Filing Flows

Filing Flows › Technology › Track Group (TRCK)

Track Group (TRCK) earnings and revenue breakdown

Latest: Q3 FY26 · 10-Q filed Aug 14, 2026 · Track Group (TRCK) Q3 FY26 earnings results →

Q3 FY26 Revenue down 0% year over year to $9.1M · 247¢ of every $1 of revenue kept as net profit · operating margin 2.8%

Track Group made $9.1M in Q3 FY26 (-0.1% Y/Y): Monitoring and Other Related Services $8.5M, Product Sales and Other $578K. Operating margin 2.8%, net earnings $22.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$9.1M
Year over year-0.1%
Operating margin2.8%
Net earnings$22.4M
Operating cash flow$1.0M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $9.1M in Q3 FY26, roughly flat year over year and up 2% from the previous quarter. Monitoring and Other Related Services was the largest line at 94% of revenue. Product Sales and Other lost $442K year over year (down 43%), 7236% of the total change.

Gross margin was 46.6%, down 3.9 points from Q3 FY25. Operating profit was $250K, a 2.8% margin (down 5.5 points year over year). Operating expenses grew 4% against flat revenue. Net earnings were $22.4M, up 1465% year over year. The effective tax rate was 0.0%. Non-operating items added $22.2M, 99% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $1.0M (down 64% year over year), 4% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization. Working capital and other items used $22.6M. Capital expenditures of $233K left free cash flow of $767K.

Quarterly history

Track Group revenue by quarterTrack Group revenue by quarter$9.7MQ4 FY24$8.4MQ2 FY25$9.1MQ3 FY25$9.1MQ4 FY25$9.1MQ1 FY26$8.9MQ2 FY26$9.1MQ3 FY26
Track Group net earnings by quarterTrack Group net earnings by quarter−$309KQ4 FY24−$517KQ2 FY25$1.4MQ3 FY25−$790KQ4 FY25$515KQ1 FY26−$711KQ2 FY26$22.4MQ3 FY26
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 FY2610-QAug 14, 2026$9.1M-0.1%2.8%$22.4M$1.0M
Q2 FY2610-QMay 8, 2026$8.9M+7%4.6%−$711K$2.5M
Q1 FY2610-QFeb 13, 2026$9.1M+5%8.6%$515K$1.0M
Q4 FY2510-KDec 19, 2025$9.1M-7%3.5%−$790K$1.3M
Q3 FY2510-QAug 8, 2025$9.1M-1%8.3%$1.4M$2.8M
Q2 FY2510-QMay 14, 2025$8.4M-7%0.5%−$517K$488K
Q4 FY2410-KDec 23, 2024$9.7M+13%-2.3%−$309K$3.4M

Charts

Track Group: revenue growth, year over year and quarter over quarterTrack Group: revenue growth, year over year and quarter over quarterY/YQ/Q+13%Q4 FY24-7%-14%Q2 FY25-1%+9%Q3 FY25-7%+0%Q4 FY25+5%+0%Q1 FY26+7%-2%Q2 FY260%+2%Q3 FY26
Latest (Q3 FY26): Y/Y 0%, Q/Q +2%.
Track Group: where the cash came from (+) and went (−), TTM to Q3 FY26Track Group: where the cash came from (+) and went (−), TTM to Q3 FY26Other financing$26.7MNet borrowing (+) / repaid (−)−$23.5MOperating cash flow$5.8MCash drawn (+) / kept (−)−$3.5MOther investing−$3.3MCapital spending−$2.1MExchange rates−$34K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Track Group: profit against cash, quarter by quarterTrack Group: profit against cash, quarter by quarterNet incomeOperating cash flow−$309K$3.4MQ4 FY24−$2.0M−$217KQ1 FY25−$517K$488KQ2 FY25$1.4M$2.8MQ3 FY25−$790K$1.3MQ4 FY25$515K$1.0MQ1 FY26−$711K$2.5MQ2 FY26$22.4M$1.0MQ3 FY26
Latest (Q3 FY26): Net income $22.4M, Operating cash flow $1.0M.
Track Group: diluted shares by fiscal yearTrack Group: diluted shares by fiscal year11MFY2012MFY2112MFY2212MFY2312MFY2412MFY25
+3.9% since FY20: more shares outstanding (issuance, stock pay).
Track Group in its industry: growth against margin (12 companies, SIC 3669)Track Group in its industry: growth against margin (12 companies, SIC 3669)revenue growth, year over year →↑ operating marginmedian +6%median 3%LITEESEAIOTTBCHNSSCINSGREKRKSCPAMPGRSKIAASNSTRCK (0%, 3%)
Communications Equipment, NEC; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Track Group

Track Group, Inc., (the “ Company ”, “ we ”, “ us ”, and “ our ”), a Delaware corporation since 2016 and previously incorporated in 1995 as a Utah corporation, has its principal place of business at 200 E. 5th Avenue Suite 100, Naperville, Illinois 60563. Our telephone number is (877) 260-2010. We maintain a corporate website at www.trackgrp.com. Our common stock, par value $0.0001 per share (“ Common Stock ”), is currently listed for quotation on the OTCQB Venture Markets (“ OTCQB ”) under the symbol “TRCK”. Unless specified otherwise, as used in this Annual Report, references to Track Group, Inc.

In its own words, from its 10-K, filed Dec 19, 2025.

Track Group against its Communications Equipment, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -0.1% against the peers' median +5%. Operating margin: 2.8% against the peers' median 2.8%.

CompanyQuarterRevenueY/YOp. margin
TRCK Track GroupQ3 FY26$9.1M-0.1%2.8%
LITE Lumentum HoldingsQ1 FY27$1.3B+136%28.5%
ESE ESCO TechnologiesQ3 FY26$339M+14%12.1%
AIOT PowerfleetQ1 FY27$111M+6%0.2%
TBCH Turtle BeachQ3 2026$84.7M+5%6.9%
NSSC Napco Security TechnologiesQ1 FY27$50.0M+2%28.2%
INSG InseegoQ3 2026$33.3M-28%-21.6%
REKR Rekor SystemsQ2 2026$12.7M+2%1.8%
KSCP KnightscopeQ2 2026$9.0M+228%-145.1%

Source: Track Group 10-Q on SEC EDGAR · CIK 1045942 · Communications Equipment, NEC

More on TRCK

History

Every quarter: Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results · Q4 FY24 results

Compare TRCK with

中文版：Track Group（TRCK）财报

Español · Français