---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-26-000044"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2026-05-15T20:17:21+00:00"
generated_at: "2026-05-15T20:25:27.931123+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DOOR (LTCH) Q1 2026: Software revenue up 19% to $6.1M; net loss narrows 47% to $5.9M

## Summary
- Software revenue $6.1M (+19.1% YoY); total revenue essentially flat at $15.7M.
- Net loss narrowed to $(5.9)M from $(11.3)M YoY, a 47.2% improvement.
- Adjusted EBITDA loss reduced 45.7% to $(3.9)M; cash usage down $18.6M YoY.
- Ended Q1 with $28.5M cash and investments; refinanced debt with Truist Bank revolver on improved terms.
- Operating expenses decreased 25.6% to $13.8M reflecting disciplined expense management.

## SEC filing metadata
- accession: 0001826000-26-000044
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2026-05-15T20:17:21+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600026000044/0001826000-26-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600026000044/lat-20260515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-26-000044
- JSON: https://secwatch.observer/filing/0001826000-26-000044.json
- Plain text: https://secwatch.observer/filing/0001826000-26-000044.txt

## Key facts
- Earnings Releases
  Latch, Inc. reported first quarter ended March 31, 2026 results: revenue $15.7 million, net income $(5.9) million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $15.7 million
  - Net income: $(5.9) million
  - Result: reported results
  source text: Quarter 2026 Highlights ● Software revenue increased by 19.1% year-over-year to $6.1 million, driven by continued subscription growth on the DOOR platform. ● Total revenue was $15.7 million, essentially flat year-over-year, as software and hardware growth offset a reduction in services activity. ● Operating expenses decreased by 25.6% year-over-year to $13.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600026000044/0001826000-26-000044-index.htm

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