Filing Flows › Pro DEX (PDEX) › Q1 FY27
Pro DEX (PDEX) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 29, 2026
Pro DEX (PDEX) reported revenue of $20.6M for the first quarter fiscal 2027 (Q1 FY27), +11% from a year earlier and +0.8% from the quarter before. Operating margin was 17.1%, net earnings $3.0M (14.8% of revenue).
Pro DEX, Q1 FY27: revenue $20.6M (+11% year over year), operating margin 17.1%, net earnings $3.0M, operating cash flow $6.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.6M | +0.8% | +11% |
| Gross profit | $6.9M | -3% | +28% |
| Operating profit | $3.5M | -0.4% | +13% |
| Net earnings | $3.0M | +7% | -35% |
| Operating cash flow | $6.5M | — | +181% |
| Free cash flow | $6.1M | — | +178% |
What changed
Revenue was $20.6M in Q1 FY27, up 11% year over year and up 1% from the previous quarter.
Gross margin was 33.4%, up 4.4 points from Q1 FY26. Operating profit was $3.5M, a 17.1% margin (up 0.3 points year over year). Of the extra revenue versus Q1 FY26, 20% reached operating profit, above the 17% margin then. Operating expenses grew 48% against revenue growth of 11%. The fastest-growing cost line was Research & development (+58%). Net earnings were $3.0M, down 35% year over year. The effective tax rate was 9.8%.
Operating cash flow was $6.5M (up 181% year over year), 213% of net earnings. Non-cash charges added back $403K of depreciation and amortization and $135K of share-based compensation. Working capital and other items added $2.9M. Capital expenditures of $346K left free cash flow of $6.1M.
Questions
What was Pro DEX's revenue in the first quarter fiscal 2027?
Pro DEX (PDEX) reported revenue of $20.6M for the first quarter fiscal 2027 (Q1 FY27), +11% from a year earlier and +0.8% from the quarter before.
Was Pro DEX profitable in the first quarter fiscal 2027?
Operating profit was $3.5M (17.1% of revenue) and net earnings $3.0M.
Source: Pro DEX 10-Q on SEC EDGAR.