earnings
confidence high
sentiment negative
materiality 0.60
VerifyMe Q2 2026 revenue falls to $1.9M from $4.5M; net loss widens to $0.5M
VerifyMe, Inc.
2026-Q2 EPS reported
-$0.09
revenue$3,680,000
- Q2 2026 revenue of $1.9M, down 58% from $4.5M in Q2 2025; gross margin improved to 54% from 35%.
- Net loss of $0.5M ($0.04/diluted share) vs $0.3M loss ($0.02) in Q2 2025; adjusted EBITDA $0.0M vs $0.3M.
- Cash of $5.1M and working capital of $4.7M as of June 30, 2026.
- CEO cites transition of legacy ProActive customers to new shipping partner; launched Premium services in June.
- Company working towards previously announced merger with Precision Logistics.