Filing Flows › Pro DEX (PDEX) › Q1 FY26
Pro DEX (PDEX) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Oct 30, 2025
Pro DEX (PDEX) reported revenue of $18.5M for the first quarter fiscal 2026 (Q1 FY26), +24% from a year earlier and +6% from the quarter before. Operating margin was 16.8%, net earnings $4.7M (25.3% of revenue).
Pro DEX, Q1 FY26: revenue $18.5M (+24% year over year), operating margin 16.8%, net earnings $4.7M, operating cash flow $2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.5M | +6% | +24% |
| Gross profit | $5.4M | +54% | +4% |
| Operating profit | $3.1M | +131% | +3% |
| Net earnings | $4.7M | +291% | +90% |
| Operating cash flow | $2.3M | — | +22% |
| Free cash flow | $2.2M | — | +52% |
What changed
Revenue was $18.5M in Q1 FY26, up 24% year over year and up 6% from the previous quarter.
Gross margin was 29.0%, down 5.6 points from a year earlier. Operating profit was $3.1M, a 16.8% margin (down 3.5 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, below the 20% margin then. Operating expenses grew 6% against revenue growth of 24%. The fastest-growing cost line was Sales & marketing (+52%). Net earnings were $4.7M, up 90% year over year. The effective tax rate was 24.8%. Non-operating items added $3.1M, 50% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.3M (up 22% year over year), 49% of net earnings. Non-cash charges added back $311K of depreciation and amortization and $161K of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $98K left free cash flow of $2.2M.
Questions
What was Pro DEX's revenue in the first quarter fiscal 2026?
Pro DEX (PDEX) reported revenue of $18.5M for the first quarter fiscal 2026 (Q1 FY26), +24% from a year earlier and +6% from the quarter before.
Was Pro DEX profitable in the first quarter fiscal 2026?
Operating profit was $3.1M (16.8% of revenue) and net earnings $4.7M.
Source: Pro DEX 10-Q on SEC EDGAR.