Filing Flows › Karbon-X (KARX) › Q2 FY26
Karbon-X (KARX) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jan 20, 2026
Karbon-X (KARX) reported revenue of $20.8M for the second quarter fiscal 2026 (Q2 FY26), up 18-fold from a year earlier and -42% from the quarter before. Operating margin was -4.2%, net loss $1.4M (6.9% of revenue).
Karbon-X, Q2 FY26: revenue $20.8M (18× year over year), operating margin -4.2%, net loss $1.4M, operating cash flow −$837K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.8M | -42% | 18× |
| Operating profit | −$869K | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | −$837K | — | — |
What changed
Revenue was $20.8M in Q2 FY26, up 1674% year over year and down 42% from the previous quarter.
Gross margin was 9.6%, down 35.6 points from a year earlier. Operating costs exceeded revenue by $869K, an operating margin of -4.2%. Operating expenses grew 65% against revenue growth of 1674%. The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $2.6M loss.
Operating cash flow was −$837K. Non-cash charges added back $36K of depreciation and amortization and $264K of share-based compensation. Working capital and other items added $310K.
Questions
What was Karbon-X's revenue in the second quarter fiscal 2026?
Karbon-X (KARX) reported revenue of $20.8M for the second quarter fiscal 2026 (Q2 FY26), up 18-fold from a year earlier and -42% from the quarter before.
Was Karbon-X profitable in the second quarter fiscal 2026?
Operating loss was $869K (-4.2% of revenue) and net loss $1.4M.
Source: Karbon-X 10-Q on SEC EDGAR.