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Mays J W (MAYS) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Mar 12, 2026

Mays J W (MAYS) reported revenue of $5.2M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and -0.8% from the quarter before. Operating margin was -13.7%, net loss $509K (9.8% of revenue).

Revenue$5.2M
Year over year-8%
Quarter over quarter-0.8%
Operating margin-13.7%
Net earnings−$509K

Mays J W, Q2 FY26: revenue $5.2M (-8% year over year), operating margin -13.7%, net loss $509K, operating cash flow −$730K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$5.2M-0.8%-8%
Operating profit−$712K——
Net earnings−$509K——
Operating cash flow−$730K-138%—

What changed

Revenue was $5.2M in Q2 FY26, down 8% year over year and down 1% from the previous quarter.

Operating costs exceeded revenue by $712K, an operating margin of -13.7%. Total costs grew 2% against a revenue fall of 8%. The quarter ended with a net loss of $509K, wider than the previous quarter's $334K loss.

Operating cash flow was −$730K. Non-cash charges added back $471K of depreciation and amortization. Working capital and other items used $692K. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$1.7M.

Questions

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

Mays J W (MAYS) reported revenue of $5.2M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and -0.8% from the quarter before.

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

Operating loss was $712K (-13.7% of revenue) and net loss $509K.

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