Filing Flows › Track Group (TRCK) › Q3 FY26 › vs Q3 FY25
Track Group (TRCK) Q3 FY26 vs Q3 FY25 (year over year)
Track Group's revenue fell $6K (-0.1%) from $9.1M in Q3 FY25 to $9.1M in Q3 FY26. The biggest changes: Product Sales and Other −$442K (-43%); Monitoring and Other Related Services +$436K (+5%). Gross margin 46.6% against 50.5% (-3.9 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 Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 46.6% | 50.5% | -3.9 pts |
| Operating margin | 2.8% | 8.3% | -5.5 pts |
| Net margin | 247.0% | 15.8% | +231.2 pts |
| Free cash flow margin | 8.4% | 24.1% | -15.7 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Monitoring and Other Related Services | $8.5M | $8.1M | $436K | +5% |
| Product Sales and Other | $578K | $1.0M | −$442K | -43% |
| Revenue | $9.1M | $9.1M | −$6K | -0.1% |
| Gross profit | $4.2M | $4.6M | −$356K | -8% |
| Cost of revenue | $4.8M | $4.5M | $350K | +8% |
| Other income, net | $22.2M | $685K | $21.5M | 32× |
| Operating profit | $250K | $751K | −$501K | -67% |
| Operating expenses | $4.0M | $3.8M | $145K | +4% |
| Pre-tax earnings | $22.5M | $1.4M | $21.0M | 16× |
| Research & development | $651K | $676K | −$25K | -4% |
| Sales & marketing | $870K | $859K | $12K | +1% |
| General & admin | $2.2M | $2.1M | $154K | +7% |
| Other operating costs | $232K | $228K | $4K | +2% |
| Net earnings | $22.4M | $1.4M | $21.0M | 16× |
| Income tax | $11K | $2K | $9K | +552% |
| Operating cash sources | $23.6M | $2.4M | $21.2M | +885% |
| Depreciation & amortization | $1.2M | $962K | $201K | +21% |
| Working capital & other | $22.6M | −$389K | $23.0M | — |
| Operating cash flow | $1.0M | $2.8M | −$1.8M | -64% |
| Free cash flow (OCF − capex) | $767K | $2.2M | −$1.4M | -65% |
| Capital expenditures | $233K | $591K | −$358K | -60% |
Questions
How much did Track Group's revenue grow year over year in Q3 FY26?
Track Group's revenue fell $6K (-0.1%) from $9.1M in Q3 FY25 to $9.1M in Q3 FY26.
What drove Track Group's revenue change in Q3 FY26?
Product Sales and Other −$442K (-43%); Monitoring and Other Related Services +$436K (+5%).