Clarus Q1 FY26 net loss narrows to $3.3 million; sales rise 2.5% to $61.9 million

Clarus Corporation

Clarus Corporation

CLAR

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  • Clarus posted Q1 2026 net loss of USD 3.3 million, narrowing from USD 5.2 million, while sales rose 2.5% to USD 61.9 million.
  • Gross margin climbed to 36.8%, up 240 basis points.
  • Adjusted net results swung to income of USD 0.7 million from an adjusted loss of USD 1.2 million; adjusted EBITDA loss narrowed to USD 1.1 million from USD 1.4 million.
  • Board launched strategic review with Jefferies retained, including potential sale of all or part of business.
  • FY2026 outlook cut to sales of USD 245 million-USD 255 million and adjusted EBITDA of about USD 3 million-USD 5 million; Q2 sales seen at USD 51 million-USD 53 million with adjusted EBITDA loss of about USD 3 million.


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. Clarus Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605071615PRIMZONEFULLFEED9715922) on May 07, 2026, and is solely responsible for the information contained therein.

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