TX Rail Products Reports Financial Results for Third Quarter of Fiscal 2026
TX Rail Products reported Q3 fiscal 2026 revenue of $3.0 million, a 62.5% increase year-over-year, driven by the addition of a major customer and higher sales volume. Net income rose 30.8% to $389,000, though gross margins contracted to 26.1% due to higher tariffs and product mix.
Key figures
- Eps
- 0.01
- Revenue
- $3.0 million
- Guidance
- fiscal 2026 revenue growth of at least 50% compared to fiscal 2025
- Revenue Yoy
- 62.5%
- Net income
- $389,000
- Ytd revenue
- $10.0 million
- Gross margin
- 26.1%
- Ytd revenue yoy
- 64.8%
- Cash equivalents
- $23,000
AI analysis
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