Nuvve Q1 FY26 net loss narrows 25% to $5.17 million; revenue rises 49% to $1.39 million - NVVE News | RalliesNuvve Q1 FY26 net loss narrows 25% to $5.17 million; revenue rises 49% to $1.39 million
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NVVE• Q1 FY26 results
- Nuvve posted a net loss of USD 5.6 million, narrowing 18.5% year over year.
- Revenue rose 49.1% to USD 1.39 million, led by services of USD 706,361, which more than doubled.
- Operating loss widened 4.6% to USD 5.84 million as operating expenses climbed 11% to USD 7.24 million.
- Interest expense, net fell 79% to USD 112,508, while other income swung to USD 240,514 from a loss a year earlier.
- Backlog totaled USD 4.4 million, expected to convert to revenue from 2026 through 2027.
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