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Twin Vee Q1 FY26 net loss widens 30% to $2.09 million; net sales rise 10% to $3.96 million

PUBT·05/07/2026 12:01:34
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Twin Vee Q1 FY26 net loss widens 30% to $2.09 million; net sales rise 10% to $3.96 million
  • Twin Vee PowerCats posted Q1 net sales of $3.96 million, up 10% year over year.
  • Net loss widened 30% to $2.09 million.
  • Adjusted EBITDA loss narrowed to $775,673 from $873,354.
  • Results included about $1.3 million of non-cash and one-time items tied to inventory adjustments, new product development, and field inventory management.
  • Cash and cash equivalents climbed more than $4 million versus Q4 to $5.46 million, driven mainly by first-quarter equity offerings; Bahama Boat Works was relaunched with new 21-foot and 23-foot models alongside 35-, 37- and 41-foot boats.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Twin Vee PowerCats Co. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605070800ACCESSWRNAPR_____1164406) on May 07, 2026, and is solely responsible for the information contained therein.