Filing Flows › Helio (HLEO) › Q3 FY26
Helio (HLEO) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Sep 14, 2026
Helio (HLEO) reported revenue of $591K for the third quarter fiscal 2026 (Q3 FY26), -25% from a year earlier and +29% from the quarter before. Operating margin was -92.5%, net loss $1.5M (249.1% of revenue).
Helio, Q3 FY26: revenue $591K (-25% year over year), operating margin -92.5%, net loss $1.5M, operating cash flow −$618K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $591K | +29% | -25% |
| Operating profit | −$546K | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | −$618K | — | — |
What changed
Revenue was $591K in Q3 FY26, down 25% year over year and up 29% from the previous quarter. Service was the largest line at 81% of revenue. Materials lost $133K year over year (down 56%), 68% of the total change.
Gross margin was 44.9%, up 32.3 points from Q3 FY25. Operating costs exceeded revenue by $546K, an operating margin of -92.5%. Operating expenses fell 19% while revenue fell 25%. The fastest-growing cost line was Other operating costs (+54%). The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $1.6M loss. Net interest and other expense of $925K was the main reason.
Operating cash flow was −$618K. Non-cash charges added back $6K of depreciation and $22K of share-based compensation. Working capital and other items added $826K.
Questions
What was Helio's revenue in the third quarter fiscal 2026?
Helio (HLEO) reported revenue of $591K for the third quarter fiscal 2026 (Q3 FY26), -25% from a year earlier and +29% from the quarter before.
Was Helio profitable in the third quarter fiscal 2026?
Operating loss was $546K (-92.5% of revenue) and net loss $1.5M.
Source: Helio 10-Q on SEC EDGAR.