Filing Flows › Upay (UPYY) › Q1 FY27
Upay (UPYY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 14, 2026
Upay (UPYY) reported revenue of $226K for the first quarter fiscal 2027 (Q1 FY27), +33% from a year earlier and +12% from the quarter before. Operating margin was -45.4%, net loss $115K (51.0% of revenue).
Upay, Q1 FY27: revenue $226K (+33% year over year), operating margin -45.4%, net loss $115K, operating cash flow −$74K. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $226K | +12% | +33% |
| Operating profit | −$103K | — | — |
| Net earnings | −$115K | — | — |
| Operating cash flow | −$74K | — | — |
What changed
Revenue was $226K in Q1 FY27, up 33% year over year and up 12% from the previous quarter.
Gross margin was 73.8%, down 1.3 points from Q1 FY26. Operating costs exceeded revenue by $103K, an operating margin of -45.4%. Operating expenses grew 4% against revenue growth of 33%. The quarter ended with a net loss of $115K, wider than the previous quarter's $115K loss.
Operating cash flow was −$74K. Non-cash charges added back $2K of depreciation. Working capital and other items added $40K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$75K.
Questions
What was Upay's revenue in the first quarter fiscal 2027?
Upay (UPYY) reported revenue of $226K for the first quarter fiscal 2027 (Q1 FY27), +33% from a year earlier and +12% from the quarter before.
Was Upay profitable in the first quarter fiscal 2027?
Operating loss was $103K (-45.4% of revenue) and net loss $115K.
Source: Upay 10-Q on SEC EDGAR.