.