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Marwynn Holdings (MWYN) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Mar 17, 2026

Marwynn Holdings (MWYN) reported revenue of $1.4M for the third quarter fiscal 2026 (Q3 FY26), +122% from a year earlier and up 32-fold from the quarter before. Operating margin was -39.9%, net loss $548K (39.6% of revenue).

Revenue$1.4M
Year over year+122%
Quarter over quarter32×
Operating margin-39.9%
Net earnings−$548K

Marwynn Holdings, Q3 FY26: revenue $1.4M (+122% year over year), operating margin -39.9%, net loss $548K, operating cash flow −$766K. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$1.4M32×+122%
Operating profit−$552K—-27021%
Net earnings−$548K—-2442%
Operating cash flow−$766K—-296%

What changed

Revenue was $1.4M in Q3 FY26, up 122% year over year and up 3063% from the previous quarter. Revenue From Recyclable Ewaste Materials Sales was the largest line at 72% of revenue. Revenue From Food and Beverage Sales declined 41%.

Gross margin was 6.0%, down 33.2 points from Q3 FY25. Operating costs exceeded revenue by $552K, an operating margin of -39.9%. Operating expenses grew 296% against revenue growth of 122%. The fastest-growing cost line was General & admin (+371%). The quarter ended with a net loss of $548K, narrower than the previous quarter's $896K loss.

Operating cash flow was −$766K. Non-cash charges added back $16K of depreciation and amortization and $29K of share-based compensation. Working capital and other items used $264K.

Questions

What was Marwynn Holdings' revenue in the third quarter fiscal 2026?

Marwynn Holdings (MWYN) reported revenue of $1.4M for the third quarter fiscal 2026 (Q3 FY26), +122% from a year earlier and up 32-fold from the quarter before.

Was Marwynn Holdings profitable in the third quarter fiscal 2026?

Operating loss was $552K (-39.9% of revenue) and net loss $548K.

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Source: Marwynn Holdings 10-Q on SEC EDGAR.