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Norris Industries (NRIS) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Mar 10, 2026

Norris Industries (NRIS) reported revenue of $54K for the third quarter fiscal 2026 (Q3 FY26), -34% from a year earlier and -36% from the quarter before. Operating margin was -236.3%, net loss $158K (291.7% of revenue).

Revenue$54K
Year over year-34%
Quarter over quarter-36%
Operating margin-236.3%
Net earnings−$158K

Norris Industries, Q3 FY26: revenue $54K (-34% year over year), operating margin -236.3%, net loss $158K, operating cash flow −$152K. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$54K-36%-34%
Operating profit−$128K——
Net earnings−$158K——
Operating cash flow−$152K——

What changed

Revenue was $54K in Q3 FY26, down 34% year over year and down 36% from the previous quarter.

Operating costs exceeded revenue by $128K, an operating margin of -236.3%. Total costs fell 3% while revenue fell 34%. The quarter ended with a net loss of $158K, wider than the previous quarter's $152K loss.

Operating cash flow was −$152K. Non-cash charges added back $5K of depreciation and amortization.

Questions

What was Norris Industries' revenue in the third quarter fiscal 2026?

Norris Industries (NRIS) reported revenue of $54K for the third quarter fiscal 2026 (Q3 FY26), -34% from a year earlier and -36% from the quarter before.

Was Norris Industries profitable in the third quarter fiscal 2026?

Operating loss was $128K (-236.3% of revenue) and net loss $158K.

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Source: Norris Industries 10-Q on SEC EDGAR.