Filing Flows › Jerash Holdings (US) (JRSH) › Q1 FY26
Jerash Holdings (US) (JRSH) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 14, 2025
Jerash Holdings (US) (JRSH) reported revenue of $39.6M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and +35% from the quarter before. Operating margin was 2.4%, net earnings $324K (0.8% of revenue).
Jerash Holdings (US), Q1 FY26: revenue $39.6M (-3% year over year), operating margin 2.4%, net earnings $324K, operating cash flow −$6.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $39.6M | +35% | -3% |
| Gross profit | $6.1M | +16% | +31% |
| Operating profit | $959K | +121% | — |
| Net earnings | $324K | — | — |
| Operating cash flow | −$6.5M | -433% | — |
What changed
Revenue was $39.6M in Q1 FY26, down 3% year over year and up 35% from the previous quarter.
Gross margin was 15.4%, up 4.0 points from a year earlier. Operating profit was $1.0M, a 2.4% margin (up 4.4 points year over year). Operating expenses fell 6% while revenue fell 3%. Net earnings were $319K. The effective tax rate was 50.4%.
Operating cash flow was −$6.5M. Non-cash charges added back $117K of depreciation and amortization and $223K of share-based compensation. Working capital and other items used $7.1M. Capital expenditures of $465K exceeded it, leaving free cash flow of −$6.9M.
Questions
What was Jerash Holdings (US)'s revenue in the first quarter fiscal 2026?
Jerash Holdings (US) (JRSH) reported revenue of $39.6M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and +35% from the quarter before.
Was Jerash Holdings (US) profitable in the first quarter fiscal 2026?
Operating profit was $959K (2.4% of revenue) and net earnings $324K.