Filing Flows › Airwa (YYAI) › Q1 FY27
Airwa (YYAI) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 22, 2026
Airwa (YYAI) reported revenue of $21.2M for the first quarter fiscal 2027 (Q1 FY27), +608% from a year earlier and +66% from the quarter before. Operating margin was -1.4%, net loss $507K (2.4% of revenue).
Airwa, Q1 FY27: revenue $21.2M (+608% year over year), operating margin -1.4%, net loss $507K, operating cash flow $27.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.2M | +66% | +608% |
| Operating profit | −$297K | — | -120% |
| Net earnings | −$507K | — | -140% |
| Operating cash flow | $27.7M | — | — |
What changed
Revenue was $21.2M in Q1 FY27, up 608% year over year and up 66% from the previous quarter. AI services was the largest line at 72% of revenue.
Gross margin was 26.5%, down 48.6 points from Q1 FY26. Operating costs exceeded revenue by $297K, an operating margin of -1.4%. Operating expenses grew 677% against revenue growth of 608%. The quarter ended with a net loss of $507K, narrower than the previous quarter's $17.0M loss.
Operating cash flow was $27.7M. Non-cash charges added back $62K of depreciation. Working capital and other items added $28.1M.
Questions
What was Airwa's revenue in the first quarter fiscal 2027?
Airwa (YYAI) reported revenue of $21.2M for the first quarter fiscal 2027 (Q1 FY27), +608% from a year earlier and +66% from the quarter before.
Was Airwa profitable in the first quarter fiscal 2027?
Operating loss was $297K (-1.4% of revenue) and net loss $507K.
Source: Airwa 10-Q on SEC EDGAR.