Filing Flows › Airwa (YYAI) › Q3 FY26
Airwa (YYAI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Mar 17, 2026
Airwa (YYAI) reported revenue of $7.0M for the third quarter fiscal 2026 (Q3 FY26), +113% from a year earlier and +132% from the quarter before. Operating margin was -22.5%, net loss $1.6M (23.2% of revenue).
Airwa, Q3 FY26: revenue $7.0M (+113% year over year), operating margin -22.5%, net loss $1.6M, operating cash flow $35.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0M | +132% | +113% |
| Operating profit | −$1.6M | -2964% | -395% |
| Net earnings | −$1.6M | — | -1133% |
| Operating cash flow | $35.7M | — | — |
What changed
Revenue was $7.0M in Q3 FY26, up 113% year over year and up 132% from the previous quarter. Advertising was the largest line at 82% of revenue. Royalty declined 62%.
Gross margin was 5.6%, down 71.6 points from Q3 FY25. Operating costs exceeded revenue by $1.6M, an operating margin of -22.5%. Operating expenses fell 2% while revenue rose 113%. The quarter ended with a net loss of $1.6M, wider than the previous quarter's $222K loss.
Operating cash flow was $35.7M. Non-cash charges added back $744K of depreciation and amortization. Working capital and other items added $36.6M.
Questions
What was Airwa's revenue in the third quarter fiscal 2026?
Airwa (YYAI) reported revenue of $7.0M for the third quarter fiscal 2026 (Q3 FY26), +113% from a year earlier and +132% from the quarter before.
Was Airwa profitable in the third quarter fiscal 2026?
Operating loss was $1.6M (-22.5% of revenue) and net loss $1.6M.
Source: Airwa 10-Q on SEC EDGAR.