Aeries Technology (AERT) financial statements
Aeries Technology reported revenue of $70M in fiscal 2026, up 9.7% a year over 3 years.
Net income was $3M.
Free cash flow was $6M.
The diluted share count rose 2389% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Aeries Technology's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | — | $53M | $73M | $70M | $70M |
| Cost of revenue | — | $39M | $51M | $53M | $53M |
| Gross profit | — | $14M | $22M | $17M | $17M |
| Selling, general and admin | — | $11M | $19M | $45M | $13M |
| Operating income | -$4M | $2M | $3M | -$29M | $5M |
| Interest expense | — | $185,000 | $462,000 | $751,000 | $463,000 |
| Pre-tax income | — | $3M | $19M | -$23M | $5M |
| Income tax | — | $1M | $2M | -$1M | $2M |
| Net income | $10M | $1M | $16M | -$20M | $3M |
| EPS (diluted) | — | — | $7.28 | -$0.46 | $0.05 |
| Diluted shares | — | — | 2M | 43M | 48M |
| Gross margin | — | 25.7% | 29.8% | 23.8% | 24.7% |
| Operating margin | — | 4.4% | 4.1% | -41.0% | 6.5% |
| Net margin | — | 2.7% | 21.6% | -28.1% | 3.6% |
Balance sheet
Fiscal years, from Aeries Technology's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash and short-term investments | $48,126 | $1M | $2M | $3M | $5M |
| Total current assets | $360,774 | $21M | $33M | $21M | $24M |
| Property, plant and equipment | — | $3M | $4M | $2M | $2M |
| Total assets | $235M | $34M | $49M | $40M | $42M |
| Total current liabilities | $4M | $13M | $38M | $32M | $31M |
| Long-term debt | — | $969,000 | $1M | $1M | $798,000 |
| Total liabilities | $5M | $21M | $51M | $46M | $44M |
| Shareholders' equity | -$5M | $12M | -$12M | -$6M | -$3M |
| Net debt | -$48,126 | $807,000 | $796,000 | -$572,000 | -$3M |
Cash flow
Fiscal years, from Aeries Technology's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating cash flow | -$446,617 | $2M | -$4M | -$1M | $7M |
| Capital spending | — | $2M | $2M | $1M | $1M |
| Free cash flow | — | $511,000 | -$6M | -$2M | $6M |
| Stock-based compensation | — | $4M | $2M | $13M | $293,000 |
| Net borrowing | — | $2M | $3M | $1M | -$2M |
| Free cash flow margin | — | 1.0% | -8.0% | -3.6% | 8.1% |
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Open AERT in InvestinglyQuestions
What was Aeries Technology's revenue in 2026?
$70M in fiscal 2026, from its 10-K filing.
How much free cash flow does Aeries Technology generate?
$6M in fiscal 2026 (operating cash flow minus capital spending).
From Aeries Technology's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.