Filing Flows › Track Group (TRCK) › Q3 FY26 › vs Q2 FY26
Track Group (TRCK) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Track Group's revenue rose $141K (+2%) from $8.9M in Q2 FY26 to $9.1M in Q3 FY26. The biggest changes: Monitoring and Other Related Services +$140K (+2%); Product Sales and Other +$1K (+0.1%). Gross margin 46.6% against 50.2% (-3.6 pts).
Track Group, Q3 FY26: revenue $9.1M (-0.1% year over year), operating margin 2.8%, net earnings $22.4M, operating cash flow $1.0M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 46.6% | 50.2% | -3.6 pts |
| Operating margin | 2.8% | 4.6% | -1.8 pts |
| Net margin | 247.0% | -8.0% | +255.0 pts |
| Free cash flow margin | 8.4% | 25.4% | -17.0 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Monitoring and Other Related Services | $8.5M | $8.4M | $140K | +2% |
| Product Sales and Other | $578K | $578K | $1K | +0.1% |
| Revenue | $9.1M | $8.9M | $141K | +2% |
| Gross profit | $4.2M | $4.5M | −$255K | -6% |
| Cost of revenue | $4.8M | $4.5M | $396K | +9% |
| Other income, net | $22.2M | −$1.1M | $23.3M | — |
| Operating profit | $250K | $410K | −$160K | -39% |
| Operating expenses | $4.0M | $4.1M | −$96K | -2% |
| Pre-tax earnings | $22.5M | −$711K | $23.2M | — |
| Research & development | $651K | $699K | −$48K | -7% |
| Sales & marketing | $870K | $910K | −$39K | -4% |
| General & admin | $2.2M | $2.2M | −$12K | -0.5% |
| Other operating costs | $232K | $228K | $4K | +2% |
| Net earnings | $22.4M | −$711K | $23.2M | — |
| Income tax | $11K | $0 | $11K | — |
| Operating cash sources | $23.6M | $255K | $23.4M | 93× |
| Depreciation & amortization | $1.2M | $966K | $197K | +20% |
| Working capital & other | $22.6M | −$2.2M | $24.8M | — |
| Operating cash flow | $1.0M | $2.5M | −$1.5M | -59% |
| Free cash flow (OCF − capex) | $767K | $2.3M | −$1.5M | -66% |
| Capital expenditures | $233K | $187K | $47K | +25% |
Questions
How much did Track Group's revenue grow quarter over quarter in Q3 FY26?
Track Group's revenue rose $141K (+2%) from $8.9M in Q2 FY26 to $9.1M in Q3 FY26.
What drove Track Group's revenue change in Q3 FY26?
Monitoring and Other Related Services +$140K (+2%); Product Sales and Other +$1K (+0.1%).