Giftify GAAP EPS of -$0.08, revenue of $21.35M

* Giftify press release [https://seekingalpha.com/pr/20510971-giftify-inc-reports-first-quarter-2026-financial-results-gross-billings-grow-25-percent-to-45] (GIFT [https://seekingalpha.com/symbol/GIFT]): Q1 GAAP EPS of -$0.08.
* Revenue of $21.35M.
*
Gross profit for Q1 2026 increased 18.5% to $4.2 million from $3.6 million in Q1 2025. Gross margin expanded 380 basis points to 19.9% from 16.1%, driven by the favorable impact of an increased proportion of agent transactions and continued pricing and operational efficiencies.

Selling, general and administrative expenses were $6.2 million for Q1 2026, compared to $6.0 million in Q1 2025. The change reflects increased employee compensation, legal and professional fees, and other general expenses, partially offset by a $606,865 reduction in stock-based compensation expense.

Loss from operations was $2.7 million for Q1 2026, compared to $3.2 million in Q1 2025, an improvement of 15.8%. Interest expense declined 44.3% to $116,715 from $209,571 in Q1 2025, reflecting the Company’s reduced debt balance.

MORE ON GIFTIFY

* Giftify GAAP EPS of -$0.35, revenue of $83.2M [https://seekingalpha.com/news/4566088-giftify-gaap-eps-of-0_35-revenue-of-83_2m]
* Giftify says FY25 net sales were $83.2M [https://seekingalpha.com/news/4565802-giftify-says-fy25-net-sales-were-832m]
* Seeking Alpha’s Quant Rating on Giftify [https://seekingalpha.com/symbol/GIFT/ratings/quant-ratings]
* Historical earnings data for Giftify [https://seekingalpha.com/symbol/GIFT/earnings]
* Financial information for Giftify [https://seekingalpha.com/symbol/GIFT/income-statement]