---
title: "Kaival Brands Innovations Group, Inc. 3Q FY2026: Revenue $55.3K, EPS $(0.02) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298958290.md"
description: "Kaival Brands Innovations Group reported Q3 FY2026 revenue of $55.3K, down 61.2% YoY from $142.4K, due to ceased domestic BIDI Stick sales and reduced royalties. Net loss narrowed to $243.9K, with diluted EPS improving to $(0.02). Primary revenue now stems from international licensing with PMI, including the VEEV NOW launch. The company faces cash constraints and a going-concern qualification, while holding acquired GoFire vaporizer IP with uncertain monetization prospects."
datetime: "2026-09-14T20:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298958290.md)
  - [en](https://longbridge.com/en/news/298958290.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298958290.md)
generator: "portal-rs"
---

# Kaival Brands Innovations Group, Inc. 3Q FY2026: Revenue $55.3K, EPS $(0.02) — 10-Q Summary

Kaival Brands Innovations Group, Inc. reported third-quarter FY2026 results showing a sharp decline in revenue and a reduced net loss versus the year-ago quarter. Revenue for the quarter was $55.3K, down from $142.4K a year earlier, while net loss attributable to common shareholders narrowed to $243.9K and diluted EPS improved to $(0.02).

**Financial Highlights**

-   Revenue was $55.3K for 3Q FY2026, compared with $142.4K in 3Q FY2025; YoY change (61.2%).
-   Net income (loss) was a net loss attributable to common shareholders of $243.9K for 3Q FY2026, improved from a net loss of $559.4K in the year-ago quarter.
-   Diluted EPS was $(0.02) for 3Q FY2026, improved from $(0.05) in 3Q FY2025.

**Business Highlights**

-   Revenue trend: Royalty revenue declined year over year. Q3 revenue totaled $55K and nine-month revenue was about $0.2M, reflecting reduced royalty sales and lower top-line performance.
-   Channel shift: Domestic sales of BIDI® Stick ceased following a 2024 ITC action; the company's primary revenue source is now international licensing with PMI.
-   Brand & licensing momentum: PMPSA launched VEEV NOW in international markets including Canada and Europe; ongoing royalty income depends on PMPSA's market performance.
-   Operational milestone: The company acquired GoFire vaporizer IP in May 2023 to diversify its product and IP base, but monetization and patent outcomes remain uncertain.
-   Liquidity and operations: Cash constraints and a going-concern qualification may limit operational capacity and the ability to execute growth initiatives.

Original SEC Filing: Kaival Brands Innovations Group, Inc. \[ KAVL \] - 10-Q - Sep. 14, 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.

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