Filing Flows › Great Elm Group (GEG) › Q3 FY26
Great Elm Group (GEG) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 6, 2026
Great Elm Group (GEG) reported revenue of $3.4M for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +14% from the quarter before. Operating margin was -116.1%, net loss $13.5M (395.6% of revenue).
Great Elm Group, Q3 FY26: revenue $3.4M (+6% year over year), operating margin -116.1%, net loss $13.5M, operating cash flow $5.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4M | +14% | +7% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$13.5M | — | — |
| Operating cash flow | $5.8M | — | — |
What changed
Revenue was $3.4M in Q3 FY26, up 7% year over year and up 14% from the previous quarter. Management Service Base was the largest line at 50% of revenue. Project Management Fees added $301K year over year (up 82%), 144% of the total change. Real Estate Rental Income declined 71%.
Operating costs exceeded revenue by $4.0M, an operating margin of -116.1%. Total costs grew 28% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+33%). The quarter ended with a net loss of $13.5M, narrower than the previous quarter's $16.5M loss. Net interest and other expense of $9.5M was the main reason.
Operating cash flow was $5.8M. Non-cash charges added back $313K of depreciation and amortization and $591K of share-based compensation. Working capital and other items added $18.4M.
Questions
What was Great Elm Group's revenue in the third quarter fiscal 2026?
Great Elm Group (GEG) reported revenue of $3.4M for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +14% from the quarter before.
Was Great Elm Group profitable in the third quarter fiscal 2026?
Operating loss was $4.0M (-116.1% of revenue) and net loss $13.5M.
Source: Great Elm Group 10-Q on SEC EDGAR.