Filing Flows › ReposiTrak (TRAK) › Q1 FY26
ReposiTrak (TRAK) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 13, 2025
ReposiTrak (TRAK) reported revenue of $6.0M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +4% from the quarter before. Operating margin was 31.7%, net earnings $1.8M (30.5% of revenue).
ReposiTrak, Q1 FY26: revenue $6.0M (+10% year over year), operating margin 31.7%, net earnings $1.8M, operating cash flow $1.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.0M | +4% | +10% |
| Operating profit | $1.9M | +19% | +28% |
| Net earnings | $1.8M | +1% | +9% |
| Operating cash flow | $1.5M | -7% | -18% |
| Free cash flow | $1.5M | -7% | -18% |
What changed
Revenue was $6.0M in Q1 FY26, up 10% year over year and up 4% from the previous quarter. Subscription and Support was the largest line at 99% of revenue. Subscription and Support added $588K year over year (up 11%), 111% of the total change. Professional Services declined 66%.
Operating profit was $1.9M, a 31.7% margin (up 4.5 points year over year). Of the extra revenue versus a year earlier, 78% reached operating profit, above the 27% margin then. Total costs grew 3% against revenue growth of 10%. Net earnings were $1.8M, up 9% year over year. The effective tax rate was 19.8%.
Operating cash flow was $1.5M (down 18% year over year), 85% of net earnings. Non-cash charges added back $244K of depreciation and amortization and $101K of share-based compensation. Working capital and other items used $626K. Capital expenditures of $12K left free cash flow of $1.5M.
Questions
What was ReposiTrak's revenue in the first quarter fiscal 2026?
ReposiTrak (TRAK) reported revenue of $6.0M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +4% from the quarter before.
Was ReposiTrak profitable in the first quarter fiscal 2026?
Operating profit was $1.9M (31.7% of revenue) and net earnings $1.8M.
Source: ReposiTrak 10-Q on SEC EDGAR.