Filing Flows › Jerash Holdings (US) (JRSH) › Q3 FY26
Jerash Holdings (US) (JRSH) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 10, 2026
Jerash Holdings (US) (JRSH) reported revenue of $41.8M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and -0.5% from the quarter before. Operating margin was 4.7%, net earnings $1.2M (2.8% of revenue).
Jerash Holdings (US), Q3 FY26: revenue $41.8M (+18% year over year), operating margin 4.7%, net earnings $1.2M, operating cash flow −$3.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.8M | -0.5% | +18% |
| Gross profit | $7.0M | +12% | +31% |
| Operating profit | $1.9M | +78% | +175% |
| Net earnings | $1.2M | +141% | 183× |
| Operating cash flow | −$3.8M | -156% | — |
What changed
Revenue was $41.8M in Q3 FY26, up 18% year over year and roughly flat from the previous quarter.
Gross margin was 16.9%, up 1.7 points from Q3 FY25. Operating profit was $1.9M, a 4.7% margin (up 2.7 points year over year). Of the extra revenue versus Q3 FY25, 19% reached operating profit, above the 2% margin then. Operating expenses grew 9% against revenue growth of 18%. The fastest-growing cost line was SG&A (+16%). Net earnings were $1.2M. The effective tax rate was 24.1%.
Operating cash flow was −$3.8M. Non-cash charges added back $115K of depreciation and amortization and $229K of share-based compensation. Working capital and other items used $5.3M. Capital expenditures of $92K exceeded it, leaving free cash flow of −$3.9M.
Questions
What was Jerash Holdings (US)'s revenue in the third quarter fiscal 2026?
Jerash Holdings (US) (JRSH) reported revenue of $41.8M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and -0.5% from the quarter before.
Was Jerash Holdings (US) profitable in the third quarter fiscal 2026?
Operating profit was $1.9M (4.7% of revenue) and net earnings $1.2M.