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Norris Industries (NRIS) Q2 FY27 earnings results (second quarter fiscal 2027)

10-Q filed Oct 13, 2026

Norris Industries (NRIS) reported revenue of $85K for the second quarter fiscal 2027 (Q2 FY27), +0.7% from a year earlier and -6% from the quarter before. Operating margin was -148.3%, net loss $161K (189.8% of revenue).

Revenue$85K
Year over year+0.7%
Quarter over quarter-6%
Operating margin-148.3%
Net earnings−$161K

Norris Industries, Q2 FY27: revenue $85K (+0.7% year over year), operating margin -148.3%, net loss $161K, operating cash flow −$99K. The chart follows the revenue to costs, profit and cash.

Q2 FY27AmountQ/QY/Y
Revenue$85K-6%+0.7%
Operating profit−$126K——
Net earnings−$161K——
Operating cash flow−$99K——

What changed

Revenue was $85K in Q2 FY27, up 1% year over year and down 6% from the previous quarter.

Operating costs exceeded revenue by $126K, an operating margin of -148.3%. Total costs grew 2% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $161K, narrower than the previous quarter's $242K loss.

Operating cash flow was −$99K. Non-cash charges added back $10K of depreciation and amortization. Working capital and other items added $53K.

Questions

What was Norris Industries' revenue in the second quarter fiscal 2027?

Norris Industries (NRIS) reported revenue of $85K for the second quarter fiscal 2027 (Q2 FY27), +0.7% from a year earlier and -6% from the quarter before.

Was Norris Industries profitable in the second quarter fiscal 2027?

Operating loss was $126K (-148.3% of revenue) and net loss $161K.

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Source: Norris Industries 10-Q on SEC EDGAR.