Filing Flows › Innovative Designs (IVDN) › Q1 FY26
Innovative Designs (IVDN) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Mar 18, 2026
Innovative Designs (IVDN) reported revenue of $632K for the first quarter fiscal 2026 (Q1 FY26), +16% from a year earlier and -22% from the quarter before. Operating margin was 26.6%, net earnings $162K (25.6% of revenue).
Innovative Designs, Q1 FY26: revenue $632K (+16% year over year), operating margin 26.6%, net earnings $162K, operating cash flow $227K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $632K | -22% | +16% |
| Operating profit | $168K | -14% | +312% |
| Net earnings | $162K | -16% | +346% |
| Operating cash flow | $227K | +63% | — |
| Free cash flow | $155K | +12% | — |
What changed
Revenue was $632K in Q1 FY26, up 16% year over year and down 22% from the previous quarter.
Operating profit was $168K, a 26.6% margin (up 19.1 points year over year). Of the extra revenue versus a year earlier, 144% reached operating profit, above the 7% margin then. Total costs fell 8% while revenue rose 16%. Net earnings were $162K, up 346% year over year. The effective tax rate was 0.0%.
Operating cash flow was $227K, 140% of net earnings. Non-cash charges added back $6K of depreciation. Working capital and other items added $60K. Capital expenditures of $72K left free cash flow of $155K.
Questions
What was Innovative Designs' revenue in the first quarter fiscal 2026?
Innovative Designs (IVDN) reported revenue of $632K for the first quarter fiscal 2026 (Q1 FY26), +16% from a year earlier and -22% from the quarter before.
Was Innovative Designs profitable in the first quarter fiscal 2026?
Operating profit was $168K (26.6% of revenue) and net earnings $162K.
Source: Innovative Designs 10-Q on SEC EDGAR.