Quarterhill Inc. reported robust Q1 2026 results, with revenue increasing 14% year-over-year to $38.6 million, driven by expansion in commercial vehicle and enforcement businesses.
Shares trade at $1.13, market cap $135.69 million, with a 63% YTD gain. The company posted its third consecutive positive Adjusted EBITDA quarter, signaling successful restructuring.
CEO Chuck Myers highlighted the strategic shift to an AI-first platform. A new $60 million credit facility provides flexibility for growth. Backlog stands at $428.8 million with a $2 billion pipeline.