Smart Powerr Corp. income statement CREG

Annual Quarterly

In Q1 of fiscal 2026, the quarter ended Mar 31, 2026, Smart Powerr Corp. reported revenue of $108,353, up 425.3% from the same quarter a year earlier. It recorded a net loss of $547,410. The operating loss came to $538,637, an operating margin of -497.1%. Diluted earnings per share were -$0.03.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Mar 31, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q4 FY2024 Dec 31, 2024	Q3 FY2024 Sep 30, 2024	Q2 FY2024 Jun 30, 2024
Revenue	0	0 +425.3%	0	0	0	0	—	—	—
Cost of revenue	0	0 +354.7%	0	0	0	0	—	—	—
Gross profit	0	0 +519.9%	0	0	0	0	—	—	—
Research and development	—	1	—	—	—	—	—	—	—
Selling, general and administrative	—	—	1 +88.3%	0 +36.9%	1 +199.9%	1 +461.9%	0 +79.8%	0 +28.2%	0 -6.3%
Operating expenses	—	1 -49.3%	1	0	1	1	—	—	—
Operating income	-2 -16.8%	-1 +53.7%	-1 -77.6%	-0 -13.4%	-1 -192.3%	-1 -457.7%	-0 -79.8%	-0 -28.2%	-0 +6.3%
Interest income	0 +29.0%	0 +170.4%	0 +48.9%	0 +20.5%	0 -20.8%	0 -67.9%	0 -28.6%	0 -43.1%	0 -49.8%
Interest expense	0	0 -41.7%	0 -68.1%	0 +15.5%	0	—	0	0	—
Other non-operating income (expense)	0 +54.5%	0 -69.9%	0 +223.8%	0 +100.0%	0	0 +962.1%	-0 -412.8%	-0 -100.2%	0 -100.0%
Pretax income	-2 -16.6%	-0 +44.2%	-0 +22.7%	-0 -12.5%	-1 -203.6%	-1 -220.2%	-1 -164.8%	-0 -79.9%	-0 -115.8%
Income tax	0 +135.7%	0 +115.0%	0 +742.7%	0 +58725.0%	0 +20800.0%	0 +139.2%	-0 +61.1%	-0 -100.0%	-0 -100.0%
Net income	-3 -18.5%	-1 +38.1%	-0 +22.5%	-0 -14.3%	-1 -203.8%	-1 -216.1%	-1 -165.3%	-0 -45.4%	-0 -65.3%
Basic EPS	-0.14 +40.0%	-0.03 +66.7%	-0.03 +49.7%	-0.08 -166.7%	-0.05 +0.0%	-0.09 -200.0%	-0.07 -133.2%	-0.03 -50.0%	-0.05 -66.7%
Diluted EPS	-0.14 +40.0%	-0.03 +66.7%	-0.03 +49.7%	-0.08 -166.7%	-0.05 +0.0%	-0.09 -200.0%	-0.07 -133.2%	-0.03 -50.0%	-0.05 -66.7%
Weighted average shares, basic	18 +97.5%	21 +110.0%	14 +54.3%	4 -54.3%	25 +193.3%	10 +25.8%	9 +13.7%	9 +9.2%	8 +7.1%
Weighted average shares, diluted	18 +97.5%	21 +110.0%	14 +54.3%	4 -54.3%	25 +193.3%	10 +25.8%	9 +13.7%	9 +9.2%	8 +7.1%
Other measures
Depreciation and amortization	—	—	—	0	0	—	—	—	—
EBITDA	—	—	—	-0	-1	—	—	—	—
Interest coverage	-6.32x	-8.88x	-11.03x	-1.86x	-4.08x	-11.17x	-1.98x	-1.89x	—
Margins
Gross margin	46.39%	50.46%	41.62%	48.68%	42.76%	42.76%	—	—	—
Operating margin	-682.92%	-497.11%	-691.53%	-235.07%	-1,648.02%	-5,635.83%	—	—	—
Pretax margin	-709.08%	-437.92%	-528.18%	-325.57%	-1,999.53%	-4,123.84%	—	—	—
Profit margin	-731.79%	-505.21%	-529.42%	-330.74%	-2,000.86%	-4,288.29%	—	—	—
EBITDA margin	—	—	—	-218.24%	-1,632.27%	—	—	—	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: CREG (OTC)
Fiscal year ends: December 31
Incorporated in: NV
Headquarters: Xi'An City, Shaanxi Province, China
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 721693
Former names: CHINA RECYCLING ENERGY CORP (until Feb 28, 2022); CHINA DIGITAL WIRELESS INC (until Mar 8, 2007); BOULDER ACQUISITIONS INC (until Aug 6, 2004); BOULDER BREWING CO (until Jan 28, 2002)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.