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Zoomcar Holdings (ZCAR) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Aug 14, 2026 · Zoomcar Holdings (ZCAR) Q1 FY27 earnings results →

Q1 FY27 Revenue up 2% year over year to $2.4M · 228¢ of every $1 of revenue lost · operating margin -37.4%

Zoomcar Holdings made $2.4M in Q1 FY27 (+2% Y/Y): Revenues from services $2.3M, Other revenues $65K. Operating margin -37.4%, net loss $5.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$2.4M
Year over year+2%
Operating margin-37.4%
Net earnings−$5.4M
Operating cash flow−$483K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $2.4M in Q1 FY27, up 2% year over year and up 7% from the previous quarter. Revenues from services was the largest line at 97% of revenue. Other revenues added $52K year over year (up 419%), 135% of the total change. Revenues from services declined 1%.

Operating costs exceeded revenue by $879K, an operating margin of -37.4%. Total costs fell 21% while revenue rose 2%. The quarter ended with a net loss of $5.4M, narrower than the previous quarter's $8.9M loss. Net interest and other expense of $4.5M was the main reason.

Operating cash flow was −$483K. Non-cash charges added back $21K of depreciation and amortization and $247K of share-based compensation. Working capital and other items added $4.6M.

Quarterly history

Zoomcar Holdings revenue by quarterZoomcar Holdings revenue by quarter$2.4MQ3 FY25$2.2MQ4 FY25$2.3MQ1 FY26$2.3MQ2 FY26$2.4MQ3 FY26$2.2MQ4 FY26$2.4MQ1 FY27
Zoomcar Holdings net earnings by quarterZoomcar Holdings net earnings by quarter−$7.9MQ3 FY25−$11.8MQ4 FY25−$4.2MQ1 FY26−$794KQ2 FY26−$721KQ3 FY26−$8.9MQ4 FY26−$5.4MQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QAug 14, 2026$2.4M+2%-37.4%−$5.4M−$483K
Q4 FY2610-KJul 14, 2026$2.2M+1%-70.8%−$8.9M−$53K
Q3 FY2610-QFeb 17, 2026$2.4M-3%-62.3%−$721K−$772K
Q2 FY2610-QNov 14, 2025$2.3M+2%-86.6%−$794K−$624K
Q1 FY2610-QAug 14, 2025$2.3M+3%-76.2%−$4.2M$90K
Q4 FY2510-KJun 30, 2025$2.2M-0.5%-102.2%−$11.8M−$3.5M
Q3 FY2510-QFeb 14, 2025$2.4M+1%-132.2%−$7.9M−$2.5M

Charts

Zoomcar Holdings: revenue growth, year over year and quarter over quarterZoomcar Holdings: revenue growth, year over year and quarter over quarterY/YQ/Q+1%Q3 FY250%-11%Q4 FY25+3%+7%Q1 FY26+2%-1%Q2 FY26-3%+3%Q3 FY26+1%-7%Q4 FY26+2%+7%Q1 FY27
Latest (Q1 FY27): Y/Y +2%, Q/Q +7%.
Zoomcar Holdings: where the cash came from (+) and went (−), TTM to Q1 FY27Zoomcar Holdings: where the cash came from (+) and went (−), TTM to Q1 FY27Other financing$2.4MOperating cash flow−$2.0MNet borrowing (+) / repaid (−)−$267KExchange rates−$105KCash drawn (+) / kept (−)$29KOther investing$12K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Zoomcar Holdings: profit against cash, quarter by quarterZoomcar Holdings: profit against cash, quarter by quarterNet incomeOperating cash flow−$3.4M−$720KQ2 FY25−$7.9M−$2.5MQ3 FY25−$11.8M−$3.5MQ4 FY25−$4.2M$194KQ1 FY26−$794K−$728KQ2 FY26−$721K−$772KQ3 FY26−$8.9M−$53KQ4 FY26−$5.4M−$483KQ1 FY27
Latest (Q1 FY27): Net income −$5.4M, Operating cash flow −$483K.
Zoomcar Holdings: diluted shares by fiscal year (split-adjusted)Zoomcar Holdings: diluted shares by fiscal year (split-adjusted)10MFY23335MFY2410MFY2511MFY26
+18.6% since FY23: more shares outstanding (issuance, stock pay); earlier years scaled for the 20-for-1 split before FY26.
Zoomcar Holdings in its industry: growth against margin (7 companies, SIC 7510)Zoomcar Holdings in its industry: growth against margin (7 companies, SIC 7510)revenue growth, year over year →↑ operating marginmedian +3%median 3%CARRHTZHertz CorpUHALVAIZCAR (+2%, -37%)
Services-Auto Rental & Leasing (No Drivers); dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Zoomcar Holdings

Zoomcar’s mission is to transform the urban mobility landscape across emerging market countries by connecting individuals with short and medium-term transportation needs with vehicle owners through the convenience of our scalable digital platform designed to provide persons seeking short-term vehicle use with personalized travel solutions while also providing entrepreneurial opportunities for vehicle owners to financially benefit from sharing their car within their community. Zoomcar, headquartered in Bangalore, India, is a leading emerging market-focused online car sharing marketplace, based on the number of current vehicles and active users on our platform. Our platform enables car owners (“Hosts”) and persons in temporary need of vehicles (“Guests”) to connect and share the use of a Host’s car, made available to Guests at mutually convenient locations.

In its own words, from its 10-K, filed Jul 14, 2026.

Zoomcar Holdings against its Services-Auto Rental & Leasing (No Drivers) peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +2% against the peers' median +3%. Operating margin: -37.4% against the peers' median 3.3%.

CompanyQuarterRevenueY/YOp. margin
ZCAR Zoomcar HoldingsQ1 FY27$2.4M+2%-37.4%
CAR Avis Budget GroupQ3 2026$3.4B-2%9.0%
R Ryder SystemQ3 2026$3.4B+8%6.6%
HTZ Hertz Global HoldingsQ3 2026$2.6B+6%3.3%
HertzQ2 2026$2.4B+10%3.0%
UHAL U-Haul HoldingQ2 FY27$1.8B+3%15.0%
VAI Valor EnergyQ1 FY27$361K-16%-174.8%

Source: Zoomcar Holdings 10-Q on SEC EDGAR · CIK 1854275 · Services-Auto Rental & Leasing (No Drivers)

13F: who owns ZCAR and who is buying

Funds' net buying of ZCAR by quarter (13F)Funds' net buying of ZCAR by quarter (13F)$5K2025-03$02025-06$02025-09
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on ZCAR

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

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中文版:Zoomcar Holdings(ZCAR)财报

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