Filing Flows › Norris Industries (NRIS) › Q1 FY27
Norris Industries (NRIS) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 15, 2026
Norris Industries (NRIS) reported revenue of $90K for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and +65% from the quarter before. Operating margin was -231.5%, net loss $242K (268.2% of revenue).
Norris Industries, Q1 FY27: revenue $90K (-3% year over year), operating margin -231.5%, net loss $242K, operating cash flow −$212K. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $90K | +65% | -3% |
| Operating profit | −$209K | — | — |
| Net earnings | −$242K | — | — |
| Operating cash flow | −$212K | — | — |
What changed
Revenue was $90K in Q1 FY27, down 3% year over year and up 65% from the previous quarter.
Operating costs exceeded revenue by $209K, an operating margin of -231.5%. Total costs grew 29% against a revenue fall of 3%. The fastest-growing cost line was General & admin (+79%). The quarter ended with a net loss of $242K, wider than the previous quarter's $184K loss.
Operating cash flow was −$212K. Non-cash charges added back $2K of depreciation and amortization. Working capital and other items added $29K.
Questions
What was Norris Industries' revenue in the first quarter fiscal 2027?
Norris Industries (NRIS) reported revenue of $90K for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and +65% from the quarter before.
Was Norris Industries profitable in the first quarter fiscal 2027?
Operating loss was $209K (-231.5% of revenue) and net loss $242K.
Source: Norris Industries 10-Q on SEC EDGAR.