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Trio-Tech International (TRT) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Feb 13, 2026

Trio-Tech International (TRT) reported revenue of $15.6M for the second quarter fiscal 2026 (Q2 FY26), +82% from a year earlier and +0.9% from the quarter before. Operating margin was 0.6%, net earnings $126K (0.8% of revenue).

Revenue$15.6M
Year over year+82%
Quarter over quarter+0.9%
Operating margin0.6%
Net earnings$126K

Trio-Tech International, Q2 FY26: revenue $15.6M (+82% year over year), operating margin 0.6%, net earnings $126K, operating cash flow $134K. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$15.6M+0.9%+82%
Gross profit$2.5M-3%+13%
Operating profit$97K+111%—
Net earnings$126K+64%-75%
Operating cash flow$134K-86%-94%

What changed

Revenue was $15.6M in Q2 FY26, up 82% year over year and up 1% from the previous quarter. Service was the largest line at 68% of revenue. Service added $6.7M year over year (up 166%), 95% of the total change. Product and Service, Other declined 11%.

Gross margin was 16.0%, down 9.8 points from Q2 FY25. Operating profit was $97K, a 0.6% margin (up 0.7 points year over year). Operating expenses grew 8% against revenue growth of 82%. Net earnings were $126K, down 75% year over year. The effective tax rate was 20.9%. Non-operating items added $271K, 74% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $134K (down 94% year over year), 46% of net income including minority interests. Non-cash charges added back $441K of depreciation and amortization and $55K of share-based compensation. Working capital and other items used $653K. Capital expenditures of $286K exceeded it, leaving free cash flow of −$152K.

Questions

What was Trio-Tech International's revenue in the second quarter fiscal 2026?

Trio-Tech International (TRT) reported revenue of $15.6M for the second quarter fiscal 2026 (Q2 FY26), +82% from a year earlier and +0.9% from the quarter before.

Was Trio-Tech International profitable in the second quarter fiscal 2026?

Operating profit was $97K (0.6% of revenue) and net earnings $126K.

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Source: Trio-Tech International 10-Q on SEC EDGAR.