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Verde Resources (VRDR) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Nov 19, 2025

Verde Resources (VRDR) reported revenue of $2K for the first quarter fiscal 2026 (Q1 FY26), -98% from a year earlier and -50% from the quarter before.

Revenue$2K
Year over year-98%
Quarter over quarter-50%
Operating margin—
Net earnings−$920K

Verde Resources, Q1 FY26: revenue $2K (-98% year over year), net loss $920K, operating cash flow −$778K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$2K-50%-98%
Operating profit−$944K——
Net earnings−$920K——
Operating cash flow−$778K——

What changed

Revenue was $2K in Q1 FY26, down 98% year over year and down 50% from the previous quarter.

Gross margin was 41.2%, down 19.3 points from a year earlier. Operating costs exceeded revenue by $944K, an operating margin of -41601.5%. Operating expenses grew 9% against a revenue fall of 98%. The quarter ended with a net loss of $920K, narrower than the previous quarter's $1.3M loss.

Operating cash flow was −$778K. Non-cash charges added back $26K of depreciation and amortization and $153K of share-based compensation.

Questions

What was Verde Resources' revenue in the first quarter fiscal 2026?

Verde Resources (VRDR) reported revenue of $2K for the first quarter fiscal 2026 (Q1 FY26), -98% from a year earlier and -50% from the quarter before.

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Source: Verde Resources 10-Q on SEC EDGAR.