Filing Flows › Marwynn Holdings (MWYN) › Q1 FY26
Marwynn Holdings (MWYN) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Sep 15, 2025
Marwynn Holdings (MWYN) reported revenue of $2.3M for the first quarter fiscal 2026 (Q1 FY26), -18% from a year earlier and -19% from the quarter before. Operating margin was -112.3%, net loss $2.7M (116.0% of revenue).
Marwynn Holdings, Q1 FY26: revenue $2.3M (-18% year over year), operating margin -112.3%, net loss $2.7M, operating cash flow −$95K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -19% | -18% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | −$95K | — | — |
What changed
Revenue was $2.3M in Q1 FY26, down 18% year over year and down 19% from the previous quarter.
Gross margin was 42.4%, down 6.8 points from a year earlier. Operating costs exceeded revenue by $2.6M, an operating margin of -112.3%. Operating expenses grew 123% against a revenue fall of 18%. The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $4.0M loss.
Operating cash flow was −$95K. Non-cash charges added back $50K of depreciation and amortization and $29K of share-based compensation. Working capital and other items added $2.5M.
Questions
What was Marwynn Holdings' revenue in the first quarter fiscal 2026?
Marwynn Holdings (MWYN) reported revenue of $2.3M for the first quarter fiscal 2026 (Q1 FY26), -18% from a year earlier and -19% from the quarter before.
Was Marwynn Holdings profitable in the first quarter fiscal 2026?
Operating loss was $2.6M (-112.3% of revenue) and net loss $2.7M.
Source: Marwynn Holdings 10-Q on SEC EDGAR.