Filing Flows › Greystone Logistics (GLGI) › Q1 FY27
Greystone Logistics (GLGI) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 15, 2026
Greystone Logistics (GLGI) reported revenue of $5.3M for the first quarter fiscal 2027 (Q1 FY27), -50% from a year earlier and -4% from the quarter before. Operating margin was -35.4%, net loss $2.6M (48.1% of revenue).
Greystone Logistics, Q1 FY27: revenue $5.3M (-50% year over year), operating margin -35.4%, net loss $2.6M, operating cash flow $81K. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3M | -4% | -50% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | $81K | — | -96% |
What changed
Revenue was $5.3M in Q1 FY27, down 50% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $1.9M, an operating margin of -35.4%. The quarter ended with a net loss of $2.6M, wider than the previous quarter's $2.3M loss.
Operating cash flow was $81K (down 96% year over year). Non-cash charges added back $1.4M of depreciation and amortization. Working capital and other items added $1.2M. Capital expenditures of $220K exceeded it, leaving free cash flow of −$139K.
Questions
What was Greystone Logistics' revenue in the first quarter fiscal 2027?
Greystone Logistics (GLGI) reported revenue of $5.3M for the first quarter fiscal 2027 (Q1 FY27), -50% from a year earlier and -4% from the quarter before.
Was Greystone Logistics profitable in the first quarter fiscal 2027?
Operating loss was $1.9M (-35.4% of revenue) and net loss $2.6M.