Filing Flows › Trio-Tech International (TRT) › Q1 FY26
Trio-Tech International (TRT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 14, 2025
Trio-Tech International (TRT) reported revenue of $15.5M for the first quarter fiscal 2026 (Q1 FY26), +58% from a year earlier and +45% from the quarter before. Operating margin was 0.3%, net earnings $77K (0.5% of revenue).
Trio-Tech International, Q1 FY26: revenue $15.5M (+58% year over year), operating margin 0.3%, net earnings $77K, operating cash flow $933K. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.5M | +45% | +58% |
| Gross profit | $2.6M | -2% | +11% |
| Operating profit | $46K | -90% | -65% |
| Net earnings | $77K | -58% | — |
| Operating cash flow | $933K | — | — |
| Free cash flow | $887K | — | — |
What changed
Revenue was $15.5M in Q1 FY26, up 58% year over year and up 45% from the previous quarter. Service was the largest line at 60% of revenue. Service added $4.8M year over year (up 109%), 85% of the total change.
Gross margin was 16.7%, down 7.0 points from a year earlier. Operating profit was $46K, a 0.3% margin (down 1.1 points year over year). Operating profit fell $87K even though revenue rose $5.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 16% against revenue growth of 58%. Net earnings were $77K. The effective tax rate was 27.9%. Non-operating items added $183K, 80% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $933K, 565% of net income including minority interests. Non-cash charges added back $532K of depreciation and amortization and $58K of share-based compensation. Working capital and other items added $178K. Capital expenditures of $46K left free cash flow of $887K.
Questions
What was Trio-Tech International's revenue in the first quarter fiscal 2026?
Trio-Tech International (TRT) reported revenue of $15.5M for the first quarter fiscal 2026 (Q1 FY26), +58% from a year earlier and +45% from the quarter before.
Was Trio-Tech International profitable in the first quarter fiscal 2026?
Operating profit was $46K (0.3% of revenue) and net earnings $77K.