Northann Corp. 1Q 2026: Revenue $4.96M, Net income $(2.90M) — 10-Q Summary

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2026.05.19 21:31
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Northann Corp. reported Q1 2026 revenue of $4.96M, a 44.3% increase from $3.44M in Q1 2025, driven by new retail rollouts. However, the company recorded a net loss of $(2.90M), slightly worse than the $(2.63M) loss in the prior year. The growth was supported by the launch of SuperOak 3D-printed flooring in major retail chains, despite margin pressures from launch-related costs.