Ispire Technology Inc. Reports Fourth Quarter and Fiscal Year 2026 Financial Results
Ispire reported Q4 FY2026 revenue of $26.7 million, up 33% year-over-year and 43% sequentially, which management called an inflection point in a turnaround begun more than a year ago. Full-year revenue still declined 24.7% to $96.0 million, and Q4 gross margin compressed to 6.3% from 12.3% on inventory impairments; the fiscal year net loss was $33.2 million, or ($0.58) per share, versus $39.2 million a year earlier. Operating cash burn improved by $6.8 million to $569,000 and Adjusted EBITDA losses narrowed, but management said the timing of reaching cash-flow positive is now 'less certain' after previously targeting the second half of calendar 2026.
Key figures
- Revenue
- 26700000
- Guidance
- Previously expected cash-flow-positive performance in 2H calendar 2026; timing now 'less certain' due to Q1 FY2027 investments in the Malaysia manufacturing facility
- Revenue Yoy
- 33%
- Cash
- 19300000
- Q4 opex
- 15200000
- Fy revenue
- 96000000
- Fy revenue yoy
- -24.7%
- Fy gross margin
- 12.8%
- Fy gross profit
- 12300000
- Q4 gross margin
- 6.3%
- Q4 gross profit
- 1700000
- Working capital
- 803000
- Fy adjusted ebitda
- -4000000
- Q4 opex yoy change
- -11.1%
- Fy credit loss expense
- 20700000
- Fy operating cash used
- 569000
- Q4 credit loss expense
- 9200000
- Q4 prior year gross margin
- 12.3%
- Amount due to related party
- 47000000
- Q4 revenue sequential growth
- 43%
- Operating cash burn improvement
- 6800000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.