Filing Flows › Aeries Technology (AERT) › Q1 FY27 › vs Q4 FY26
Aeries Technology (AERT) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Aeries Technology's revenue rose $2.1M (+10%) from $19.9M in Q4 FY26 to $21.9M in Q1 FY27. Gross margin 29.1% against 26.0% (+3.1 pts).
Aeries Technology, Q1 FY27: revenue $21.9M (+43% year over year), operating margin 15.3%, net earnings $1.9M, operating cash flow $4.8M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 29.1% | 26.0% | +3.1 pts |
| Operating margin | 15.3% | 4.7% | +10.6 pts |
| Net margin | 8.8% | -1.4% | +10.2 pts |
| Free cash flow margin | 20.7% | 8.9% | +11.9 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $21.9M | $19.9M | $2.1M | +10% |
| Gross profit | $6.4M | $5.2M | $1.2M | +24% |
| Cost of revenue | $15.5M | $14.7M | $831K | +6% |
| Operating profit | $3.4M | $939K | $2.4M | +258% |
| Operating expenses | $3.0M | $4.2M | −$1.2M | -28% |
| Pre-tax earnings | $3.1M | $417K | $2.7M | +641% |
| Other expense, net | $268K | $522K | −$254K | -49% |
| Net earnings | $1.9M | −$280K | $2.2M | — |
| Minority interests | $277K | $197K | $80K | +41% |
| Income tax | $878K | $500K | $378K | +76% |
| Depreciation & amortization | $224K | $217K | $7K | +3% |
| Share-based compensation | $710K | $0 | $710K | — |
| Working capital & other | $2.0M | $2.1M | −$120K | -6% |
| Operating cash flow | $4.8M | $2.0M | $2.8M | +140% |
| Free cash flow (OCF − capex) | $4.5M | $1.8M | $2.8M | +158% |
| Capital expenditures | $279K | $248K | $31K | +12% |
Questions
How much did Aeries Technology's revenue grow quarter over quarter in Q1 FY27?
Aeries Technology's revenue rose $2.1M (+10%) from $19.9M in Q4 FY26 to $21.9M in Q1 FY27. Gross margin 29.1% against 26.0% (+3.1 pts).