---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-024066"
form_type: "8-K"
ticker: "SHFS"
cik: "0001854963"
company_name: "SHF Holdings, Inc."
filed_at: "2026-05-18T11:45:35+00:00"
generated_at: "2026-05-18T11:48:23.931401+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SHF Holdings Q1 revenue $2.0M (+2.2% YoY); loan income surges 55.6%

## Summary
- Revenue $2.0M, up 2.2% YoY; loan program income $0.8M, up 55.6% due to restructured PCCU agreement.
- Operating expenses down 4.7% to $3.7M; net loss $1.8M vs $0.8M prior (prior included $1.1M non-cash benefit).
- Cash $5.9M; stockholders' equity $6.7M vs deficit of ($16.9M) a year ago – balance sheet transformed.
- Post-quarter: launched cannabis 401(k) plan, expanded lending platform; DOJ placed medical cannabis on Schedule III (April 2026).
- Second Amended PCCU agreement extended through Dec 2031, raising Safe Harbor's share to 65%; expected $9M+ incremental revenue.

## SEC filing metadata
- accession: 0001493152-26-024066
- form_type: 8-K
- ticker: SHFS
- cik: 0001854963
- company_name: SHF Holdings, Inc.
- filed_at: 2026-05-18T11:45:35+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854963/000149315226024066/0001493152-26-024066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854963/000149315226024066/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-024066
- JSON: https://secwatch.observer/filing/0001493152-26-024066.json
- Plain text: https://secwatch.observer/filing/0001493152-26-024066.txt

## Key facts
- Earnings Releases
  SHF Holdings, Inc. reported for the first quarter ended March 31, 2026 results: revenue $1,975,439, net income Net Loss $ (1,779,217 ).
  - Period: for the first quarter ended March 31, 2026
  - Revenue: $1,975,439
  - Net income: Net Loss $ (1,779,217 )
  - Result: reported results
  source text: $ 8,235,908 First Quarter 2026 Income Statement Highlights Three Months Ended March 31, 2026 (Unaudited) Three Months Ended March 31,2025 (Unaudited) Total Revenue $ 1,975,439 $ 1,932,352 Total Operating Expenses $ 3,738,795 $ 3,923,847 Operating Loss $ (1,763,356 ) $ (1,991,495 ) Net Loss $ (1,779,217 ) $ (827,199 ) ● Revenue was approximately $2.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854963/000149315226024066/0001493152-26-024066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.