Aeries Technology (AERT) Q4 2026 earnings summary

Executive summary

• Fiscal year 2026 revenue reached $70 million, with adjusted EBITDA of $8.3 million, surpassing guidance.

• Net income was $3.5 million, a turnaround from a net loss of $21.6 million in fiscal year 2025.

• Achieved fourth consecutive quarter of positive operating cash flow, totaling $6.8 million for the year.

• Operational progress driven by automation, productivity initiatives, and expansion of GCC engagements in North America, India, and Mexico.

• Launched AeriesOne AI GCC Platform, embedding AI-enabled automation across delivery models.

Financial highlights

• Revenue for fiscal year 2026 was $70 million, nearly flat year-over-year.

• Adjusted EBITDA improved to $8.3 million (11.9% margin) from $(4.7) million (-6.6% margin) in fiscal year 2025.

• Income from operations was $4.5 million, up from a loss of $28.8 million year-over-year.

• Gross profit increased 3% to $17.3 million, with gross margin rising to 25% from 24%.

• Cash and cash equivalents at year-end were $4.9 million, up 75% from prior year.

Outlook and guidance

• Fiscal year 2027 guidance reiterated: revenue expected between $80 million and $84 million.

• Adjusted EBITDA projected between $10 million and $12 million for fiscal year 2027.