Filing Flows › Artificial Intelligence Technology Solutions (AITX) › Q1 FY27
Artificial Intelligence Technology Solutions (AITX) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 14, 2026
Artificial Intelligence Technology Solutions (AITX) reported revenue of $1.8M for the first quarter fiscal 2027 (Q1 FY27), -1% from a year earlier and -8% from the quarter before. Operating margin was -148.0%, net loss $5.7M (312.1% of revenue).
Artificial Intelligence Technology Solutions, Q1 FY27: revenue $1.8M (-1% year over year), operating margin -148.0%, net loss $5.7M, operating cash flow −$2.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | -8% | -1% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$5.7M | — | — |
| Operating cash flow | −$2.8M | — | — |
What changed
Revenue was $1.8M in Q1 FY27, down 1% year over year and down 8% from the previous quarter.
Gross margin was 64.6%, down 1.9 points from Q1 FY26. Operating costs exceeded revenue by $2.7M, an operating margin of -148.0%. Operating expenses fell 12% while revenue fell 1%. The quarter ended with a net loss of $5.7M, narrower than the previous quarter's $5.9M loss. Net interest and other expense of $3.0M was the main reason.
Operating cash flow was −$2.8M. Non-cash charges added back $546K of depreciation and amortization and $61K of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $16K exceeded it, leaving free cash flow of −$2.8M.
Questions
What was Artificial Intelligence Technology Solutions' revenue in the first quarter fiscal 2027?
Artificial Intelligence Technology Solutions (AITX) reported revenue of $1.8M for the first quarter fiscal 2027 (Q1 FY27), -1% from a year earlier and -8% from the quarter before.
Was Artificial Intelligence Technology Solutions profitable in the first quarter fiscal 2027?
Operating loss was $2.7M (-148.0% of revenue) and net loss $5.7M.
Source: Artificial Intelligence Technology Solutions 10-Q on SEC EDGAR.