QuoteMedia, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 12, 2026, reporting third-quarter revenue of $5,601,427 and a net loss of $157,555.

Key Highlights

  • Q3 2026 revenue of $5,601,427 compared to $5,154,555 in Q3 2025, according to the filing.
  • Q3 2026 net loss of $157,555 improved from a net loss of $367,192 in the same quarter of the prior year, the filing disclosed.
  • Nine-month revenue of $16,581,826 for the period ended September 30, 2026, versus $14,908,122 for the same period in 2025, per the filing.
  • Accumulated deficit reached $24,645,917 as of September 30, 2026, up from $23,505,303 at December 31, 2025, the filing stated.
  • Total stockholders' deficit was $(1,956,956) at September 30, 2026, compared to $(840,342) at December 31, 2025, according to the balance sheet.
  • 90,477,798 shares of common stock were issued and outstanding as of November 4, 2026, the filing reported.
  • Cash and cash equivalents of $393,633 at September 30, 2026, up from $319,889 at December 31, 2025, per the filing.

QuoteMedia Reports Narrower Loss and Higher Revenue in Third Quarter of 2026

According to the Form 10-Q filed by QuoteMedia, Inc. (OTC:QMCI) for the quarterly period ended September 30, 2026, the company reported third-quarter revenue of $5,601,427, an increase from $5,154,555 in Q3 2025. Gross profit for the quarter was $3,037,502, compared to $2,498,384 in the prior-year quarter. The company's cost of revenue decreased to $2,563,925 from $2,656,171 year over year, the filing disclosed.

Total operating expenses for Q3 2026 were $3,160,988, versus $2,872,760 in Q3 2025. Software development costs were the largest component of operating expenses, rising to $1,571,550 from $1,340,225 in the year-ago quarter, according to the filing. The operating loss for the quarter narrowed to $123,486 from $374,376 in Q3 2025. For the nine months ended September 30, 2026, the operating loss was $1,124,440, compared to $1,541,178 for the same period in 2025, the filing stated.

On the balance sheet, the registrant reported total assets of $4,884,839 and total liabilities of $6,841,795 as of September 30, 2026. Capitalized internal-use software development costs, net, declined to $2,108,817 from $3,405,884 at December 31, 2025, the filing noted. Accounts payable and accrued liabilities rose to $5,142,776 from $4,569,306 over the same period. Stock-based compensation of $24,000 was recorded in additional paid-in capital during the nine-month period ended September 30, 2026, per the filing.

What Was Disclosed

QuoteMedia, Inc. disclosed its unaudited condensed consolidated financial statements for Q3 2026, covering revenue, expenses, net loss, balance sheet position, and share count, as a smaller reporting company incorporated in Nevada and headquartered in Fountain Hills, AZ.