--- title: "Jerash | 8-K: FY2027 Q1 Revenue Beats Estimate at USD 50.23 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295406102.md" datetime: "2026-08-10T12:17:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295406102.md) - [en](https://longbridge.com/en/news/295406102.md) - [zh-HK](https://longbridge.com/zh-HK/news/295406102.md) generator: "portal-rs" --- # Jerash | 8-K: FY2027 Q1 Revenue Beats Estimate at USD 50.23 M Revenue: As of FY2027 Q1, the actual value is USD 50.23 M, beating the estimate of USD 47.9 M. EPS: As of FY2027 Q1, the actual value is USD 0.13. EBIT: As of FY2027 Q1, the actual value is USD 2.635 M. ### Financial Highlights for Fiscal 2027 First Quarter #### Segment Revenue Jerash Holdings (US), Inc. reported record revenue of $50.2 million for the fiscal 2027 first quarter, an increase of 26.7 percent from $39.6 million in the prior year quarter. The net revenue for the three months ended June 30, 2026, was $50,229,508, compared to $39,629,308 for the same period in 2025. This growth was primarily driven by higher shipments to two major U.S. customers and continuous contributions from the Company’s strategic partner in Korea. #### Gross Profit and Margin Gross profit increased by 35.7 percent to $8.3 million in the fiscal 2027 first quarter, up from $6.1 million in the prior year quarter. The gross profit for the three months ended June 30, 2026, was $8,262,055, compared to $6,088,880 for the same period in 2025. The gross margin improved by 100 basis points to 16.4 percent, from 15.4 percent in the prior year quarter, mainly due to a higher volume of shipments to U.S. customers and enhanced efficiency from automation. #### Operating Income and Expenses Operating income advanced by 174.4 percent to $2.6 million for the fiscal 2027 first quarter, compared to $959,000 in the prior year quarter. Income from operations was $2,631,328 for the three months ended June 30, 2026, versus $958,996 for the same period in 2025. Total operating expenses were $5,630,727 in the fiscal 2027 first quarter, an increase from $5,129,884 in the same quarter last year, primarily due to higher sales volume, increased headcount, and related expenses. #### Net Income Net income increased more than fivefold to $1.7 million in the fiscal 2027 first quarter, up from $324,000 in the prior year quarter. Net income was $1,681,648 for the three months ended June 30, 2026, compared to $323,630 for the same period in 2025. Comprehensive income attributable to Jerash Holdings (US), Inc.’s common stockholders totaled $1,657,072 for the fiscal 2027 first quarter, compared with $328,240 in the same period last year. #### Other Financial Metrics Total other expenses, net, were - $545,507 for the fiscal 2027 first quarter, compared to - $306,534 in the prior year quarter. Interest expenses were - $549,353 in fiscal 2027 first quarter, compared to - $355,848 in the same period last year. Income tax expenses were $404,173 in the fiscal 2027 first quarter, compared to $328,832 in the same quarter last year. #### Cash Flow Net cash provided by operating activities was $2,533,488 for the three months ended June 30, 2026, a significant improvement from net cash used in operating activities of - $6,478,515 for the same period in 2025. Net cash used in investing activities totaled - $713,560 for the three months ended June 30, 2026, compared to - $714,919 for the same period in 2025. Net cash used in financing activities was - $153,244 for the three months ended June 30, 2026, versus - $378,710 for the same period in 2025. #### Balance Sheet and Dividends As of June 30, 2026, cash, cash equivalents, and restricted cash totaled $14.1 million, and net working capital was $38.1 million. Jerash Holdings (US), Inc.’s board of directors approved a regular quarterly dividend of $0.05 per share on its common stock on August 7, 2026, payable on August 24, 2026, to stockholders of record as of August 17, 2026. ### Outlook Jerash Holdings (US), Inc. anticipates revenue for the fiscal 2027 second quarter to be approximately $49 million to $51 million, subject to logistics efficiency amid geopolitical uncertainties. The gross margin goal for the fiscal 2027 second quarter is expected to be approximately 14-15 percent, taking into account increased transportation costs for raw material imports. The company maintains a positive outlook due to favorable trade conditions, such as duty-free access for Jordanian apparel and textile exports to the U.S., while closely monitoring geopolitical developments in the Middle East. ### Related Stocks - [JRSH.US](https://longbridge.com/en/quote/JRSH.US.md) ## Related News & Research - [Jerash Holdings CFO to present at Lake Street Best Ideas Growth Conference](https://longbridge.com/en/news/296486752.md) - [Coty beats quarterly revenue, calls fiscal 2027 'transition year' on business overhaul](https://longbridge.com/en/news/296397475.md) - [09:03 ETThe Princeton Review's "Best Colleges for 2027" Rankings Are Out](https://longbridge.com/en/news/296233129.md) - [10:00 ETABWA Names Class of 2027 Top Ten Business Women Ahead of National Women's Leadership Conference](https://longbridge.com/en/news/296628028.md) - [ALC: Record revenue, strong ARR growth, and strategic acquisition drive positive FY 2027 outlook](https://longbridge.com/en/news/296293743.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**