Rubber Leaf Inc reported first-quarter 2026 results with revenue of $3.26M and net income of $244.1K, compared with no revenue and a net loss of $(345.3K) in the year-ago quarter, as the company resumed sales following a prior-period disruption.
Financial Highlights
- Revenue was $3.26M for Q1 2026, versus $0 in Q1 2025; YoY change 100% (company resumed sales after prior-period disruption).
- Net income was $244.1K for Q1 2026, versus a net loss of $(345.3K) in Q1 2025; YoY improvement of $589.4K.
- Diluted EPS was $0.01 for Q1 2026, versus $(0.01) in Q1 2025.
Business Highlights
- Revenue growth in the quarter was driven by resumed operations and the establishment of a new Hong Kong entity as the primary operating subsidiary.
- The company transitioned primary operations from its PRC subsidiary (RLSP) to Hong Kong subsidiary RLHK, transferring principal orders and contracts and completing disposition of RLSP (sold Oct. 28, 2025).
- Rubber Leaf continues to serve OEMs as a first-tier supplier and supports second-tier channels via related parties and contract manufacturing, maintaining on-site supervision, outsourced manufacturing oversight, and strict final quality inspections.
Original SEC Filing:
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.