Aeries returns to profit in FY26 with net income of $3.5 million; revenue totals $70 million
Aeries Technology, Inc. Class A
Aeries Technology, Inc. Class A AERT | 0.00 |
- Aeries posts fiscal 2026 revenue of $70 million, swinging to net income of $3.5 million.
- Operating income turns positive at $4.5 million; operating cash flow rises to $6.8 million, marking a fourth straight positive quarter.
- SG&A expenses drop 72% to $12.8 million.
- Adjusted EBITDA climbs to $8.3 million; margin widens 18.5 percentage points to 11.9%.
- Reiterated fiscal 2027 outlook: revenue $80 million-$84 million, adjusted EBITDA $10 million-$12 million as demand for AI-embedded GCC models accelerates.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aeries Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606100830PRIMZONEFULLFEED9734754) on June 10, 2026, and is solely responsible for the information contained therein.
