Filing Flows › Airwa (YYAI) › Q1 FY26
Airwa (YYAI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Sep 15, 2025
Airwa (YYAI) reported revenue of $3.0M for the first quarter fiscal 2026 (Q1 FY26), -8% from a year earlier and 0% from the quarter before. Operating margin was 49.7%, net earnings $1.3M (42.0% of revenue).
Airwa, Q1 FY26: revenue $3.0M (-8% year over year), operating margin 49.7%, net earnings $1.3M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0M | 0% | -8% |
| Gross profit | $2.3M | 0% | -11% |
| Operating profit | $1.5M | +16% | -39% |
| Net earnings | $1.3M | +116% | -39% |
| Operating cash flow | −$1.1M | — | — |
What changed
Revenue was $3.0M in Q1 FY26, down 8% year over year and roughly flat from the previous quarter.
Gross margin was 75.2%, down 2.1 points from a year earlier. Operating profit was $1.5M, a 49.7% margin (down 24.8 points year over year). Operating expenses grew 764% against a revenue fall of 8%. Net earnings were $1.3M. The effective tax rate was 16.5%.
Operating cash flow was −$1.1M. Non-cash charges added back $744K of depreciation and amortization. Working capital and other items used $3.1M.
Questions
What was Airwa's revenue in the first quarter fiscal 2026?
Airwa (YYAI) reported revenue of $3.0M for the first quarter fiscal 2026 (Q1 FY26), -8% from a year earlier and 0% from the quarter before.
Was Airwa profitable in the first quarter fiscal 2026?
Operating profit was $1.5M (49.7% of revenue) and net earnings $1.3M.
Source: Airwa 10-Q on SEC EDGAR.