Aeries Technology, Inc. (NASDAQ: AERT) announces Q3 fiscal 2026 results, with revenue of $17.5 million, net income of $1.2 million, and adjusted EBITDA of $2.5 million. Full-year adjusted EBITDA guidance for fiscal 2026 raised to $7-8 million. Revenue for fiscal 2027 expected to be $80-84 million, with EBITDA of $10-12 million.
Aeries Technology reports positive operating cash flow for the third consecutive quarter, reflecting improved operating leverage. The company attributes its strong performance to increased adoption of transformation programs, multi-year GCC engagements, and automation-driven productivity gains. The quarter also saw continued expansion across India and Mexico.
To support client program scaling, Aeries strengthens talent acquisition capabilities through a strategic partnership with a global recruitment firm. The company continues to advance its automation and AI delivery initiatives, receiving recognition for its GCC setup and expansion capabilities. Demand from private equity portfolio companies and mid-market enterprises remains strong.
CEO Ajay Khare states that Aeries is increasing adjusted EBITDA guidance for fiscal 2026 to $7-8 million, with a positive outlook for fiscal 2027. The company’s third-quarter results reflect improving operating fundamentals, deeper client relationships, and progress in profitability and cash generation. Automation and scaled GCC delivery contribute to long-term growth outlook.
Aeries Technology will host a conference call on February 9, 2026, at 08:00 AM ET to discuss financial results. The call can be accessed by telephone. Aeries, a global leader in AI-enabled value creation, business transformation, and GCC delivery, supports scalable, technology-driven execution for private-equity portfolio companies. The Company uses non-GAAP financial measures to evaluate performance. Adjusted EBITDA does not reflect various financial aspects like cash expenditures or future capital requirements. The company does not provide a reconciliation of forward-looking non-GAAP measures due to uncertainty in significant non-recurring items. Forward-looking statements include potential acquisitions and risks like geopolitical tensions and cybersecurity. Aeries Technology’s consolidated balance sheets show current assets of $21,451 and liabilities of $28,575. Aeries Technology, Inc. and subsidiaries reported a total shareholders’ deficit of $1,192 for the period ending December 31, 2025, compared to $5,804 in 2024. Revenues for the three months ended December 31, 2025, were $17,460, with a gross profit of $3,342. Net income for the period was $1,234. Operating expenses were 19% of revenue.
The company’s cash flows from operating activities showed a net income of $3,557 for the nine months ending December 31, 2025, compared to a net loss of $15,575 in 2024. Adjusted EBITDA for the period was $2,458, showing a positive trend compared to a negative $2,037 in 2024. Revenue for the period was $50,149, with an adjusted EBITDA margin of 12.1%.
Additionally, the company reported a cash and cash equivalents balance of $2,570 at the end of the period, with a net increase of $194. Cash flows from investing activities showed a net cash outflow of $1,178, while financing activities resulted in a net cash outflow of $3,703. The company also disclosed various non-cash investing and financing activities in its financial statements.
Read more at GlobeNewswire.: Aeries Technology Reports Third Quarter Fiscal 2026