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IEH (IEHC) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Nov 10, 2025

IEH (IEHC) reported revenue of $7.1M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and +12% from the quarter before. Operating margin was -1.5%, net loss $27K (0.4% of revenue).

Revenue$7.1M
Year over year-4%
Quarter over quarter+12%
Operating margin-1.5%
Net earnings−$27K

IEH, Q2 FY26: revenue $7.1M (-4% year over year), operating margin -1.5%, net loss $27K, operating cash flow −$949K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$7.1M+12%-4%
Operating profit−$104K——
Net earnings−$27K——
Operating cash flow−$949K——

What changed

Revenue was $7.1M in Q2 FY26, down 4% year over year and up 12% from the previous quarter.

Operating costs exceeded revenue by $104K, an operating margin of -1.5%. Total costs grew 0% against a revenue fall of 4%. The fastest-growing cost line was SG&A (+12%). The quarter ended with a net loss of $27K, narrower than the previous quarter's $655K loss. Non-operating items added $78K, -289% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$949K. Non-cash charges added back $186K of depreciation and amortization. Working capital and other items used $1.1M. Capital expenditures of $47K exceeded it, leaving free cash flow of −$1.0M.

Questions

What was IEH's revenue in the second quarter fiscal 2026?

IEH (IEHC) reported revenue of $7.1M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and +12% from the quarter before.

Was IEH profitable in the second quarter fiscal 2026?

Operating loss was $104K (-1.5% of revenue) and net loss $27K.

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Source: IEH 10-Q on SEC EDGAR.