Filing Flows › Verde Resources (VRDR) › Q3 FY26
Verde Resources (VRDR) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 13, 2026
Verde Resources (VRDR) reported revenue of $460K for the third quarter fiscal 2026 (Q3 FY26), up 660-fold from a year earlier and up 98-fold from the quarter before. Operating margin was -154.3%, net loss $513K (111.5% of revenue).
Verde Resources, Q3 FY26: revenue $460K (660× year over year), operating margin -154.3%, net loss $513K, operating cash flow −$371K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $460K | 98× | 660× |
| Operating profit | −$710K | — | — |
| Net earnings | −$513K | — | — |
| Operating cash flow | −$371K | — | — |
What changed
Revenue was $460K in Q3 FY26, up 65898% year over year and up 9731% from the previous quarter.
Gross margin was 35.6%, down 42.1 points from Q3 FY25. Operating costs exceeded revenue by $710K, an operating margin of -154.3%. Operating expenses fell 28% while revenue rose 65898%. The fastest-growing cost line was Other operating costs (+27%). The quarter ended with a net loss of $513K, narrower than the previous quarter's $934K loss. Non-operating items added $197K, -38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$371K. Non-cash charges added back $59K of depreciation. Working capital and other items added $83K.
Questions
What was Verde Resources' revenue in the third quarter fiscal 2026?
Verde Resources (VRDR) reported revenue of $460K for the third quarter fiscal 2026 (Q3 FY26), up 660-fold from a year earlier and up 98-fold from the quarter before.
Was Verde Resources profitable in the third quarter fiscal 2026?
Operating loss was $710K (-154.3% of revenue) and net loss $513K.
Source: Verde Resources 10-Q on SEC EDGAR.