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Filing Flows › Karbon-X (KARX) › Q3 FY26 › vs Q2 FY26

Karbon-X (KARX) Q3 FY26 vs Q2 FY26 (quarter over quarter)

Karbon-X's revenue fell $16.6M (-80%) from $20.8M in Q2 FY26 to $4.3M in Q3 FY26.

Karbon-X, Q3 FY26: revenue $4.3M (18× year over year), operating margin -102.1%, net loss $5.2M, operating cash flow −$1.2M. The chart draws each line against Q2 FY26, the increases inside each band.

Karbon-X: what changed, Q3 FY26 vs Q2 FY26Karbon-X: what changed, Q3 FY26 vs Q2 FY26Operating costs−$13.1MCosts & expenses−$12.8MNet loss$3.7MOperating cash sources$3.7MNet loss absorbed$3.7MWorking capital & other$3.0MCash used in operations$359KShare-based compensation$333KInterest & other, net$236KDepreciation & amortization$12K

Every line

LineQ3 FY26Q2 FY26Change%
Revenue$4.3M$20.8M−$16.6M-80%
Net loss$5.2M$1.4M$3.7M+257%
Costs & expenses$9.4M$22.3M−$12.8M-58%
Operating costs$8.6M$21.7M−$13.1M-60%
Interest & other, net$814K$579K$236K+41%
Operating cash sources$5.2M$1.4M$3.7M+257%
Depreciation & amortization$48K$36K$12K+34%
Share-based compensation$597K$264K$333K+126%
Working capital & other$3.3M$310K$3.0M+974%
Cash used in operations$1.2M$837K$359K+43%
Net loss absorbed$5.2M$1.4M$3.7M+257%

Questions

How much did Karbon-X's revenue grow quarter over quarter in Q3 FY26?

Karbon-X's revenue fell $16.6M (-80%) from $20.8M in Q2 FY26 to $4.3M in Q3 FY26.

Q3 FY26 results → · Compare in the interactive Sankey →