Hestia Insight Swings to $3,152 Profit in Q1 2026 Despite Zero Revenue

Hestia Insight Inc., a Nevada-incorporated company, swung to a profit of $3,152 for the three months ending February 28, 2026, compared to a net loss of $392,295 in the year-ago quarter. The company reported no revenue in either period. Read more earnings reports.

Operating expenses dropped 64% to $39,326 from $110,669 a year earlier, driving the turnaround. The company's operating loss narrowed to $39,326 from $110,669 in the prior-year quarter.

Cash and cash equivalents fell to $17,084 at quarter end from $28,871 at November 30, 2025. The company burned $36,787 in cash from operations during the quarter, slightly worse than the $36,047 consumed in the year-ago period.

Hestia Insight raised $25,000 from financing activities during the quarter, matching the amount brought in during the same period last year. The company deployed no cash for investing activities, compared to $7,845 generated from investing in the year-ago quarter.

Total assets increased to $429,122 from $395,131 at the end of fiscal 2025. Total liabilities climbed to $309,088 from $278,245, while stockholders' equity edged up to $120,034 from $116,886.

The company's retained deficit narrowed to $1,054,618 from $1,057,766 at November 30, 2025. Shares outstanding remained flat at 27.9 million.

Basic and diluted earnings per share came in at $0.001, compared to a loss of $0.014 per share in the year-ago quarter, based on 27.9 million weighted average shares outstanding in both periods.