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Aether Holdings (ATHR) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed May 15, 2026

Aether Holdings (ATHR) reported revenue of $336K for the second quarter fiscal 2026 (Q2 FY26), -2% from a year earlier and -0.8% from the quarter before. Operating margin was -306.2%, net loss $1.0M (306.2% of revenue).

Revenue$336K
Year over year-2%
Quarter over quarter-0.8%
Operating margin-306.2%
Net earnings−$1.0M

Aether Holdings, Q2 FY26: revenue $336K (-2% year over year), operating margin -306.2%, net loss $1.0M, operating cash flow −$919K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$336K-0.8%-2%
Operating profit−$1.0M——
Net earnings−$1.0M——
Operating cash flow−$919K——

What changed

Revenue was $336K in Q2 FY26, down 2% year over year and down 1% from the previous quarter.

Gross margin was 80.7%, up 12.8 points from Q2 FY25. Operating costs exceeded revenue by $1.0M, an operating margin of -306.2%. Operating expenses grew 111% against a revenue fall of 2%. The quarter ended with a net loss of $1.0M, narrower than the previous quarter's $1.3M loss.

Operating cash flow was −$919K. Non-cash charges added back $30K of depreciation and amortization. Working capital and other items added $80K.

Questions

What was Aether Holdings' revenue in the second quarter fiscal 2026?

Aether Holdings (ATHR) reported revenue of $336K for the second quarter fiscal 2026 (Q2 FY26), -2% from a year earlier and -0.8% from the quarter before.

Was Aether Holdings profitable in the second quarter fiscal 2026?

Operating loss was $1.0M (-306.2% of revenue) and net loss $1.0M.

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Source: Aether Holdings 10-Q on SEC EDGAR.