Filing Flows › Janel (JANL) › Q3 FY26
Janel (JANL) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 7, 2026
Janel (JANL) reported revenue of $67.5M for the third quarter fiscal 2026 (Q3 FY26), +37% from a year earlier and +18% from the quarter before. Operating margin was 5.4%, net earnings $2.1M (3.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.5M | +18% | +37% |
| Gross profit | $21.5M | +16% | +33% |
| Operating profit | $3.6M | +136% | +89% |
| Net earnings | $2.1M | +192% | +136% |
| Operating cash flow | $29.8M | +517% | +182% |
| Free cash flow | $29.8M | +534% | +183% |
What changed
Revenue was $67.5M in Q3 FY26, up 37% year over year and up 18% from the previous quarter. Logistics was the largest line at 90% of revenue. Logistics added $17.9M year over year (up 41%), 97% of the total change.
Gross margin was 31.8%, down 1.0 points from Q3 FY25. Operating profit was $3.6M, a 5.4% margin (up 1.5 points year over year). Of the extra revenue versus Q3 FY25, 9% reached operating profit, above the 4% margin then. Operating expenses grew 26% against revenue growth of 37%. The fastest-growing cost line was Other operating costs (+59%). Net earnings were $2.1M, up 136% year over year. The effective tax rate was 19.8%.
Operating cash flow was $29.8M (up 182% year over year), 1173% of net income including minority interests. Non-cash charges added back $166K of depreciation and amortization and $62K of share-based compensation. Working capital and other items added $27.1M. Capital expenditures of $34K left free cash flow of $29.8M.
Questions
What was Janel's revenue in the third quarter fiscal 2026?
Janel (JANL) reported revenue of $67.5M for the third quarter fiscal 2026 (Q3 FY26), +37% from a year earlier and +18% from the quarter before.
Was Janel profitable in the third quarter fiscal 2026?
Operating profit was $3.6M (5.4% of revenue) and net earnings $2.1M.
Source: Janel 10-Q on SEC EDGAR.