Jerash Holdings (US), Inc. FY 2026: Revenue $166.26M, EPS $0.27— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Jerash Holdings (US), Inc. reported FY2026 revenue of $166.26M, up 14% YoY, and net income of $3.54M, reversing a prior-year loss. Growth was driven by new customers like Hansoll and increased shipments to Acushnet and Tharanco. Gross margin improved to 16% due to automation and economies of scale. The company also completed workforce facilities and implemented supply-chain financing to support higher shipment volumes.
Jerash Holdings (US), Inc. reported fiscal 2026 revenue of $166.26M and net income of $3.54M, a meaningful improvement from a prior-year loss, as the company benefited from new customers, higher shipments and improved margins.
Financial Highlights
| Metric | Current year | Prior year | YoY change |
| Revenue¹ | $166.26M | $145.81M | 14% |
| Net income² | $3.54M | ($848.37K) | 517% |
| Diluted EPS³ | $0.27 | ($0.07) | 485.7% |
¹ Reported as “Revenue, net”. ² Reported as “Net income (loss) attributable to Jerash Holdings (US), Inc.’s Common Stockholders”. ³ Reported as “Earnings (Loss) Per Share Attributable to Common Stockholders”.
Business Highlights
- Revenue growth of 14% to $166.3M was driven by new customers, including Hansoll, and increased shipments to Acushnet and Tharanco.
- Customer and channel mix shifted, reducing seasonality and concentration risk as sales to VF declined to 52% and U.S. and new international customers expanded.
- Gross margin improved to 16% from 15% due to automation (hanging systems) and economies of scale that lowered COGS percentage.
- Capital expenditures totaled $5.8M, including $3.6M for factory premises and machinery; dormitory and kitchen facilities were completed to support the workforce.
- Working capital and liquidity actions included supply-chain financing programs and increases in inventory and accounts receivable to support higher shipment cadence.
Original SEC Filing: Jerash Holdings (US), Inc. [ JRSH ] - 10-K - Jun. 18, 2026