Filing Flows › Surge Components (SPRS) › Q3 FY26
Surge Components (SPRS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Oct 14, 2026
Surge Components (SPRS) reported revenue of $10.1M for the third quarter fiscal 2026 (Q3 FY26), -2% from a year earlier and +8% from the quarter before. Operating margin was 2.4%, net earnings $221K (2.2% of revenue).
Surge Components, Q3 FY26: revenue $10.1M (-2% year over year), operating margin 2.4%, net earnings $221K, operating cash flow −$673K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.1M | +8% | -2% |
| Gross profit | $2.7M | -5% | -4% |
| Operating profit | $242K | -47% | -63% |
| Net earnings | $221K | -45% | -53% |
| Operating cash flow | −$673K | -335% | -777% |
What changed
Revenue was $10.1M in Q3 FY26, down 2% year over year and up 8% from the previous quarter.
Gross margin was 27.1%, down 0.5 points from Q3 FY25. Operating profit was $242K, a 2.4% margin (down 4.0 points year over year). Operating expenses grew 14% against a revenue fall of 2%. The fastest-growing cost line was Sales & marketing (+20%). Net earnings were $221K, down 53% year over year. The effective tax rate was 43.4%. Non-operating items added $148K, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$673K. Non-cash charges added back $17K of depreciation and amortization and $19K of share-based compensation. Working capital and other items used $930K. Capital expenditures of $3K exceeded it, leaving free cash flow of −$676K.
Questions
What was Surge Components' revenue in the third quarter fiscal 2026?
Surge Components (SPRS) reported revenue of $10.1M for the third quarter fiscal 2026 (Q3 FY26), -2% from a year earlier and +8% from the quarter before.
Was Surge Components profitable in the third quarter fiscal 2026?
Operating profit was $242K (2.4% of revenue) and net earnings $221K.
Source: Surge Components 10-Q on SEC EDGAR.