What is Corvex 's AI platform and services — operating income?

Corvex (MOVE) reported AI platform and services — operating income of -$1.64M in Q1 2026.

What does AI platform and services — operating income mean?

Calculated as the segment revenue minus the cost of revenue and all operating expenses, including R&D, sales, and G&A. This is the primary measure of the profitability of the AI platform business before interest and taxes. It indicates the segment's ability to generate profit from its core operations.

Corvex MOVE AI Platform And Services — Operating Income

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Other financials

Income statement

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Revenue$510.0K+148%

Gross profit-$945.0K-107%

Operating income-$4.8M+7.5%

Net income-$5.0M+3.3%

EPS (diluted)-$3.13+41.5%

Balance sheet

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Cash & equivalents$28.9M+4,126%

Total debt$22.8M+3,165%

Total equity$576.0M+17,711%

Total assets$604.5M+7,684%

Cash flow

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Operating cash flow-$4.3M+0.3%

CapEx$6.2M—

Free cash flow-$10.5M—

Valuation

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Market cap$43M+583%

Enterprise value$36.84M+427%

P/S58.3×+45.0×

Profitability

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Gross margin-424.9%-2,244pp

Operating margin-2,050.5%-817pp

Net margin-2,457.5%-909pp

FCF margin-2,175.8%—

Returns & leverage

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Return on equity-6.3%—

Debt / equity0×-0.2×

Current ratio2.1×+0.4×

Where this comes from

Reported directly by Corvex in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Corvex ’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corvex 's AI platform and services — operating income?: Corvex (MOVE) reported AI platform and services — operating income of -$1.64M in Q1 2026.
What does AI platform and services — operating income mean?: Calculated as the segment revenue minus the cost of revenue and all operating expenses, including R&D, sales, and G&A. This is the primary measure of the profitability of the AI platform business before interest and taxes. It indicates the segment's ability to generate profit from its core operations.