Filing Flows › Great Elm Group (GEG) › Q1 FY27
Great Elm Group (GEG) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 4, 2026
Great Elm Group (GEG) reported revenue of $3.3M for the first quarter fiscal 2027 (Q1 FY27), -69% from a year earlier and -68% from the quarter before. Operating margin was -104.5%, net loss $4.1M (124.2% of revenue).
Great Elm Group, Q1 FY27: revenue $3.3M (-69% year over year), operating margin -104.5%, net loss $4.1M, operating cash flow −$10.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3M | -68% | -69% |
| Operating profit | −$3.5M | — | — |
| Net earnings | −$4.1M | -490% | — |
| Operating cash flow | −$10.6M | -234% | -378% |
What changed
Revenue was $3.3M in Q1 FY27, down 69% year over year and down 68% from the previous quarter. Management Service Base was the largest line at 53% of revenue. Management Service Base lost $117K year over year (down 6%), 2% of the total change.
Operating costs exceeded revenue by $3.5M, an operating margin of -104.5%. Total costs fell 53% while revenue fell 69%. The quarter ended with a net loss of $4.1M, after a profit of $1.1M the previous quarter.
Operating cash flow was −$10.6M. Non-cash charges added back $305K of depreciation and amortization and $677K of share-based compensation. Working capital and other items used $7.4M.
Questions
What was Great Elm Group's revenue in the first quarter fiscal 2027?
Great Elm Group (GEG) reported revenue of $3.3M for the first quarter fiscal 2027 (Q1 FY27), -69% from a year earlier and -68% from the quarter before.
Was Great Elm Group profitable in the first quarter fiscal 2027?
Operating loss was $3.5M (-104.5% of revenue) and net loss $4.1M.
Source: Great Elm Group 10-Q on SEC EDGAR.