Filing Flows › Cemtrex (CETX) › Q2 FY26
Cemtrex (CETX) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 15, 2026
Cemtrex (CETX) reported revenue of $18.1M for the second quarter fiscal 2026 (Q2 FY26), -34% from a year earlier and +12% from the quarter before. Operating margin was -12.0%, net earnings $907K (5.0% of revenue).
Cemtrex, Q2 FY26: revenue $18.1M (-34% year over year), operating margin -12.0%, net earnings $907K, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.1M | +12% | -34% |
| Operating profit | −$2.2M | — | -147% |
| Net earnings | $907K | — | -89% |
| Operating cash flow | −$4.4M | — | -258% |
What changed
Revenue was $18.1M in Q2 FY26, down 34% year over year and up 12% from the previous quarter. Industrial Services was the largest line at 61% of revenue. Security lost $11.2M year over year (down 66%), 122% of the total change.
Gross margin was 37.9%, down 6.7 points from Q2 FY25. Operating costs exceeded revenue by $2.2M, an operating margin of -12.0%. Operating expenses grew 19% against a revenue fall of 34%. The fastest-growing cost line was Other operating costs (+66%). Net earnings were $907K, down 89% year over year. The effective tax rate was 7.5%. Non-operating items added $3.2M, 321% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.4M. Non-cash charges added back $604K of depreciation and amortization. Working capital and other items used $5.9M. Capital expenditures of $153K exceeded it, leaving free cash flow of −$4.6M.
Questions
What was Cemtrex's revenue in the second quarter fiscal 2026?
Cemtrex (CETX) reported revenue of $18.1M for the second quarter fiscal 2026 (Q2 FY26), -34% from a year earlier and +12% from the quarter before.
Was Cemtrex profitable in the second quarter fiscal 2026?
Operating loss was $2.2M (-12.0% of revenue) and net earnings $907K.
Source: Cemtrex 10-Q on SEC EDGAR.