Filing Flows › Upay (UPYY) › Q2 FY27
Upay (UPYY) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Oct 20, 2026
Upay (UPYY) reported revenue of $285K for the second quarter fiscal 2027 (Q2 FY27), +51% from a year earlier and +26% from the quarter before. Operating margin was -84.7%, net loss $770K (270.1% of revenue).
Upay, Q2 FY27: revenue $285K (+51% year over year), operating margin -84.7%, net loss $770K, operating cash flow −$57. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $285K | +26% | +51% |
| Operating profit | −$242K | — | — |
| Net earnings | −$770K | — | — |
| Operating cash flow | −$57 | — | — |
What changed
Revenue was $285K in Q2 FY27, up 51% year over year and up 26% from the previous quarter.
Gross margin was 65.2%, down 10.8 points from Q2 FY26. Operating costs exceeded revenue by $242K, an operating margin of -84.7%. Operating expenses grew 72% against revenue growth of 51%. The fastest-growing cost line was General & admin (+72%). The quarter ended with a net loss of $770K, wider than the previous quarter's $115K loss. Minority interests bore $9K of it: to shareholders the quarter was a loss of $761K. Net interest and other expense of $529K was the main reason.
Operating cash flow was −$0K. Non-cash charges added back $2K of depreciation. Working capital and other items added $769K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$1K.
Questions
What was Upay's revenue in the second quarter fiscal 2027?
Upay (UPYY) reported revenue of $285K for the second quarter fiscal 2027 (Q2 FY27), +51% from a year earlier and +26% from the quarter before.
Was Upay profitable in the second quarter fiscal 2027?
Operating loss was $242K (-84.7% of revenue) and net loss $770K.
Source: Upay 10-Q on SEC EDGAR.