Filing Flows › Artificial Intelligence Technology Solutions (AITX) › Q2 FY27
Artificial Intelligence Technology Solutions (AITX) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Oct 20, 2026
Artificial Intelligence Technology Solutions (AITX) reported revenue of $2.0M for the second quarter fiscal 2027 (Q2 FY27), +5% from a year earlier and +8% from the quarter before. Operating margin was -135.0%, net loss $6.8M (344.4% of revenue).
Artificial Intelligence Technology Solutions, Q2 FY27: revenue $2.0M (+5% year over year), operating margin -135.0%, net loss $6.8M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +8% | +5% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$6.8M | — | -996% |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $2.0M in Q2 FY27, up 5% year over year and up 8% from the previous quarter.
Gross margin was 53.6%, down 17.7 points from Q2 FY26. Operating costs exceeded revenue by $2.7M, an operating margin of -135.0%. Operating expenses grew 2% against revenue growth of 5%. The fastest-growing cost line was Research & development (+16%). The quarter ended with a net loss of $6.8M, wider than the previous quarter's $5.7M loss. Net interest and other expense of $4.2M was the main reason.
Operating cash flow was −$2.1M. Non-cash charges added back $569K of depreciation and amortization and $34K of share-based compensation. Working capital and other items added $4.2M.
Questions
What was Artificial Intelligence Technology Solutions' revenue in the second quarter fiscal 2027?
Artificial Intelligence Technology Solutions (AITX) reported revenue of $2.0M for the second quarter fiscal 2027 (Q2 FY27), +5% from a year earlier and +8% from the quarter before.
Was Artificial Intelligence Technology Solutions profitable in the second quarter fiscal 2027?
Operating loss was $2.7M (-135.0% of revenue) and net loss $6.8M.
Source: Artificial Intelligence Technology Solutions 10-Q on SEC EDGAR.