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QDM International (QDMI) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Feb 17, 2026

QDM International (QDMI) reported revenue of $4.8M for the third quarter fiscal 2026 (Q3 FY26), +201% from a year earlier and +20% from the quarter before. Operating margin was 31.8%, net earnings $1.3M (26.6% of revenue).

Revenue$4.8M
Year over year+201%
Quarter over quarter+20%
Operating margin31.8%
Net earnings$1.3M

QDM International, Q3 FY26: revenue $4.8M (+201% year over year), operating margin 31.8%, net earnings $1.3M, operating cash flow −$422K. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$4.8M+20%+201%
Gross profit$2.6M—+91%
Operating profit$1.5M—+67%
Net earnings$1.3M—+80%
Operating cash flow−$422K-215%-194%

What changed

Revenue was $4.8M in Q3 FY26, up 201% year over year and up 20% from the previous quarter.

Gross margin was 54.6%, down 31.4 points from Q3 FY25. Operating profit was $1.5M, a 31.8% margin (down 25.6 points year over year). Of the extra revenue versus Q3 FY25, 19% reached operating profit, below the 57% margin then. Operating expenses grew 141% against revenue growth of 201%. Net earnings were $1.3M, up 80% year over year. The effective tax rate was 18.4%.

Operating cash flow was −$422K. Non-cash charges added back $8K of depreciation. Working capital and other items used $1.7M.

Questions

What was QDM International's revenue in the third quarter fiscal 2026?

QDM International (QDMI) reported revenue of $4.8M for the third quarter fiscal 2026 (Q3 FY26), +201% from a year earlier and +20% from the quarter before.

Was QDM International profitable in the third quarter fiscal 2026?

Operating profit was $1.5M (31.8% of revenue) and net earnings $1.3M.

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Source: QDM International 10-Q on SEC EDGAR.