Axil Brands, Inc. (AXIL) Form 8-K — Oct 6, 2026
AXIL Brands reported Q1 fiscal 2027 net revenues of $6.1 million, down 11.2% from $6.9 million a year ago, driven by the planned XCOR-to-XCOR II transition and a non-repeating prior-year big-box order. Despite the revenue decline, net income rose to $0.4 million ($0.05 diluted EPS) from $0.3 million, adjusted EBITDA improved to $0.8 million, and operating cash flow swung to +$3.8 million. Cash ended at $7.9 million with no debt, boosted by $0.9 million of IEEPA customs duty refunds. XCOR II launch demand is the key catalyst: initial orders reached $3.6 million by September 30, 2026, with shipments expected to drive Q2 revenue.
Key figures
- Eps
- 0.05
- Revenue
- 6090383
- Net Income
- 420571
- Revenue Yoy
- -11.2%
- Total Assets
- 18583710
- Cash Position
- 7928587
- Total debt
- no outstanding borrowings
- Adjusted ebitda
- 826841
- Xcor2 orders aug26
- $2.8 million
- Xcor2 orders sep30
- $3.6 million
- Ieepa refunds total
- $0.9 million
- Operating cash flow
- 3762759
- Gross margin reported
- 82.6%
- Gross margin ex refund
- 73.6%
- Reviv3 partners ownership
- approximately 25%
- Adjusted ebitda prior year
- 674355
- Axil retained reviv3 ownership
- approximately 75%
AI analysis
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