Filing Flows › Greystone Logistics (GLGI) › Q3 FY26
Greystone Logistics (GLGI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Apr 14, 2026
Greystone Logistics (GLGI) reported revenue of $3.5M for the third quarter fiscal 2026 (Q3 FY26), -76% from a year earlier and -55% from the quarter before. Operating margin was -76.7%, net loss $2.8M (80.7% of revenue).
Greystone Logistics, Q3 FY26: revenue $3.5M (-76% year over year), operating margin -76.7%, net loss $2.8M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | -55% | -76% |
| Operating profit | −$2.7M | — | -295% |
| Net earnings | −$2.8M | — | -390% |
| Operating cash flow | −$1.1M | — | -140% |
What changed
Revenue was $3.5M in Q3 FY26, down 76% year over year and down 55% from the previous quarter.
Operating costs exceeded revenue by $2.7M, an operating margin of -76.7%. The quarter ended with a net loss of $2.8M, wider than the previous quarter's $2.1M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $1.5M of depreciation and amortization. Working capital and other items added $116K. Capital expenditures of $356K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Greystone Logistics' revenue in the third quarter fiscal 2026?
Greystone Logistics (GLGI) reported revenue of $3.5M for the third quarter fiscal 2026 (Q3 FY26), -76% from a year earlier and -55% from the quarter before.
Was Greystone Logistics profitable in the third quarter fiscal 2026?
Operating loss was $2.7M (-76.7% of revenue) and net loss $2.8M.