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Elite Express Holding (ETS) earnings and revenue breakdown
Latest: Q3 FY26 · 10-Q filed Oct 14, 2026 · Elite Express Holding (ETS) Q3 FY26 earnings results →
Q3 FY26 Revenue up 21% year over year to $766K · 99¢ of every $1 of revenue lost · operating margin -120.2%
Elite Express Holding made $766K in Q3 FY26 (+21% Y/Y). Operating margin -120.2%, net loss $760K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 14, 2026.
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What changed this quarter
Revenue was $766K in Q3 FY26, up 21% year over year and up 5% from the previous quarter.
Gross margin was 12.5%, up 11.4 points from Q3 FY25. Operating costs exceeded revenue by $921K, an operating margin of -120.2%. Operating expenses grew 571% against revenue growth of 21%. The quarter ended with a net loss of $760K, narrower than the previous quarter's $2.5M loss. Non-operating items added $161K, -21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$397K. Non-cash charges added back $30K of depreciation and amortization. Working capital and other items added $333K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 FY26 | 10-Q | Oct 14, 2026 | $766K | +21% | -120.2% | −$760K | −$397K |
| Q2 FY26 | 10-Q | Jul 14, 2026 | $727K | +15% | -381.8% | −$2.5M | −$3.1M |
| Q1 FY26 | 10-Q | Apr 13, 2026 | $805K | +16% | -38.2% | −$110K | −$1.2M |
| Q4 FY25 | 10-K | Feb 27, 2026 | $710K | — | -270.4% | −$1.7M | −$2.2M |
| Q3 FY25 | 10-Q | Oct 14, 2025 | $634K | +7% | -22.8% | −$186K | −$346K |
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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Customers and suppliers named in filings
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About Elite Express Holding
We are a holding company incorporated in Delaware. Through our wholly owned subsidiary, JAR Transportation Inc, a California-based operating entity, we specialize in last-mile delivery services within California. Our core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients’ doorsteps. Committed to innovation and efficiency, our mission is to optimize last-mile logistics by providing efficient, reliable, and innovative delivery solutions. As of the date of this annual report, we employ approximately 26 full-time staff, including approximately 20 drivers. Our fleet consists of approximately 23 trucks and trailers. We provide exclusive pickup and delivery services within our designated service area, covering approximately 1,665.28 square miles.
In its own words, from its 10-K, filed Feb 27, 2026.
Elite Express Holding against its Trucking & Courier Services (No Air) peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +21% against the peers' median +17%. Operating margin: -120.2% against the peers' median -7.3%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ETS Elite Express Holding | Q3 FY26 | $766K | +21% | -120.2% |
| UPS United Parcel Service | Q3 2026 | $22.9B | +7% | 7.6% |
| TOPP Toppoint Holdings | Q2 2026 | $4.6M | +17% | -7.3% |
Source: Elite Express Holding 10-Q on SEC EDGAR · CIK 2053641 · Trucking & Courier Services (No Air)
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History
Every quarter: Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results