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Huineng Technology (HNIT) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Apr 14, 2026

Huineng Technology (HNIT) reported revenue of $6K for the first quarter fiscal 2026 (Q1 FY26), +367% from a year earlier and +19% from the quarter before. Operating margin was -78.9%, net loss $4K (78.9% of revenue).

Revenue$6K
Year over year+367%
Quarter over quarter+19%
Operating margin-78.9%
Net earnings−$4K

Huineng Technology, Q1 FY26: revenue $6K (+367% year over year), operating margin -78.9%, net loss $4K, operating cash flow $5K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$6K+19%+367%
Operating profit−$4K——
Net earnings−$4K——
Operating cash flow$5K——

What changed

Revenue was $6K in Q1 FY26, up 367% year over year and up 19% from the previous quarter. Design Service was the largest line at 89% of revenue. Maintenance Service declined 50%.

Gross margin was 100.0%, unchanged from a year earlier. Operating costs exceeded revenue by $4K, an operating margin of -78.9%. Operating expenses fell 5% while revenue rose 367%. The quarter ended with a net loss of $4K, narrower than the previous quarter's $9K loss.

Operating cash flow was $5K. Non-cash charges added back $0K of depreciation. Working capital and other items added $9K.

Questions

What was Huineng Technology's revenue in the first quarter fiscal 2026?

Huineng Technology (HNIT) reported revenue of $6K for the first quarter fiscal 2026 (Q1 FY26), +367% from a year earlier and +19% from the quarter before.

Was Huineng Technology profitable in the first quarter fiscal 2026?

Operating loss was $4K (-78.9% of revenue) and net loss $4K.

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Source: Huineng Technology 10-Q on SEC EDGAR.