Revenue: As of FY2027 Q1, the actual value is USD 21.92 M.

EBIT: As of FY2027 Q1, the actual value is USD 3.398 M.

Financial Highlights (Three months ended June 30, 2026 vs. 2025)

Revenue

Aeries Technology, Inc. reported revenue of $21.9 million for the quarter ended June 30, 2026, marking a 43% year-over-year increase from $15.33 million in the prior-year quarter. This included a $2.7 million contribution from a previously disclosed customer buyout.

Operational Metrics

• Gross Profit: Gross profit increased by 69% to $6.379 million in Q1 FY2027 from $3.778 million in Q1 FY2026.
• Gross Profit Margin: The gross profit margin expanded to 29.1% from 24.6% year-over-year.
• Selling, General & Administrative (SG&A) Expenses: SG&A expenses were $3.019 million, a 2% increase from $2.958 million in the prior-year quarter, but improved to 13.8% of revenue from 19.3%.
• Income from Operations: Income from operations more than quadrupled to $3.360 million, a 310% increase from $0.820 million in the prior-year quarter.
• Net Income: Net income increased to $2.214 million, a 32% increase compared to $1.676 million in the prior-year quarter.
• Adjusted EBITDA: Adjusted EBITDA nearly quadrupled to $4.071 million from $1.032 million in the prior-year quarter.
• Adjusted EBITDA Margin: The Adjusted EBITDA margin expanded to 18.6% from 6.7% year-over-year.

Cash Flow

• Operating Cash Flow: Operating cash flow increased more than threefold to $4.824 million, a 252% increase from $1.369 million in the prior-year quarter.
• Cash and Cash Equivalents: Cash and cash equivalents increased to $6.069 million as of June 30, 2026, compared to $2.137 million in the prior-year quarter.
• Net cash used in investing activities: Net cash used in investing activities was - $278 thousand in Q1 FY2027, compared to - $868 thousand in Q1 FY2026.
• Net cash provided by financing activities: Net cash provided by financing activities was - $3.357 million in Q1 FY2027, compared to - $1.148 million in Q1 FY2026.

Geographic Revenue Mix (Unique Metrics)

• North America Revenue: Revenue from North America increased to $18.6 million in Q1 FY2027 from $13.4 million in Q1 FY2026.
• Asia Pacific and Other Revenue: Revenue from Asia Pacific and Other increased to $3.3 million from $1.9 million in the prior-year quarter.

Balance Sheet (As of June 30, 2026 vs. March 31, 2026)

• Total Assets: Total assets were $41.188 million as of June 30, 2026, down from $41.894 million as of March 31, 2026.
• Total Liabilities: Total liabilities were $43.060 million as of June 30, 2026, down from $44.479 million as of March 31, 2026.

Financial Outlook (Fiscal Year 2027 Guidance)

Aeries Technology, Inc. reaffirmed its fiscal year 2027 guidance. The company expects revenue to be between $80 million and $84 million. Additionally, Adjusted EBITDA is projected to be between $10 million and $12 million.