Filing Flows › SRX Global (SRXH) › Q1 FY26
SRX Global (SRXH) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 13, 2026
SRX Global (SRXH) reported revenue of $2.8M for the first quarter fiscal 2026 (Q1 FY26), -61% from a year earlier. Operating margin was -135.0%, net loss $8.6M (306.9% of revenue).
SRX Global, Q1 FY26: revenue $2.8M (-61% year over year), operating margin -135.0%, net loss $8.6M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | — | -61% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$8.6M | -141% | — |
| Operating cash flow | −$2.9M | — | -300% |
What changed
Revenue was $2.8M in Q1 FY26, down 61% year over year.
Gross margin was 37.5%, up 1.2 points from Q1 FY25. Operating costs exceeded revenue by $3.8M, an operating margin of -135.0%. Operating expenses grew 14% against a revenue fall of 61%. The quarter ended with a net loss of $8.6M. Net interest and other expense of $4.8M was the main reason.
Operating cash flow was −$2.9M. Non-cash charges added back $15K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $4.7M.
Questions
What was SRX Global's revenue in the first quarter fiscal 2026?
SRX Global (SRXH) reported revenue of $2.8M for the first quarter fiscal 2026 (Q1 FY26), -61% from a year earlier.
Was SRX Global profitable in the first quarter fiscal 2026?
Operating loss was $3.8M (-135.0% of revenue) and net loss $8.6M.
Source: SRX Global 10-Q on SEC EDGAR.