Quarterly ResultMay 13, 2026, 04:07 PM
AtlasClear Q3 Revenue +65% to $4.2M; Equity to $22.3M
AI Summary
AtlasClear Holdings, Inc. reported strong financial results for its fiscal third quarter ended March 31, 2026, with revenue increasing 65% year-over-year to $4.2 million. Fiscal year-to-date revenue grew 67% to $13.5 million, and the company achieved a net income of $4.4 million, or $0.05 per diluted share. Significant balance sheet improvements were noted, including a reduction of legacy de-SPAC liabilities by over 95% and an increase in stockholders' equity to $22.3 million from a prior deficit. Operationally, AtlasClear signed or is onboarding five new correspondent relationships and is progressing with strategic acquisitions.
Key Highlights
- Q3 2026 revenue increased 65% year-over-year to $4.2 million.
- Fiscal year-to-date revenue increased 67% to $13.5 million.
- Fiscal year-to-date net income was $4.4 million, or $0.05 per diluted share.
- Legacy de-SPAC liabilities reduced by over 95% to under $1 million.
- Stockholders' equity improved to $22.3 million from a $(6.8) million deficit.
- Stock locate and securities lending revenue reached $3.0 million year-to-date.
- Signed or actively onboarding five correspondent clearing relationships.
- Submitted application for Commercial Bancorp of Wyoming acquisition.