--- title: "Corvex, Inc. 1Q 2026: Revenue $510K, EPS ($3.13) — 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/286961017.md" description: "Corvex, Inc. reported Q1 2026 revenue of $510K, a 147.6% increase year-over-year, primarily from its AI cloud operations acquisition. Despite this growth, the company posted a net loss of $5.1M and a diluted EPS of ($3.13), reflecting ongoing integration costs. The shift from healthcare wearables to AI cloud computing is underway, with new platform offerings launched and investments in integration and scale-up." datetime: "2026-05-19T20:11:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286961017.md) - [en](https://longbridge.com/en/news/286961017.md) - [zh-HK](https://longbridge.com/zh-HK/news/286961017.md) --- # Corvex, Inc. 1Q 2026: Revenue $510K, EPS ($3.13) — 10-Q Summary Corvex, Inc. reported first-quarter 2026 results marked by revenue growth tied to its recent AI cloud operations acquisition, while remaining net loss and negative EPS reflected ongoing integration and investment costs. **Financial Highlights** Metric Current quarter Prior year quarter YoY change Revenue¹ $510K $206K 147.6% Net income² ($5.1M) ($5.18M) 1.5% Diluted EPS³ ($3.13) ($5.35) 41.5% _¹ Reported as “Total revenue”. ² Reported as “Net loss attributable to common stockholders”. ³ Reported as “loss per share, basic and diluted”._ **Business Highlights** - Revenue growth to $0.51M in Q1 2026 was driven by $0.475M from newly acquired AI cloud operations following the March 19, 2026 merger. - The company pivoted from legacy healthcare wearables to AI cloud computing as part of the merger and integration of Corvex OpCo. - Launched AI platform offerings including GPU clusters and confidential computing; Token Factory remains in development. - Integration and scale-up investments increased depreciation and G&A, with R&D and sales spending being reallocated to support the AI platform. Original SEC Filing: Corvex, Inc. \[ MOVE \] - 10-Q - May. 19, 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. ### Related Stocks - [MOVE.US](https://longbridge.com/en/quote/MOVE.US.md) ## Related News & Research - [ExlService Investor Day Spotlights AI Push, Double-Digit Growth Goals](https://longbridge.com/en/news/286654680.md) - [How Investors May Respond To American Healthcare REIT (AHR) Cutting 2026 Profit Outlook After Q1 Results](https://longbridge.com/en/news/286866277.md) - [Cisco lifts AI orders forecast to $9B, cuts 4,000 jobs](https://longbridge.com/en/news/286612020.md) - [Cisco Systems CEO Sees AI Fueling a “Networking Super Cycle”](https://longbridge.com/en/news/286851274.md) - [AI momentum and earnings strength fuel Wall Street rally](https://longbridge.com/en/news/286506652.md)