Filing Flows › Janel (JANL) › Q1 FY26
Janel (JANL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 13, 2026
Janel (JANL) reported revenue of $56.0M for the first quarter fiscal 2026 (Q1 FY26), +9% from a year earlier and -0.3% from the quarter before. Operating margin was 1.7%, net earnings $419K (0.7% of revenue).
Janel, Q1 FY26: revenue $56.0M (+9% year over year), operating margin 1.7%, net earnings $419K, operating cash flow −$14.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $56.0M | -0.3% | +9% |
| Gross profit | $18.1M | +6% | +20% |
| Operating profit | $978K | -13% | -19% |
| Net earnings | $419K | -84% | -36% |
| Operating cash flow | −$14.5M | -157% | — |
What changed
Revenue was $56.0M in Q1 FY26, up 9% year over year and roughly flat from the previous quarter. Logistics was the largest line at 91% of revenue. Logistics added $4.7M year over year (up 10%), 101% of the total change. Life Sciences and Manufacturing declined 1%.
Gross margin was 32.3%, up 2.8 points from a year earlier. Operating profit was $1.0M, a 1.7% margin (down 0.6 points year over year). Operating profit fell $231K even though revenue rose $4.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 23% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+29%). Net earnings were $419K, down 36% year over year. The effective tax rate was 38.9%.
Operating cash flow was −$14.5M. Non-cash charges added back $177K of depreciation and amortization and $62K of share-based compensation. Working capital and other items used $15.5M. Capital expenditures of $88K exceeded it, leaving free cash flow of −$14.6M.
Questions
What was Janel's revenue in the first quarter fiscal 2026?
Janel (JANL) reported revenue of $56.0M for the first quarter fiscal 2026 (Q1 FY26), +9% from a year earlier and -0.3% from the quarter before.
Was Janel profitable in the first quarter fiscal 2026?
Operating profit was $978K (1.7% of revenue) and net earnings $419K.
Source: Janel 10-Q on SEC EDGAR.