Aeries Technology FY2026 Net Income $3.5M vs Loss $21.6M; Adj. EBITDA $8.3M
Aeries Technology, Inc. reported a significant turnaround in its financial performance for the fiscal year ended March 31, 2026. The company achieved positive net income of $3.5 million and income from operations of $4.5 million, a substantial improvement from the previous fiscal year's losses. Adjusted EBITDA also saw a strong rebound to $8.3 million, exceeding guidance. The company generated positive operating cash flow of $6.8 million and reiterated its financial outlook for fiscal year 2027, projecting revenue between $80 million and $84 million and Adjusted EBITDA between $10 million and $12 million. A key strategic highlight was the launch of the AeriesOne A1 GCC Platform, incorporating AI-enabled automation.
Key Highlights
- Aeries Technology FY2026 revenue was $70 million, a slight decrease of 0% YoY.
- Income from operations improved significantly to $4.5 million in FY2026 from a loss of $28.8 million in FY2025.
- Net income turned positive at $3.5 million in FY2026, compared to a net loss of $21.6 million in FY2025.
- Adjusted EBITDA was $8.3 million in FY2026, exceeding guidance and improving from a loss of $4.7 million in FY2025.
- Operating cash flow was positive $6.8 million in FY2026, a significant turnaround from negative $1.0 million in FY2025.
- The company reiterated its FY2027 guidance for revenue between $80 million and $84 million and Adjusted EBITDA between $10 million and $12 million.
- Launched the AeriesOne A1 GCC Platform, integrating AI-enabled automation into GCC operations.
Price Impact
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