Loading...
•
Sep 30
Aeries Q2 2026 Earnings Report
Aeries Technology reported a return to profitability in Q2 FY2026, supported by AI-driven growth and operational efficiency.
Key Takeaways
Aeries Technology achieved positive net income in Q2 FY2026, reversing a loss from the prior year. Revenue increased modestly year-over-year, while cost controls and AI-led initiatives improved margins. Adjusted EBITDA reached $2.55 million, with a 14.7% margin.
Revenue rose to $17.36M in Q2 FY2026, a 3% increase YoY.
Net income reached $642K, reversing a $2.3M loss in Q2 FY2025.
Adjusted EBITDA improved to $2.55M from a negative $2.30M YoY.
Strong AI-led GCC execution and operational discipline drove margin improvement.
Aeries
Aeries
Forward Guidance
Aeries expects continued momentum in the second half of FY2026, aiming for Adjusted EBITDA of $6–8 million, fueled by new contract ramps and deeper private equity ties.
Positive Outlook
- FY2026 Adjusted EBITDA guidance maintained at $6–8M
- Strong first half profitability supports full-year confidence
- AI-driven automation and GCC models show scaling potential
- Growing engagement with private equity clients
- Operational discipline balances investments in growth
Challenges Ahead
- Cash and cash equivalents declined to $1.87M from $2.76M in Q1
- Short-term borrowings still present at $4.37M
- Operating liabilities remain high relative to assets
- No reported non-GAAP EPS for additional transparency
- Geographic revenue breakdown not disclosed, limiting segment insights