The software firm reported $1.84M in Q1 revenue and an 80% gross margin, up from 75% a year earlier.
RenoWorks Software reported a GAAP EPS of $0.00 for Q1, matching prior levels, while revenue reached $1.84M. Deferred revenue stood at $2,141,893 as of March 31, 2026, down from $2,436,650 at the end of 2025.
Gross margin improved to 80% from 75% in the same period last year, driven by higher-margin sales. The company did not provide additional guidance or commentary on forward expectations.
Shares of RW:CA showed limited movement following the release, reflecting investor focus on margin expansion over revenue growth.