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Jerash Holdings (US) (JRSH) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Jun 18, 2026

Jerash Holdings (US) (JRSH) reported revenue of $42.9M for the fourth quarter fiscal 2026 (Q4 FY26), +47% from a year earlier and +3% from the quarter before. Operating margin was 5.4%, net earnings $1.6M (3.7% of revenue).

Revenue$42.9M
Year over year+47%
Quarter over quarter+3%
Operating margin5.4%
Net earnings$1.6M

Jerash Holdings (US), Q4 FY26: revenue $42.9M (+47% year over year), operating margin 5.4%, net earnings $1.6M, operating cash flow $6.0M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$42.9M+3%+47%
Gross profit$7.4M+4%+40%
Operating profit$2.3M+20%+439%
Net earnings$1.6M+36%—
Operating cash flow$6.0M—+208%
Free cash flow$1.8M—+21%

What changed

Revenue was $42.9M in Q4 FY26, up 47% year over year and up 3% from the previous quarter.

Gross margin was 17.1%, down 0.8 points from Q4 FY25. Operating profit was $2.3M, a 5.4% margin (up 4.0 points year over year). Of the extra revenue versus Q4 FY25, 14% reached operating profit, above the 1% margin then. Operating expenses grew 4% against revenue growth of 47%. Net earnings were $1.6M. The effective tax rate was 13.9%.

Operating cash flow was $6.0M (up 208% year over year), 359% of net income including minority interests. Non-cash charges added back $113K of depreciation and amortization and $224K of share-based compensation. Working capital and other items added $4.0M. Capital expenditures of $4.2M left free cash flow of $1.8M.

Questions

What was Jerash Holdings (US)'s revenue in the fourth quarter fiscal 2026?

Jerash Holdings (US) (JRSH) reported revenue of $42.9M for the fourth quarter fiscal 2026 (Q4 FY26), +47% from a year earlier and +3% from the quarter before.

Was Jerash Holdings (US) profitable in the fourth quarter fiscal 2026?

Operating profit was $2.3M (5.4% of revenue) and net earnings $1.6M.

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Source: Jerash Holdings (US) 10-K on SEC EDGAR.