Aeries Technology, Inc. 1Q FY2027: Revenue $21.92M, EPS $0.27— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Aeries Technology reported Q1 FY2027 revenue of $21.92M, up 43% YoY, and diluted EPS of $0.27. Growth was driven by new clients, higher volumes, and a $2.7M one-time buyout fee. Net income rose 17.9% to $1.78M. The company launched AxAI services and the AeriesOne platform while expanding its Global Capability Centers. Despite losing a major customer worth $5.7M annually, it added over 30 new clients across e-commerce, telecom, security, and healthcare sectors.
Aeries Technology, Inc. reported first-quarter fiscal 2027 results with revenue of $21.92M and diluted EPS of $0.27, as the company delivered year-over-year growth driven by new client wins, higher volumes and a one-time buyout fee.
Financial Highlights
- Revenue was $21.92M, compared with $15.33M in the prior-year quarter; YoY change 43%.
- Net income was $1.78M, compared with $1.51M in the prior-year quarter; YoY change 17.9%.
- Diluted EPS was $0.27, compared with $0.26 in the prior-year quarter; YoY change 3.8%.
Business Highlights
- Revenue growth: Consolidated revenue rose 43% YoY to $21.9M in Q1, driven by new client additions, higher volumes and a $2.7M one‑time buyout fee.
- Geography and channels: North America remained the primary market, with an expanding client base across e-commerce, telecom, security and healthcare.
- Product and AI momentum: Launched AxAI (agentic AI services) and the AeriesOne platform to support the AI lifecycle, deployment, governance and managed operations.
- Operational model: Continued focus on developing Global Capability Centers (GCCs) that integrate talent, AI, analytics and managed services.
- Client dynamics: The company lost a significant customer that accounted for about $5.7M in annual revenue but secured success fees and added more than 30 clients across sectors as of June 30, 2026.
Original SEC Filing: Aeries Technology, Inc. [ AERT ] - 10-Q - Aug. 10, 2026