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Zoomcar Holdings (ZCAR) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Feb 17, 2026

Zoomcar Holdings (ZCAR) reported revenue of $2.4M for the third quarter fiscal 2026 (Q3 FY26), -3% from a year earlier and +3% from the quarter before. Operating margin was -62.3%, net loss $721K (30.5% of revenue).

Revenue$2.4M
Year over year-3%
Quarter over quarter+3%
Operating margin-62.3%
Net earnings−$721K

Zoomcar Holdings, Q3 FY26: revenue $2.4M (-3% year over year), operating margin -62.3%, net loss $721K, operating cash flow −$772K. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$2.4M+3%-3%
Operating profit−$1.5M——
Net earnings−$721K——
Operating cash flow−$772K——

What changed

Revenue was $2.4M in Q3 FY26, down 3% year over year and up 3% from the previous quarter.

Operating costs exceeded revenue by $1.5M, an operating margin of -62.3%. Total costs fell 32% while revenue fell 3%. The quarter ended with a net loss of $721K, narrower than the previous quarter's $794K loss. Non-operating items added $752K, -104% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$772K. Non-cash charges added back $25K of depreciation and amortization and $616K of share-based compensation. Working capital and other items used $692K. Capital expenditures of $3K exceeded it, leaving free cash flow of −$776K.

Questions

What was Zoomcar Holdings' revenue in the third quarter fiscal 2026?

Zoomcar Holdings (ZCAR) reported revenue of $2.4M for the third quarter fiscal 2026 (Q3 FY26), -3% from a year earlier and +3% from the quarter before.

Was Zoomcar Holdings profitable in the third quarter fiscal 2026?

Operating loss was $1.5M (-62.3% of revenue) and net loss $721K.

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Source: Zoomcar Holdings 10-Q on SEC EDGAR.