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Altex Industries (ALTX) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Jan 30, 2026

Altex Industries (ALTX) reported revenue of $7K for the first quarter fiscal 2026 (Q1 FY26), +40% from a year earlier and +75% from the quarter before. Operating margin was -428.6%, net loss $30K (428.6% of revenue).

Revenue$7K
Year over year+40%
Quarter over quarter+75%
Operating margin-428.6%
Net earnings−$30K

Altex Industries, Q1 FY26: revenue $7K (+40% year over year), operating margin -428.6%, net loss $30K, operating cash flow −$32K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$7K+75%+40%
Operating profit−$30K——
Net earnings−$30K——
Operating cash flow−$32K——

What changed

Revenue was $7K in Q1 FY26, up 40% year over year and up 75% from the previous quarter.

Operating costs exceeded revenue by $30K, an operating margin of -428.6%. Total costs fell 69% while revenue rose 40%. The quarter ended with a net loss of $30K, narrower than the previous quarter's $32K loss.

Operating cash flow was −$32K. Non-cash charges added back $1K of depreciation and amortization. Working capital and other items used $3K.

Questions

What was Altex Industries' revenue in the first quarter fiscal 2026?

Altex Industries (ALTX) reported revenue of $7K for the first quarter fiscal 2026 (Q1 FY26), +40% from a year earlier and +75% from the quarter before.

Was Altex Industries profitable in the first quarter fiscal 2026?

Operating loss was $30K (-428.6% of revenue) and net loss $30K.

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Source: Altex Industries 10-Q on SEC EDGAR.