Filing Flows › Janel (JANL) › Q3 FY26 › vs Q3 FY25
Janel (JANL) Q3 FY26 vs Q3 FY25 (year over year)
Janel's revenue rose $18.4M (+37%) from $49.1M in Q3 FY25 to $67.5M in Q3 FY26. The biggest changes: Logistics +$17.9M (+41%); Life Sciences and Manufacturing +$517K (+9%). Gross margin 31.8% against 32.8% (-1.0 pts).
Janel, Q3 FY26: revenue $67.5M (+37% year over year), operating margin 5.4%, net earnings $2.1M, operating cash flow $29.8M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 31.8% | 32.8% | -1.0 pts |
| Operating margin | 5.4% | 3.9% | +1.5 pts |
| Net margin | 3.1% | 1.8% | +1.3 pts |
| Free cash flow margin | 44.1% | 21.5% | +22.7 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Logistics | $61.1M | $43.2M | $17.9M | +41% |
| Life Sciences and Manufacturing | $6.4M | $5.9M | $517K | +9% |
| Revenue | $67.5M | $49.1M | $18.4M | +37% |
| Gross profit | $21.5M | $16.1M | $5.4M | +33% |
| Cost of revenue | $46.0M | $33.0M | $13.0M | +39% |
| Operating profit | $3.6M | $1.9M | $1.7M | +89% |
| Operating expenses | $17.8M | $14.2M | $3.7M | +26% |
| Pre-tax earnings | $3.2M | $1.3M | $1.8M | +138% |
| Other expense, net | $472K | $599K | −$127K | -21% |
| SG&A | $16.8M | $13.5M | $3.3M | +24% |
| Other operating costs | $1.0M | $654K | $389K | +59% |
| Net earnings | $2.1M | $887K | $1.2M | +136% |
| Minority interests | $446K | $0 | $446K | — |
| Income tax | $626K | $445K | $181K | +41% |
| Depreciation & amortization | $166K | $156K | $10K | +6% |
| Share-based compensation | $62K | $122K | −$60K | -49% |
| Working capital & other | $27.5M | $9.4M | $18.1M | +193% |
| Operating cash flow | $29.8M | $10.6M | $19.3M | +182% |
| Free cash flow (OCF − capex) | $29.8M | $10.5M | $19.3M | +183% |
| Capital expenditures | $34K | $23K | $11K | +48% |
Questions
How much did Janel's revenue grow year over year in Q3 FY26?
Janel's revenue rose $18.4M (+37%) from $49.1M in Q3 FY25 to $67.5M in Q3 FY26.
What drove Janel's revenue change in Q3 FY26?
Logistics +$17.9M (+41%); Life Sciences and Manufacturing +$517K (+9%).