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Mays J W (MAYS) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Dec 11, 2025

Mays J W (MAYS) reported revenue of $5.3M for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -7% from the quarter before. Operating margin was -9.3%, net loss $334K (6.4% of revenue).

Revenue$5.3M
Year over year-5%
Quarter over quarter-7%
Operating margin-9.3%
Net earnings−$334K

Mays J W, Q1 FY26: revenue $5.3M (-5% year over year), operating margin -9.3%, net loss $334K, operating cash flow $1.9M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$5.3M-7%-5%
Operating profit−$488K——
Net earnings−$334K——
Operating cash flow$1.9M—+7%
Free cash flow$1.5M—+13%

What changed

Revenue was $5.3M in Q1 FY26, down 5% year over year and down 7% from the previous quarter.

Operating costs exceeded revenue by $488K, an operating margin of -9.3%. Total costs grew 5% against a revenue fall of 5%. The quarter ended with a net loss of $334K, wider than the previous quarter's $92K loss.

Operating cash flow was $1.9M (up 7% year over year). Non-cash charges added back $472K of depreciation and amortization. Working capital and other items added $1.8M. Capital expenditures of $411K left free cash flow of $1.5M.

Questions

What was Mays J W's revenue in the first quarter fiscal 2026?

Mays J W (MAYS) reported revenue of $5.3M for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -7% from the quarter before.

Was Mays J W profitable in the first quarter fiscal 2026?

Operating loss was $488K (-9.3% of revenue) and net loss $334K.

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Source: Mays J W 10-Q on SEC EDGAR.