HeartCore Q2 Revenue Rises 71.6% to $321,000, but Net Loss Swings to $2.0 Million
HeartCore Enterprises reported second-quarter 2026 results with revenue up 71.6% to $321,000, while the company posted a net loss of $2.0 million, compared with net income of $1.1 million a year earlier. The company also said it completed the divestiture of Sigmaways and agreed to sell its 51% stake in HeartCore Luvina, and that it regained Nasdaq minimum bid price compliance.
Key points
- Q2 2026 revenue rose to $321,000 from $187,000, driven by software development services, partly offset by lower Go IPO consulting revenue.
- Q2 2026 net loss was $2.0 million versus net income of $1.1 million, with gross loss of $70,000 and a shift from other income to other expenses.
- Six-month net loss widened to $4.0 million from $2.1 million; cash and cash equivalents were $587,000 as of June 30, 2026.
- The company has agreed to divest its 51% equity interest in HeartCore Luvina to Luvina Software Joint Stock Company and completed the Sigmaways divestiture.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.