Filing Flows › Valor Energy (VAI) › Q3 FY26
Valor Energy (VAI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 13, 2026
Valor Energy (VAI) reported revenue of $359K for the third quarter fiscal 2026 (Q3 FY26), -21% from a year earlier and -62% from the quarter before. Operating margin was -305.7%, net loss $3.0M (827.9% of revenue).
Valor Energy, Q3 FY26: revenue $359K (-20% year over year), operating margin -305.7%, net loss $3.0M, operating cash flow −$866K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $359K | -62% | -21% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$866K | — | -343% |
What changed
Revenue was $359K in Q3 FY26, down 21% year over year and down 62% from the previous quarter. Operating Lease Revenues From Automobile Rentals was the largest line at 88% of revenue. Operating Lease Revenues From Automobile Rentals lost $93K year over year (down 23%), 100% of the total change.
Gross margin was 13.8%, down 9.7 points from Q3 FY25. Operating costs exceeded revenue by $1.1M, an operating margin of -305.7%. Operating expenses grew 122% against a revenue fall of 21%. The fastest-growing cost line was Other operating costs (+373%). The quarter ended with a net loss of $3.0M, wider than the previous quarter's $724K loss. Net interest and other expense of $1.9M was the main reason.
Operating cash flow was −$866K. Non-cash charges added back $220K of depreciation and amortization and $250K of share-based compensation. Working capital and other items added $1.6M.
Questions
What was Valor Energy's revenue in the third quarter fiscal 2026?
Valor Energy (VAI) reported revenue of $359K for the third quarter fiscal 2026 (Q3 FY26), -21% from a year earlier and -62% from the quarter before.
Was Valor Energy profitable in the third quarter fiscal 2026?
Operating loss was $1.1M (-305.7% of revenue) and net loss $3.0M.
Source: Valor Energy 10-Q on SEC EDGAR.