Aeries Technology Swings to $2.5M Q3 EBITDA Profit, Raises FY26 Guidance
Aeries Technology reported flat Q3 revenue of $17.5 million but swung to $2.5 million adjusted EBITDA from a $2 million loss a year earlier due to cost management and AI-driven operations. The company also raised FY2026 adjusted EBITDA guidance to $7–8 million and forecasted $80–84 million revenue for FY2027.
1. Q3 Profitability Turnaround
In the third quarter, Aeries Technology delivered flat revenue of $17.5 million year-over-year while converting a prior $2.0 million adjusted EBITDA loss into a $2.5 million profit, marking its first quarterly profitability in FY2026.
2. Operational and AI-Driven Efficiencies
The CEO credited disciplined cost management, scaled Global Capability Center operations in India and Mexico with high utilization rates, and accelerated AI and automation adoption across clients for driving record EBITDA growth.
3. Upgraded FY26 Guidance and FY27 Outlook
Building on Q3 results, the company increased its FY2026 adjusted EBITDA guidance to $7–8 million and projected FY2027 revenue of $80–84 million with $10–12 million in adjusted EBITDA, backed by signed multi-year contracts and maturing AI implementations.