Filing Flows › Jerash Holdings (US) (JRSH) › Q1 FY27
Jerash Holdings (US) (JRSH) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 12, 2026
Jerash Holdings (US) (JRSH) reported revenue of $50.2M for the first quarter fiscal 2027 (Q1 FY27), +27% from a year earlier and +17% from the quarter before. Operating margin was 5.2%, net earnings $1.7M (3.3% of revenue).
Jerash Holdings (US), Q1 FY27: revenue $50.2M (+27% year over year), operating margin 5.2%, net earnings $1.7M, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.2M | +17% | +27% |
| Gross profit | $8.3M | +12% | +36% |
| Operating profit | $2.6M | +13% | +174% |
| Net earnings | $1.7M | +6% | +427% |
| Operating cash flow | $2.5M | -58% | — |
| Free cash flow | $2.3M | +31% | — |
What changed
Revenue was $50.2M in Q1 FY27, up 27% year over year and up 17% from the previous quarter.
Gross margin was 16.4%, up 1.1 points from Q1 FY26. Operating profit was $2.6M, a 5.2% margin (up 2.8 points year over year). Of the extra revenue versus Q1 FY26, 16% reached operating profit, above the 2% margin then. Operating expenses grew 10% against revenue growth of 27%. The fastest-growing cost line was SG&A (+10%). Net earnings were $1.7M, up 427% year over year. The effective tax rate was 19.4%.
Operating cash flow was $2.5M, 151% of net earnings. Non-cash charges added back $102K of depreciation and amortization and $226K of share-based compensation. Working capital and other items added $523K. Capital expenditures of $185K left free cash flow of $2.3M.
Questions
What was Jerash Holdings (US)'s revenue in the first quarter fiscal 2027?
Jerash Holdings (US) (JRSH) reported revenue of $50.2M for the first quarter fiscal 2027 (Q1 FY27), +27% from a year earlier and +17% from the quarter before.
Was Jerash Holdings (US) profitable in the first quarter fiscal 2027?
Operating profit was $2.6M (5.2% of revenue) and net earnings $1.7M.