Smart Powerr Corp. reported first-quarter 2026 results with revenue rising to $108.35K from $20.63K a year earlier, while the company narrowed its loss to ($547.41K) and diluted loss per share improved to ($0.03) — 10-Q Summary.

Financial Highlights

Metric	Current quarter	Prior year quarter	YoY change
Revenue¹	$108.35K	$20.63K	425.3%
Net income²	($547.41K)	($884.46K)	38.1%
Diluted EPS³	($0.03)	($0.09)	66.7%

¹ Reported as “Revenue”. ² Reported as “Net loss”. ³ Reported as “loss per share”.

Business Highlights

Revenue growth was driven by recognition from a new operations & maintenance (O&M) contract, lifting sales to $108.4K in Q1 2026 from $20.6K in Q1 2025.
The company is transitioning toward energy storage integrated solutions, with related revenue beginning in 2025.
Smart Powerr secured a 10-year RMB3.0M-per-year O&M contract for power stations covering 2025–2035.
Operating expenses declined year over year, reflecting tighter expense management and lower general and administrative costs.
Liquidity improved after collection of a short-term loan receivable of $156.8M, supporting ongoing operations.

Original SEC Filing: Smart Powerr Corp. [ CREG ] - 10-Q - May. 15, 2026

Disclaimer

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

Smart Powerr Corp. 1Q 2026: Revenue $108.35K, EPS ($0.03) — 10-Q Summary