Aeries Technology Posts $70M Revenue, $8.3M EBITDA and Guides $80–84M
AERT•Aeries Technology posted fiscal 2026 revenue of $70 million with net income of $3.5 million, reversing a $21.6 million loss, and generated $8.3 million in adjusted EBITDA at an 11.9% margin. Operating cash flow reached $6.8 million and FY2027 revenue is guided to $80–84 million.
1. Fiscal 2026 Financial Turnaround
Aeries Technology reported fiscal 2026 revenue of $70 million, net income of $3.5 million reversing a $(21.6) million loss, and adjusted EBITDA of $8.3 million, surpassing the raised guidance range. Adjusted EBITDA margin improved to 11.9% from (6.6)% in fiscal 2025.
2. Cash Flow and SG&A Reduction
Operating cash flow reached $6.8 million compared to $(1.0) million last year, marking the fourth straight quarter of positive cash generation. SG&A expenses declined 72% to $12.8 million from $45.5 million as the company streamlined its cost structure.
3. Fiscal 2027 Outlook and Market Positioning
Aeries reiterated fiscal 2027 guidance for revenue of $80–84 million (17% growth) and adjusted EBITDA of $10–12 million (32% growth), citing accelerating demand for AI-embedded Global Capability Center services from private equity–backed enterprises at a market inflection point.
