Quarterly ResultMay 13, 2026, 04:27 PM
Armlogi Q3 Revenue Down 9.1% to $41.7M; Net Loss Widens to $5.1M
AI Summary
Armlogi Holding Corp. reported a 9.1% decrease in total revenue to $41.7 million for the third quarter of fiscal year 2026, with a net loss widening to $5.1 million. For the first nine months, total revenue increased 2.3% to $142.7 million, but the net loss expanded to $15.4 million. The company saw strong growth in warehousing services but faced headwinds in transportation services due to market shifts and incurred temporary labor costs for inventory reorganization.
Key Highlights
- Q3 FY2026 total revenue decreased 9.1% year-over-year to $41.7 million.
- Q3 warehousing services revenue increased 7.3% year-over-year to $18.6 million.
- Q3 transportation services revenue decreased 19.1% year-over-year to $23.1 million.
- Q3 net loss widened to $5.1 million, or $(0.11) per basic and diluted share.
- Nine-month total revenue increased 2.3% year-over-year to $142.7 million.
- Nine-month net loss widened to $15.4 million, or $(0.35) per basic and diluted share.
- Cash and restricted cash stood at $7.1 million as of March 31, 2026, down from $13.6 million.
- PRC-based customers accounted for 76% of nine-month revenue, down from 87% in prior year.
Price Impact
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