Filing Flows › Norris Industries (NRIS) › Q1 FY26
Norris Industries (NRIS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 15, 2025
Norris Industries (NRIS) reported revenue of $93K for the first quarter fiscal 2026 (Q1 FY26), -7% from a year earlier and +32% from the quarter before. Operating margin was -151.0%, net loss $167K (180.5% of revenue).
Norris Industries, Q1 FY26: revenue $93K (-8% year over year), operating margin -151.0%, net loss $167K, operating cash flow −$98K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93K | +32% | -7% |
| Operating profit | −$140K | — | — |
| Net earnings | −$167K | — | — |
| Operating cash flow | −$98K | — | — |
What changed
Revenue was $93K in Q1 FY26, down 7% year over year and up 32% from the previous quarter.
Operating costs exceeded revenue by $140K, an operating margin of -151.0%. Total costs fell 1% while revenue fell 7%. The fastest-growing cost line was General & admin (+15%). The quarter ended with a net loss of $167K, wider than the previous quarter's $118K loss.
Operating cash flow was −$98K. Non-cash charges added back $15K of depreciation and amortization. Working capital and other items added $55K.
Questions
What was Norris Industries' revenue in the first quarter fiscal 2026?
Norris Industries (NRIS) reported revenue of $93K for the first quarter fiscal 2026 (Q1 FY26), -7% from a year earlier and +32% from the quarter before.
Was Norris Industries profitable in the first quarter fiscal 2026?
Operating loss was $140K (-151.0% of revenue) and net loss $167K.
Source: Norris Industries 10-Q on SEC EDGAR.