Key Takeaways
- Nature's Miracle Holding Inc. (OTCID: NMHI) reported net income of approximately $2.85 million for Q1 2026, compared to a net loss of $(2.02) million in Q1 2025, driven primarily by a $5.0 million gain on debt settlement.
- Total assets increased to approximately $21.5 million as of March 31, 2026, up from $20.4 million at year-end 2025, while current liabilities fell to $18.9 million from $23.3 million over the same period.
- Accounts payable decreased to approximately $3.5 million from $9.7 million at December 31, 2025, and shareholders' deficit improved to approximately ($9.3 million) from ($12.7 million).
- On May 21, 2026, Nature's Miracle announced a Letter of Intent to acquire a 55% equity interest in CM Fabrication, CEA Studios, and CM E-Commerce, gaining access to a 500,000-square-foot advanced manufacturing facility in Illinois.
- The three target companies generated approximately $8.6 million in revenue in fiscal 2025 and are projected to reach $18.2 million in revenue and $3.6 million in EBITDA in 2026.
Nature's Miracle Reports Q1 2026 Net Income of $2.85 Million
Nature's Miracle Holding Inc. (OTCID: NMHI), a company active in controlled environment agriculture, vertical farming, and infrastructure solutions, has reported financial results for the first quarter ended March 31, 2026. The company posted net income of approximately $2.85 million for the quarter, reversing a net loss of approximately $(2.02) million in Q1 2025. The swing was primarily attributable to a $5.0 million gain on debt settlement rather than operating performance. Fully diluted earnings per share for the quarter were approximately $0.01, compared to a diluted loss per share of $(0.43) in Q1 2025.
Balance Sheet Movements in the Quarter
Total assets increased to approximately $21.5 million as of March 31, 2026, up from $20.4 million at December 31, 2025. Property and equipment grew to approximately $19.2 million, which the company attributed to continued investment in infrastructure and operational capabilities.
Current liabilities decreased to approximately $18.9 million from $23.3 million at year-end 2025. Accounts payable fell to approximately $3.5 million from $9.7 million at December 31, 2025. Shareholders' deficit improved to approximately ($9.3 million) from ($12.7 million) at the prior year-end.
“Achieving approximately $2.8 million in net income during the first quarter of 2026 represents an important milestone for Nature's Miracle as we continue transforming the Company into a diversified infrastructure and advanced manufacturing platform. We believe our strategic initiatives in AI infrastructure, drone manufacturing and controlled environment agriculture position us for long-term growth opportunities,” said Tie “James” Li, Chairman and CEO of Nature's Miracle.
Nature's Miracle Signs LOI for 55% Stake in Illinois Manufacturing Group
On May 21, 2026, subsequent to the quarter end, Nature's Miracle announced a Letter of Intent to acquire a 55% equity interest in three companies: CM Fabrication LLC, CEA Studios, and CM E-Commerce LLC. The proposed transaction would provide access to a 500,000-square-foot advanced manufacturing facility in Illinois.
Nature's Miracle states the acquisition is expected to expand its capabilities in US-based drone manufacturing and precision fabrication, support growth in AI data center infrastructure, energy, and horticulture markets, and position the company for future public market expansion. The three target companies generated approximately $8.6 million in combined revenue in fiscal 2025 and are projected to reach approximately $18.2 million in revenue and $3.6 million in EBITDA in 2026. These projections are provided by Nature's Miracle and have not been independently verified. The transaction remains subject to execution of a definitive agreement and customary closing conditions.
