Reliability operating loss narrows 52.96% to $119 in Q2 FY26; revenue rises 6.3% to $5.02 million - RLBY News | RalliesReliability operating loss narrows 52.96% to $119 in Q2 FY26; revenue rises 6.3% to $5.02 million
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RLBY• Q2 FY26 financial results
- Reliability posted Q2 revenue of $5.02 million, up 6.3% year over year, as EOR revenue rose 8.4% to $3.87 million.
- Gross profit slipped 2.9% to $692,000, while gross margin fell 1.3 percentage points to 13.8% on a shift to lower-margin EOR.
- Operating loss narrowed to $119,000 from $253,000, but net loss was $206,000 versus $205,000 as other expense rose.
- SG&A dropped 16% to $811,000, reflecting cost-containment measures and lower recurring costs.
- Cash totaled $470,000 at June 30, 2026, while working capital swung to a $104,000 deficit after a noncash settlement.
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