Filing Flows › Karbon-X (KARX) › Q1 FY27
Karbon-X (KARX) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 20, 2026
Karbon-X (KARX) reported revenue of $344K for the first quarter fiscal 2027 (Q1 FY27), -99% from a year earlier. Operating margin was -765.3%.
Karbon-X, Q1 FY27: revenue $344K (-99% year over year), operating margin -765.3%, net loss $4.0M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $344K | — | -99% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $344K in Q1 FY27, down 99% year over year.
Gross margin was 32.0%, up 31.2 points from Q1 FY26. Operating costs exceeded revenue by $2.6M, an operating margin of -765.3%. Operating expenses grew 3% against a revenue fall of 99%. The quarter ended with a net loss of $4.0M.
Operating cash flow was −$1.2M. Non-cash charges added back $54K of depreciation and amortization and $243K of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $1K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Karbon-X's revenue in the first quarter fiscal 2027?
Karbon-X (KARX) reported revenue of $344K for the first quarter fiscal 2027 (Q1 FY27), -99% from a year earlier.
Was Karbon-X profitable in the first quarter fiscal 2027?
Operating loss was $2.6M (-765.3% of revenue) and net loss $4.0M.
Source: Karbon-X 10-Q on SEC EDGAR.