---
title: "Senmiao Technology Ltd FY 2026: Revenue $1.55M, EPS $(1.97) — 10-K Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291329443.md"
description: "Senmiao Technology Ltd reported FY2026 revenue of $1.546M, an 18.5% decline from the prior year, driven by lower lease volumes and rents. The company posted a net loss of $(5.27M) and EPS of $(1.97). Gross margins compressed despite high fleet utilization. Management exited online ride-hailing operations to refocus on Hunan auto services and is evaluating AI data center opportunities."
datetime: "2026-06-30T20:15:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291329443.md)
  - [en](https://longbridge.com/en/news/291329443.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291329443.md)
generator: "portal-rs"
---

# Senmiao Technology Ltd FY 2026: Revenue $1.55M, EPS $(1.97) — 10-K Summary

Senmiao Technology Ltd reported fiscal 2026 revenue of $1.546M and a net loss attributable to company stockholders of $(5.27M), with basic and diluted loss per share of $(1.97), compared with revenue of $1.896M and a net loss of $(3.725M) in the prior year.

**Financial Highlights**

-   Revenue was $1.546M for the year ended Mar. 31, 2026, down from $1.896M in FY 2025; change $(350.0K) (18.5%).
-   Net income: Net loss attributable to Company stockholders was $(5.270M) for FY 2026, compared with a loss of $(3.725M) in FY 2025 (Δ $(1.545M)).
-   Diluted EPS: Loss per share, basic and diluted, was $(1.97) for FY 2026 vs $(3.54) for FY 2025.

**Business Highlights**

-   Revenue decline (about 18% YoY) was driven by lower operating lease volumes and reduced average monthly rents; auto operating leases remain the primary revenue source (~87% of revenue).
-   Gross margin compressed materially versus the prior year despite continued delivery and management of a large fleet (470 operating leases and 197 finance leases) and high utilization (~88%).
-   Management completed a channel shift: exited an online ride‑hailing platform in August 2024 and divested Sichuan subsidiaries in December 2025, refocusing operations on Hunan auto services.
-   Company is evaluating opportunities in AI data center and infrastructure initiatives, but has no definitive agreements to date.

Original SEC Filing: Senmiao Technology Ltd \[ AIHS \] - 10-K - Jun. 30, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [AIHS.US](https://longbridge.com/en/quote/AIHS.US.md)
- [VAI.US](https://longbridge.com/en/quote/VAI.US.md)

## Related News & Research

- [Senmiao Technology gets Nasdaq notice over stockholders’ equity shortfall after $35.34 million deficit](https://longbridge.com/en/news/296824904.md)
- [Senmiao Technology changes name to Valor Energy, adopts Nasdaq ticker VAI](https://longbridge.com/en/news/297032166.md)
- [Northam Platinum Holdings publishes audited FY2026 annual financial results report](https://longbridge.com/en/news/297267390.md)
- [Aspen flags FY2026 normalized EBITDA up 7%-12% to R 7.46 billion-R 7.81 billion](https://longbridge.com/en/news/296922857.md)
- [Senmiao proposes USD 5 million partnership with Energence Utah on 100 MW data center campus buildout](https://longbridge.com/en/news/295524900.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**