Filing Flows › Axil Brands (AXIL) › Q1 FY27
Axil Brands (AXIL) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 6, 2026
Axil Brands (AXIL) reported revenue of $6.1M for the first quarter fiscal 2027 (Q1 FY27), -11% from a year earlier and -29% from the quarter before. Operating margin was 7.2%, net earnings $421K (6.9% of revenue).
Axil Brands, Q1 FY27: revenue $6.1M (-11% year over year), operating margin 7.2%, net earnings $421K, operating cash flow $3.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1M | -29% | -11% |
| Gross profit | $5.0M | -18% | +9% |
| Operating profit | $437K | -70% | +6% |
| Net earnings | $421K | -71% | +26% |
| Operating cash flow | $3.8M | — | — |
| Free cash flow | $3.6M | — | — |
What changed
Revenue was $6.1M in Q1 FY27, down 11% year over year and down 29% from the previous quarter. Direct to consumer was the largest line at 64% of revenue. Retail and wholesale lost $754K year over year (down 26%), 98% of the total change.
Gross margin was 82.6%, up 15.0 points from Q1 FY26. Operating profit was $437K, a 7.2% margin (up 1.2 points year over year). Operating expenses grew 9% against a revenue fall of 11%. The fastest-growing cost line was Other operating costs (+110%). Net earnings were $421K, up 26% year over year. The effective tax rate was 19.1%.
Operating cash flow was $3.8M, 895% of net earnings. Non-cash charges added back $66K of depreciation and amortization and $322K of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $165K left free cash flow of $3.6M.
Questions
What was Axil Brands' revenue in the first quarter fiscal 2027?
Axil Brands (AXIL) reported revenue of $6.1M for the first quarter fiscal 2027 (Q1 FY27), -11% from a year earlier and -29% from the quarter before.
Was Axil Brands profitable in the first quarter fiscal 2027?
Operating profit was $437K (7.2% of revenue) and net earnings $421K.
Source: Axil Brands 10-Q on SEC EDGAR.