Alliance ENT

Q4 FY2026 EarningsFY26 annual results beat consensus on revenue but missed significantly on profitability and cash flow metrics. Revenue of $1,148.99M exceeded the $1,111.24M estimate by 3.4%, driven by strong demand in vinyl (+13% YoY) and new studio distribution agreements. However, Normalized EPS of $0.46 missed the $0.55 consensus by 16.4%, primarily due to a $7.8M one-time vendor transaction loss and higher operational fulfillment costs. Operating cash flow missed targets drastically, turning into a $1.7M outflow due to a aggressive $23.8M inventory build-up to support future sales growth.