Aeries Technology
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Aeries Technology (AERT) investor relations material

Aeries Technology Q2 2027 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2027 earnings summary12 Nov, 2026

Executive summary

  • Q2 FY27 revenue rose 4.5% YoY to $18.148m; net income increased to $1.348m from $0.642m.

  • H1 revenue grew 23% to $40.066m and net income rose to $3.561m from $2.320m; revenue included a $2.7m customer buyout recognized in Q1.

  • H1 Adjusted EBITDA was $6.171m versus $3.585m; operating cash flow was $4.740m.

Financial highlights

  • Q2 gross profit fell to $4.057m from $5.022m; gross margin declined to 22.4% from 28.9%, while operating income was $0.899m versus $1.985m.

  • Q2 cost of revenue rose 14% to $14.091m, driven largely by employee compensation and benefits.

  • Q2 Adjusted EBITDA was $2.100m versus $2.552m; margin was 11.6% versus 14.7%.

  • H1 gross profit increased 19% to $10.436m; cost of revenue rose 24% to $29.630m.

  • H1 operating income was $4.259m versus $2.805m; Adjusted EBITDA margin was 15.4% versus 11.0%.

Outlook and guidance

  • FY27 guidance reaffirmed: revenue of $80m–$84m and Adjusted EBITDA of $10m–$12m.

  • Cash from operations, reserves and debt capacity are expected to fund operations and growth for 12 months; continued cash generation and potential additional financing remain factors.

  • Priorities include client delivery, disciplined execution and efficient financial resource management; cost reductions and North American organic growth support liquidity efforts.

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Frequently asked questions

Aeries Technology, Inc. is a global professional services and consulting company that partners with businesses undergoing transformation. The company provides a range of services, including technology services, business process management, and digital transformation solutions. Aeries Technology specializes in working with private equity sponsors and their portfolio companies, offering customized engagement models designed to optimize and scale business operations. The firm focuses on delivering deep vertical expertise and functional solutions across various sectors, helping clients improve their operational efficiency and achieve strategic goals. The company is headquartered in New York, New York, and its shares are listed on the NASDAQ.