Earnings ·
1847 Holdings LLC reported second quarter 2026 financial results and provided an update on the sale process for its…
LBRA1847 Holdings LLC
1847 Holdings LLC reported second quarter 2026 financial results and provided an update on the sale process for its CMD segment. The company is evaluating four non-binding offers for CMD, each valuing the business at approximately $65 million, which represents roughly 3.5 times the $18.8 million purchase price paid in December 2024. If a transaction closes within approximately 60 days of executing definitive agreements, proceeds will be used to repay debt and strengthen continuing operations. For the quarter ended June 30, 2026, revenue from continuing operations was $1.57 million, down from $1.79 million in the prior year period. Gross margin expanded approximately 600 basis points to 45.4%, while operating expenses declined 29% year-over-year. Operating loss improved 57% to approximately $459,000 compared to $1.1 million in Q2 2025. Net loss from continuing operations was $5.9 million, primarily due to a $3.1 million non-cash loss on warrant liabilities. The company generated $712,000 of positive operating cash flow from continuing operations in the first half of 2026. 1847 Holdings LLC is a diversified acquisition holding company focused on identifying and monetizing overlooked, deep-value businesses.