--- title: "Jerash | 8-K: FY2026 Q3 Revenue Misses Estimate at USD 41.77 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/275322189.md" datetime: "2026-02-09T13:10:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275322189.md) - [en](https://longbridge.com/en/news/275322189.md) - [zh-HK](https://longbridge.com/zh-HK/news/275322189.md) --- # Jerash | 8-K: FY2026 Q3 Revenue Misses Estimate at USD 41.77 M Revenue: As of FY2026 Q3, the actual value is USD 41.77 M, missing the estimate of USD 42.3 M. EPS: As of FY2026 Q3, the actual value is USD 0.09. EBIT: As of FY2026 Q3, the actual value is USD 2.336 M. ### Fiscal 2026 Third Quarter Financial Highlights #### Gross Profit Gross Profit increased 31.0 percent to $7.0 million from $5.4 million in the prior year quarter. #### Gross Margin Gross Margin improved 170 basis points to 16.9 percent from 15.2 percent in the prior year quarter. #### Operating Expenses Total Operating Expenses were $5.1 million, compared with $4.7 million in the same quarter last year.Selling, general and administrative expenses were $4,877,501, compared to $4,200,975 in the prior year quarter.Stock-based compensation expenses were $228,825, down from $474,088 in the prior year quarter. #### Operating Income Operating Income nearly tripled to $1.9 million from $708,000 in the prior year quarter. #### Total Other Expenses, Net Total Other Expenses, Net were - $418,440, compared with - $251,699 in the prior year quarter.Interest expenses were - $393,190, compared to - $364,939 in the prior year quarter.Other (expenses) income, net was - $25,250, compared to $113,240 in the prior year quarter. #### Income Tax Expenses Income Tax Expenses were $367,935, compared with $449,714 in the prior year quarter. #### Net Income Net Income improved to $1.2 million from $6,000 in the prior year quarter. #### Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders advanced to $1,225,603 from a comprehensive loss of - $146,775 in the same quarter last year. ### Nine-Month Fiscal Year 2026 Financial Highlights #### Gross Profit Gross Profit increased 13.7 percent to $19.4 million from $17.1 million for the same period last year. #### Gross Margin Gross Margin improved to 15.7 percent from 14.7 percent in the same period last year. #### Operating Expenses Operating Expenses were $15.4 million, compared with $16.1 million for the same period last year.Selling, general and administrative expenses were $14,756,182, compared to $14,650,105 in the prior year period.Stock-based compensation expenses were $680,320, down from $1,417,111 in the prior year period. #### Operating Income Operating Income nearly quadrupled to $4.0 million from $1.0 million for the same period last year. #### Total Other Expenses, Net Total Other Expenses, Net were - $1,181,303, compared with - $1,041,850 for the same period last year.Interest expenses were - $1,242,520, compared to - $1,348,291 in the prior year period.Other (expenses) income, net was $61,217, compared to $306,441 in the prior year period. #### Income Tax Expenses Income Tax Expenses were $850,523, compared with $667,312 for the same period in the prior year. #### Net Income (Loss) Net Income improved by $2.7 million to $2.0 million from a net loss of - $696,000 in the same period last year. #### Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders improved to $1,998,233 from a comprehensive loss of - $820,207 for the same period last year. ### Balance Sheet and Cash Flow Highlights as of December 31, 2025 #### Cash and Restricted Cash Cash and Restricted Cash totaled $13.2 million. #### Net Working Capital Net Working Capital was $36.4 million. #### Net Cash Used in Operating Activities (Nine Months) Net Cash Used in Operating Activities was - $3,491,495, compared to - $581,275 in the prior year period. #### Net Cash Used in Investing Activities (Nine Months) Net Cash Used in Investing Activities was - $1,372,094, compared to - $1,671,833 in the prior year period. #### Net Cash Provided by Financing Activities (Nine Months) Net Cash Provided by Financing Activities was $2,922,305, compared to $3,123,718 in the prior year period. #### Cash, and Restricted Cash, End of the Period Cash, and Restricted Cash, End of the Period was $13,155,768, compared to $14,782,918 in the prior year period. ### Dividends Jerash Holdings (US), Inc.’s board of directors approved a regular quarterly dividend of $0.05 per share on its common stock. ### Outlook Jerash Holdings (US), Inc. anticipates fiscal 2026 fourth quarter gross margin to be approximately 14 to 16 percent. The company expects a new manufacturing building to increase production capacity by at least 40 percent upon completion of renovations by the end of the calendar year. 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