Filing Flows › Greystone Logistics (GLGI) › Q2 FY26
Greystone Logistics (GLGI) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jan 14, 2026
Greystone Logistics (GLGI) reported revenue of $7.8M for the second quarter fiscal 2026 (Q2 FY26), -36% from a year earlier and -28% from the quarter before. Operating margin was -21.8%, net loss $2.1M (26.6% of revenue).
Greystone Logistics, Q2 FY26: revenue $7.8M (-36% year over year), operating margin -21.8%, net loss $2.1M, operating cash flow −$759K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.8M | -28% | -36% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$2.1M | — | — |
| Operating cash flow | −$759K | -140% | — |
What changed
Revenue was $7.8M in Q2 FY26, down 36% year over year and down 28% from the previous quarter.
Operating costs exceeded revenue by $1.7M, an operating margin of -21.8%. The quarter ended with a net loss of $2.1M, wider than the previous quarter's $1.1M loss.
Operating cash flow was −$759K. Non-cash charges added back $1.4M of depreciation and amortization. Working capital and other items used $93K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$1.8M.
Questions
What was Greystone Logistics' revenue in the second quarter fiscal 2026?
Greystone Logistics (GLGI) reported revenue of $7.8M for the second quarter fiscal 2026 (Q2 FY26), -36% from a year earlier and -28% from the quarter before.
Was Greystone Logistics profitable in the second quarter fiscal 2026?
Operating loss was $1.7M (-21.8% of revenue) and net loss $2.1M.