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OMQS · 10-Q filed May 20, 2026

OMQS earnings analysis

What we found in OMQS's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.

Our reading of the filing · Free to read, no account needed

OMNIQ reported a Q4 revenue of $8.74 million and a GAAP diluted EPS of -$0.04, showing a decline in both top line and margins compared to the prior-year quarter. The company faces challenges from rising operating expenses, particularly in sales and administrative costs, against a backdrop of increasing operational losses.

What stood out

The parts that mattered.

Pulled out of the filing itself, with the figures the company reported.

Q4 Revenue Decline
Revenue fell to $8.74 million from $23 million in the same period last year.
Gross Margin Drop
Gross margin declined to 13.0%, down from 17.3% in the prior year.
Worsening Operating Loss
Operating margin worsened to -118.5%, substantially declining from -14.9% a year ago.
EPS Improvement
EPS improved slightly to -$0.04 from -$0.53 in the prior-year quarter.
Free Cash Flow Stability
Free cash flow remained stable at $2 million, both for Q4 2023 and Q4 2024.
Liquidity Strengthening
Cash increased to $787,000 from $679,000 as of December 31, 2025.
What to watch

And the other side of it.

The offsets in the same document — the things a summary that only listed the good news would have left out.

High Operating Expenses
Operating expenses surged by 35%, largely due to an increase in salaries to $3.5 million from $2.6 million.
Working Capital Deficit Aggravation
Working capital deficit increased to $14.6 million from $13.2 million.
Legal Risks
The ongoing Israeli lease lawsuit poses a potential exposure of approximately $5.6 million.
The numbers

What they reported.

What the company itself reported, taken out of the document.

What survived to operating profit
Of every $100 of revenue Cost of sales $87 Operating expenses $132 Left as operating profit $-119
Percentages of revenue, taken from the filing. Drawn this way because it holds whatever scale the company reports in.
Earnings per share
$-0.04
Gross margin
13.0%
Operating margin
-118.5%
Guidance

What they said about what is next.

No explicit numeric guidance provided; management focused on cost reduction and balance sheet repair.

How we read the filing overall

The filing reads worse than the one before it.

One reading of one document. It is not advice, and it is not a forecast.
Earlier filings

What came before.

10-K · April 15, 2026
OMNIQ (OMQS) positions itself as an AI‑based machine‑vision integrator focused on public safety, transportation and supply‑chain markets and says its solutions are deployed in several billion‑dollar markets with…
10-Q · November 14, 2025
OmniQ’s Q3 2025 shows operational improvement but material liquidity and covenant risks remain. Revenue of $8.826M (Q3 2025) was down from $9.454M a year ago, but gross profit rose to $2.959M and operating loss narrowed…
10-Q · August 19, 2025
OmniQ reported Q2 2025 revenue of $7.802M and GAAP net income of $2.051M (EPS $0.19), reversing a year-ago loss. Gross profit was $1.981M and operating loss narrowed to $(484)K for the quarter; operating cash flow for…
10-Q · May 15, 2025
OmniQ reported quarterly revenue of $19,903,000 and GAAP net loss attributable to common shareholders of $(2,096,000), or $(0.20) per share, for the three months ended March 31, 2025. Revenue rose versus the prior year…

This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.

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