---
title: "Agassi Sports Entertainment Corp. 1Q 2026: Net income $(2.51M), EPS $(0.22) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286321093.md"
description: "Agassi Sports Entertainment Corp. reported a net loss of $(2.51M) and diluted EPS of $(0.22) for Q1 2026, widening from a $(1.67M) loss and $(0.17) EPS in Q1 2025. The company is developing its AI platform in partnership with IBM, targeting subscription revenue and planning a Las Vegas event to enhance sponsorship and media revenue. Strategic partnerships with IBM and JOOLA, along with a collaboration with Stefanie Graf, are aimed at supporting brand initiatives. Additional equity raises are needed to fund operations and platform rollouts."
datetime: "2026-05-13T21:31:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286321093.md)
  - [en](https://longbridge.com/en/news/286321093.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286321093.md)
---

# Agassi Sports Entertainment Corp. 1Q 2026: Net income $(2.51M), EPS $(0.22) — 10-Q Summary

Agassi Sports Entertainment Corp. reported a widening loss in the first quarter of 2026, posting net income of $(2.51M) and diluted EPS of $(0.22), compared with a net loss of $(1.67M) and diluted EPS of $(0.17) in the year-ago quarter.

**Financial Highlights**

-   Net income was $(2.51M) for Q1 2026, compared with $(1.67M) in Q1 2025 (widened loss vs. year-ago quarter).
-   Diluted EPS was $(0.22) for Q1 2026, versus $(0.17) in Q1 2025 (larger loss per share YoY).

**Business Highlights**

-   Platform development: Agassi Intelligence AI platform is in beta through an IBM partnership; the company plans an app launch in Q3–Q4 2026 featuring swing analysis and AI coaching.
-   Monetization strategy: Management is targeting subscription revenue, e-commerce, premium coaching, sponsorships and media rights to build recurring revenue streams.
-   Event/IP expansion: The company acquired the World Series of Pickleball trademark and is planning a marquee Las Vegas event to drive sponsorship, media and hospitality revenue.
-   Strategic partnerships & talent: Agreements with IBM and a collaboration framework with JOOLA, plus a Stefanie Graf brand partnership (warrants granted), aim to support brand and content initiatives.
-   Operational ramp & funding needs: The company is prioritizing platform and event rollouts in phases and notes near-term operations depend on additional equity raises to fund IBM-related milestones.

Original SEC Filing: Agassi Sports Entertainment Corp. \[ AASP \] - 10-Q - May. 13, 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.

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