Filing Flows › Zoomcar Holdings (ZCAR) › Q2 FY26
Zoomcar Holdings (ZCAR) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Nov 14, 2025
Zoomcar Holdings (ZCAR) reported revenue of $2.3M for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and -1% from the quarter before. Operating margin was -86.6%, net loss $794K (34.7% of revenue).
Zoomcar Holdings, Q2 FY26: revenue $2.3M (+2% year over year), operating margin -86.6%, net loss $794K, operating cash flow −$624K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3M | -1% | +2% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$794K | — | — |
| Operating cash flow | −$624K | -795% | — |
What changed
Revenue was $2.3M in Q2 FY26, up 2% year over year and down 1% from the previous quarter. Revenues From Services was the largest line at 100% of revenue. Revenues From Services added $42K year over year (up 2%), 103% of the total change. Other Revenues declined 18%.
Operating costs exceeded revenue by $2.0M, an operating margin of -86.6%. Total costs grew 12% against revenue growth of 2%. The fastest-growing cost line was General & admin (+30%). The quarter ended with a net loss of $794K, narrower than the previous quarter's $4.2M loss. Non-operating items added $1.2M, -149% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$624K. Non-cash charges added back $35K of depreciation and amortization and $294K of share-based compensation. Working capital and other items used $159K. Capital expenditures of −$0K exceeded it, leaving free cash flow of −$624K.
Questions
What was Zoomcar Holdings' revenue in the second quarter fiscal 2026?
Zoomcar Holdings (ZCAR) reported revenue of $2.3M for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and -1% from the quarter before.
Was Zoomcar Holdings profitable in the second quarter fiscal 2026?
Operating loss was $2.0M (-86.6% of revenue) and net loss $794K.
Source: Zoomcar Holdings 10-Q on SEC EDGAR.