Filing Flows › Artificial Intelligence Technology Solutions (AITX) › Q1 FY26
Artificial Intelligence Technology Solutions (AITX) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 15, 2025
Artificial Intelligence Technology Solutions (AITX) reported revenue of $1.9M for the first quarter fiscal 2026 (Q1 FY26), +57% from a year earlier and +0.1% from the quarter before. Operating margin was -171.4%, net loss $4.6M (247.7% of revenue).
Artificial Intelligence Technology Solutions, Q1 FY26: revenue $1.9M (+57% year over year), operating margin -171.4%, net loss $4.6M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +0.1% | +57% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$4.6M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $1.9M in Q1 FY26, up 57% year over year and roughly flat from the previous quarter.
Gross margin was 66.5%, up 8.6 points from a year earlier. Operating costs exceeded revenue by $3.2M, an operating margin of -171.4%. Operating expenses grew 25% against revenue growth of 57%. The fastest-growing cost line was Research & development (+34%). The quarter ended with a net loss of $4.6M, narrower than the previous quarter's $7.1M loss.
Operating cash flow was −$3.3M. Non-cash charges added back $482K of depreciation and amortization and $80K of share-based compensation. Working capital and other items added $710K. Capital expenditures of $8K exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Artificial Intelligence Technology Solutions' revenue in the first quarter fiscal 2026?
Artificial Intelligence Technology Solutions (AITX) reported revenue of $1.9M for the first quarter fiscal 2026 (Q1 FY26), +57% from a year earlier and +0.1% from the quarter before.
Was Artificial Intelligence Technology Solutions profitable in the first quarter fiscal 2026?
Operating loss was $3.2M (-171.4% of revenue) and net loss $4.6M.
Source: Artificial Intelligence Technology Solutions 10-Q on SEC EDGAR.