Filing Flows › Aeries Technology (AERT) › Q1 FY27
Aeries Technology (AERT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 10, 2026
Aeries Technology (AERT) reported revenue of $21.9M for the first quarter fiscal 2027 (Q1 FY27), +43% from a year earlier and +10% from the quarter before. Operating margin was 15.3%, net earnings $1.9M (8.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.9M | +10% | +43% |
| Gross profit | $6.4M | +24% | +69% |
| Operating profit | $3.4M | +258% | +310% |
| Net earnings | $1.9M | — | +23% |
| Operating cash flow | $4.8M | +140% | +252% |
| Free cash flow | $4.5M | +158% | +309% |
What changed
Revenue was $21.9M in Q1 FY27, up 43% year over year and up 10% from the previous quarter.
Gross margin was 29.1%, up 4.5 points from Q1 FY26. Operating profit was $3.4M, a 15.3% margin (up 10.0 points year over year). Of the extra revenue versus Q1 FY26, 39% reached operating profit, above the 5% margin then. Operating expenses grew 2% against revenue growth of 43%. Net earnings were $1.9M, up 23% year over year. The effective tax rate was 28.4%.
Operating cash flow was $4.8M (up 252% year over year), 218% of net income including minority interests. Non-cash charges added back $224K of depreciation and amortization and $710K of share-based compensation. Working capital and other items added $1.7M. Capital expenditures of $279K left free cash flow of $4.5M.
Questions
What was Aeries Technology's revenue in the first quarter fiscal 2027?
Aeries Technology (AERT) reported revenue of $21.9M for the first quarter fiscal 2027 (Q1 FY27), +43% from a year earlier and +10% from the quarter before.
Was Aeries Technology profitable in the first quarter fiscal 2027?
Operating profit was $3.4M (15.3% of revenue) and net earnings $1.9M.
Source: Aeries Technology 10-Q on SEC EDGAR.