Filing Flows › Helio (HLEO) › Q2 FY26
Helio (HLEO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jun 15, 2026
Helio (HLEO) reported revenue of $457K for the second quarter fiscal 2026 (Q2 FY26), -61% from a year earlier and -8% from the quarter before. Operating margin was -187.1%, net loss $1.6M (359.9% of revenue).
Helio, Q2 FY26: revenue $457K (-61% year over year), operating margin -187.1%, net loss $1.6M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $457K | -8% | -61% |
| Operating profit | −$856K | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $457K in Q2 FY26, down 61% year over year and down 8% from the previous quarter. Service was the largest line at 77% of revenue. Service lost $483K year over year (down 58%), 68% of the total change.
Gross margin was 26.8%, up 10.2 points from Q2 FY25. Operating costs exceeded revenue by $856K, an operating margin of -187.1%. Operating expenses fell 12% while revenue fell 61%. The fastest-growing cost line was Other operating costs (+113%). The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $3.7M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $6K of depreciation and $27K of share-based compensation. Working capital and other items added $584K.
Questions
What was Helio's revenue in the second quarter fiscal 2026?
Helio (HLEO) reported revenue of $457K for the second quarter fiscal 2026 (Q2 FY26), -61% from a year earlier and -8% from the quarter before.
Was Helio profitable in the second quarter fiscal 2026?
Operating loss was $856K (-187.1% of revenue) and net loss $1.6M.
Source: Helio 10-Q on SEC EDGAR.