Filing Flows › Aeluma (ALMU) › Q2 FY26
Aeluma (ALMU) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 11, 2026
Aeluma (ALMU) reported revenue of $1.3M for the second quarter fiscal 2026 (Q2 FY26), -21% from a year earlier and -8% from the quarter before. Operating margin was -163.6%, net loss $1.9M (145.7% of revenue).
Aeluma, Q2 FY26: revenue $1.3M (-21% year over year), operating margin -163.6%, net loss $1.9M, operating cash flow −$251K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | -8% | -21% |
| Operating profit | −$2.1M | — | -635% |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$251K | — | — |
What changed
Revenue was $1.3M in Q2 FY26, down 21% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $2.1M, an operating margin of -163.6%. Total costs grew 174% against a revenue fall of 21%. The fastest-growing cost line was General & admin (+312%). The quarter ended with a net loss of $1.9M, wider than the previous quarter's $1.5M loss.
Operating cash flow was −$251K. Non-cash charges added back $108K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $438K. Capital expenditures of $31K exceeded it, leaving free cash flow of −$282K.
Questions
What was Aeluma's revenue in the second quarter fiscal 2026?
Aeluma (ALMU) reported revenue of $1.3M for the second quarter fiscal 2026 (Q2 FY26), -21% from a year earlier and -8% from the quarter before.
Was Aeluma profitable in the second quarter fiscal 2026?
Operating loss was $2.1M (-163.6% of revenue) and net loss $1.9M.
Source: Aeluma 10-Q on SEC EDGAR.