---
title: "Global Gas Corp 1Q 2026: Revenue $0 Net loss $18.28K — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286545503.md"
description: "Global Gas Corp reported Q1 2026 results with $0 revenue and a net loss of $18.28K, an improvement from a loss of $28.54K in Q1 2025. The company is focusing on developing modular onsite hydrogen solutions and targeting industrial users for fleet decarbonization. They are also pursuing projects for potential government incentives, including U.S. hydrogen tax credits."
datetime: "2026-05-15T10:11:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286545503.md)
  - [en](https://longbridge.com/en/news/286545503.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286545503.md)
---

# Global Gas Corp 1Q 2026: Revenue $0 Net loss $18.28K — 10-Q Summary

Global Gas Corp reported results for the first quarter of 2026 with no revenue and a net loss of $18276 an improvement from a net loss of $28542 in the year-ago quarter.

**Financial Highlights**

-   Revenue was $0 for Q1 2026, compared with $33.01K in Q1 2025; YoY change (100%).
-   Net income (loss) was a loss of $18.28K for Q1 2026, compared with a loss of $28.54K in Q1 2025; improvement of $10.27K (36%).

**Business Highlights**

-   Revenue trend: The company recognized $33K of revenue in Q1 2025 from a net project; there was no comparable project revenue in Q1 2026.
-   Project pipeline: Management added potential projects after customer meetings and feasibility sizing; the pipeline is growing but no new projects have been closed.
-   Operational focus: Developing modular onsite hydrogen, CO2 and oxygen solutions using renewable waste and select nonrenewable feedstocks.
-   Market & customers: Targeting industrial users and hydrogen-as-energy carriers, including transit, long-haul and refuse fleets, to support fleet decarbonization.
-   Regulatory & incentives: Pursuing projects that may qualify for government incentives such as U.S. hydrogen tax credits; buildouts remain permit-dependent.

Original SEC Filing: Global Gas Corp \[ HGAS \] - 10-Q - May. 14, 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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