Aeries Technology posted QQ3 2026 revenue of $17.46 million with a gross profit of $3.34 million, yielding a gross margin of 19.1%. EBITDA stood at $0.772 million and net income at $1.076 million, translating to basic EPS of $0.022. On a QoQ basis, revenue rose 0.58% (vs. $17.36 million in QQ2 2026), while YoY revenue declined 0.83%. The company delivered positive operating cash flow of $2.37 million and ending cash of $2.57 million, supported by ongoing capital investments and working capital movements. However, the quarter sits within a broader sequence where the last four quarters show a slight YoY revenue dip and a meaningful YoY decline in gross profit and net income, signaling margin headwinds despite improving quarterly profitability in the latest period.
Key Performance Indicators
Revenue
Decreasing
17.46M
QoQ: 0.58% | YoY: -0.83%
Gross Profit
Decreasing
3.34M
19.14% margin
QoQ: -33.45% | YoY: -17.32%
Operating Income
Increasing
772.00K
QoQ: -61.11% | YoY: 114.97%
Net Income
Decreasing
1.08M
QoQ: -51.75% | YoY: -64.76%
EPS
Decreasing
0.02
QoQ: -53.08% | YoY: -72.38%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue: QQ3 2026 $17.46M; QoQ +0.58%, YoY -0.83%
Gross Profit: QQ3 2026 $3.34M; Gross Margin 19.14%; QoQ margin compression vs QQ2 2026 (-33.45%), YoY -17.32%
Operating Income / EBITDA: EBITDA $0.772M; Operating Income $0.772M; EBITDA Margin ~4.42%; Operating Margin ~4.42%; YoY operating income up ~115% but QoQ down sharply due to mix/cost dynamics
Net Income / EPS: Net Income $1.076M; Net Margin 6.17%; EPS $0.0221; YoY EPS -72.38%, QoQ -53.08%
Cash Flow & liquidity: Net cash provided by operating activities $2.368M; Capex $0.631M; Free cash flow reported $2.999M (note potential data inconsistency vs CFO and capex); Cash at end of period $2.57M; Net change in cash $0.704M; No long-term debt disclosed in the period
Shareholder metrics: Weighted average shares 48.758M; Diluted 48.758M
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
17.46M
-0.83%
0.58%
Gross Profit
3.34M
-17.32%
-33.45%
Operating Income
772.00K
114.97%
-61.11%
Net Income
1.08M
-64.76%
-51.75%
EPS
0.02
-72.38%
-53.08%
Key Financial Ratios
Management Insights Available for Members
Get exclusive access to management commentary, earnings call quotes, and forward guidance from company leadership.