Trutankless, Inc. 2026: Revenue $538.67K, EPS ($0.02) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Trutankless, Inc. reported Q2 2026 results with revenue surging 470.3% to $538.67K, driven by Gen 3 residential product sales. However, the company posted a net loss of ($3.44M) and diluted EPS of ($0.02), widening from prior year figures. The firm expanded distribution through Home Depot Pro and Ferguson, launched new smart-home features, and scaled operations via U.S. contract manufacturing.
Trutankless, Inc. reported results for the 2026 quarter with revenue rising to $538.67K while the company recorded a net loss of ($3.44M) and diluted loss per share of ($0.02) versus ($1.24M) and ($0.01) in the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $538.67K | $94.45K | 470.3% |
| Net income² | ($3.44M) | ($1.24M) | (176.2%) |
| Diluted EPS³ | ($0.02) | ($0.01) | (100%) |
¹ Reported as “Net sales”. ² Reported as “Net income (loss)”. ³ Reported as “loss per share - basic and diluted”.
Business Highlights
- Revenue growth was driven by sales of the Gen 3 residential product, lifting H1 2026 sales to $1.48M from $524.5K in H1 2025.
- Company continued to expand channels through wholesale plumbing distributors, including Home Depot Pro and Ferguson, plus regional partners.
- Launched Gen 3 trutankless units and increased R&D investment for a new controller card, wireless connectivity and app integration to support smart-home positioning.
- Operational scaling included added sales and office staff and manufacturing through a U.S. contract manufacturer with warehousing in Phoenix to support distribution, with focus on Sunbelt markets such as FL, TX and AZ.
Original SEC Filing: Trutankless, Inc. [ TKLS ] - 10-Q - Aug. 19, 2026