--- title: "HeartCore Enterprises, Inc. 1Q 2026: Revenue $1.25M, EPS $(1.49) — 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/286567619.md" description: "HeartCore Enterprises, Inc. reported Q1 2026 revenue of $1.25M, down 40.5% YoY, with a net loss of $1.9M and diluted EPS of $(1.49). The company shifted focus from its Japan software business to U.S. IPO advisory, engaging 16 clients. Operationally, it sold its Japan subsidiary and regained Nasdaq compliance through a reverse split and a $2M share repurchase program." datetime: "2026-05-15T12:41:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286567619.md) - [en](https://longbridge.com/en/news/286567619.md) - [zh-HK](https://longbridge.com/zh-HK/news/286567619.md) generator: "portal-rs" --- # HeartCore Enterprises, Inc. 1Q 2026: Revenue $1.25M, EPS $(1.49) — 10-Q Summary HeartCore Enterprises, Inc. reported first-quarter 2026 results showing revenue of $1.25M and a net loss attributable to common shareholders of $1.9M, or diluted EPS of $(1.49), reflecting revenue declines and narrower losses versus the year-ago quarter — 10-Q Summary. **Financial Highlights** - Revenue: $1.246M for Q1 2026, down from $2.093M in the year-ago quarter ( (40.5%) YoY). - Net income: Net loss attributable to common shareholders $1.900M for Q1 2026, improved from a loss of $3.087M in Q1 2025 (loss narrowed YoY). - Diluted EPS: $(1.49) for Q1 2026, versus $(2.80) in the year-ago quarter (improved YoY). **Business Highlights** - Strategic shift: Company transitioned away from its Japan software business to focus on U.S. listings advisory, targeting Japanese companies seeking U.S. IPOs. - Revenue trend: Revenues declined roughly 40% year-over-year, driven by decreased customized software development sales and increased competition in the U.S. market. - Client pipeline and fee structure: Engaged 16 IPO clients; consulting fees range from $380K to $900K plus warrants equal to 1%–4% of issuers’ diluted equity. - Operational actions: Completed sale of its Japan software subsidiary on Oct. 31, 2025, and implemented cost controls at HeartCore Luvina. - Corporate and market actions: Regained Nasdaq minimum bid compliance, completed a 1-for-20 reverse split and initiated a $2M share repurchase program. Original SEC Filing: HeartCore Enterprises, Inc. \[ HTCR \] - 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. ### Related Stocks - [HTCR.US](https://longbridge.com/en/quote/HTCR.US.md) ## Related News & Research - [Starfighters Space, Inc. GAAP EPS of -$0.24](https://longbridge.com/en/news/296400745.md) - [INVEST: Revenue and profit dropped sharply in H1 2026, with 2026 outlook remaining subdued](https://longbridge.com/en/news/296439091.md) - [Stockholder Alert: Robbins LLP Informs Investors of the AEVEX Corp. Class Action](https://longbridge.com/en/news/296658829.md) - [Virtuix Holdings Inc. GAAP EPS of -$0.22 misses by $0.08, revenue of $0.8M misses by $0.25M](https://longbridge.com/en/news/296440082.md) - [PicS Q2 2026 Earnings Preview](https://longbridge.com/en/news/296709997.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**