Filing Flows › Jerash Holdings (US) (JRSH) › Q2 FY26
Jerash Holdings (US) (JRSH) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Nov 12, 2025
Jerash Holdings (US) (JRSH) reported revenue of $42.0M for the second quarter fiscal 2026 (Q2 FY26), +4% from a year earlier and +6% from the quarter before. Operating margin was 2.6%, net earnings $479K (1.1% of revenue).
Jerash Holdings (US), Q2 FY26: revenue $42.0M (+4% year over year), operating margin 2.6%, net earnings $479K, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.0M | +6% | +4% |
| Gross profit | $6.3M | +3% | -11% |
| Operating profit | $1.1M | +14% | -4% |
| Net earnings | $479K | +48% | -28% |
| Operating cash flow | $6.8M | — | +47% |
| Free cash flow | $6.4M | — | +46% |
What changed
Revenue was $42.0M in Q2 FY26, up 4% year over year and up 6% from the previous quarter.
Gross margin was 15.0%, down 2.6 points from a year earlier. Operating profit was $1.1M, a 2.6% margin (down 0.2 points year over year). Operating profit fell $45K even though revenue rose $1.7M versus a year earlier, so costs grew faster than sales. Operating expenses fell 12% while revenue rose 4%. Net earnings were $462K, down 30% year over year. The effective tax rate was 24.3%.
Operating cash flow was $6.8M (up 47% year over year), 1418% of net income including minority interests. Non-cash charges added back $115K of depreciation and amortization and $229K of share-based compensation. Working capital and other items added $6.0M. Capital expenditures of $380K left free cash flow of $6.4M.
Questions
What was Jerash Holdings (US)'s revenue in the second quarter fiscal 2026?
Jerash Holdings (US) (JRSH) reported revenue of $42.0M for the second quarter fiscal 2026 (Q2 FY26), +4% from a year earlier and +6% from the quarter before.
Was Jerash Holdings (US) profitable in the second quarter fiscal 2026?
Operating profit was $1.1M (2.6% of revenue) and net earnings $479K.