uCloudlink Q1 FY26 net loss widens to US$3.5 million; revenue falls 10.1% to US$16.9 million

• uCloudlink posted a net loss of US$3.5 million for first-quarter 2026, widening from US$0.6 million a year earlier; loss from operations widened to US$3.5 million from US$0.5 million.
• Revenue fell 10.1% to US$16.9 million from a year earlier, while gross profit dropped 14.6% to US$8.3 million.
• Data connectivity services revenue declined to US$10.4 million, driven by international data connectivity services sliding to US$8.5 million on lower outbound travelers from China amid a volatile international situation.
• Average daily active users rose 10.2% to 354,789, even as GlocalMe MeowGo average DAU fell 5.8% to 284,445.
• Second-quarter revenue forecast set at US$19.5 million to US$22.5 million, implying 0.5% to 16.0% growth from a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. uCloudlink Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605130430PRIMZONEFULLFEED9719252) on May 13, 2026, and is solely responsible for the information contained therein.