Table Trac (TBTC) Q1 2026 earnings summary

Executive summary

• Delivered and installed three new systems and upgraded three existing systems in Q1 2026, serving over 115 casino operators in 300+ casinos worldwide.

• U.S. sales accounted for 95.1% of total revenues in Q1 2026.

• Continued expansion of intellectual property portfolio, including new patent filings for AI-based and data-driven casino management technologies.

• Three system contracts remained in backlog as of March 31, 2026, expected to be installed in Q2 2026.

Financial highlights

• Revenues increased to $3,914,339 in Q1 2026 from $3,535,933 in Q1 2025.

• Net income rose to $971,489 from $782,239 year-over-year.

• Gross profit margin decreased to 68.0% from 73.6% due to higher labor costs on complex installations.

• Basic and diluted EPS were $0.21, up from $0.17 in Q1 2025.

• System revenue rose to $1,740,000 and maintenance revenues to $1,540,000 in Q1 2026.

Outlook and guidance

• Management expects adequate liquidity for at least the next 12 months, with no material trends expected to impact liquidity.

• All three system contracts in backlog as of March 31, 2026, are anticipated to be installed in Q2 2026.