Quarterly ResultJun 18, 2026, 08:37 AM
Earth Science Tech FY2026 Revenue $35.7M, Net Income $3.6M
AI Summary
Earth Science Tech, Inc. reported strong fiscal year-end financial results for March 31, 2026, with revenue increasing 8% to $35.7 million and net income rising 11% to $3.6 million. The company also grew total assets by 27% to $9.0 million, generated positive operating cash flow, and strengthened its balance sheet without adding debt. Additionally, ETST repurchased and retired over 7.1 million shares of common stock during fiscal 2026 and subsequent to year-end, including 3.1 million shares in Q1 2027.
Key Highlights
- Revenue increased 8% to $35.7 million for the fiscal year ended March 31, 2026.
- Net income grew 11% to $3.6 million for the fiscal year.
- Gross profit rose 5% to $25.5 million.
- Total Assets increased 27% to $9.0 million as of March 31, 2026.
- Repurchased and retired 4,023,296 shares of common stock in FY2026.
- Repurchased over 3.1 million shares in fiscal Q1 2027.
- Generated positive operating cash flow and strengthened balance sheet without adding debt.
- Basic and Diluted EPS was $0.012 for FY2026, up from $0.011.
Price Impact
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