Every material Form 8-K Axil Brands, Inc. has filed with the SEC since April 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
AXIL Brands reported first-quarter fiscal 2027 results for the three months ended August 31, 2026. Revenue fell 11.2% to $6.1 million from $6.9 million, while net income rose to $0.4 million, or $0.05 per diluted share, helped by a non-recurring $0.55 million customs duty refund. Management said XCOR II orders of $3.6 million through September 30 should show up in second-quarter revenue.
Net revenues were $6.1 million, down 11.2% from $6.9 million, reflecting the XCOR to XCOR II transition and a prior-year big-box order that did not repeat.
Net income was $0.4 million, or $0.05 per diluted share, compared with $0.3 million, or $0.04 per diluted share a year earlier.
Gross margin of 82.6% included a $0.55 million IEEPA customs duty refund; excluding it, gross margin was approximately 73.6%.
XCOR II orders exceeded $3.6 million as of September 30, 2026, and cash was $7.9 million with no outstanding borrowings.
AXIL Brands reported fourth-quarter and fiscal 2026 results for periods ended May 31, 2026. Q4 net revenues rose 48.9% to a record $8.6 million, and net income was $1.5 million, or $0.18 per diluted share, compared with a loss in the prior-year quarter. For the full year, net income was $2.7 million, or $0.33 per diluted share, versus $0.10 in fiscal 2025, and the company reported no outstanding borrowings as of May 31, 2026.
Q4 2026 net revenues were $8.6 million, up from $5.8 million a year earlier, driven mainly by sales to big box retail chains
Q4 2026 gross margin was 72.0%, up from 70.0%; net income was $1.5 million, or $0.18 per diluted share, versus a $0.04 per share loss
Fiscal 2026 net income was $2.7 million, or $0.33 per diluted share, compared with $0.10 per diluted share in fiscal 2025
Cash was $4.5 million as of May 31, 2026, versus $4.8 million a year earlier; the company received about $910,000 in IEEPA duty refunds after year end, to be recorded in fiscal 2027
AXIL Brands reported fiscal third-quarter results for the three months ended February 28, 2026, with net sales up 5.4% to $7.3 million while net income fell to $0.2 million from $0.6 million. Management attributed the profit decline to higher sales and marketing spending and increased tariffs and customs duties, and it reiterated fourth-quarter and full-year revenue ranges.
Net sales rose 5.4% to $7,294,030 from $6,922,367; gross margin fell to 69.1% from 71.7%.
Net income was $203,046, or $0.02 per diluted share, versus $576,662, or $0.07 per diluted share, a year earlier.
Adjusted EBITDA fell 47.1% to $470,794 from $890,546, with sales and marketing costs up approximately $400,000.
Outlook: fourth-quarter fiscal 2026 revenue of $8 million to $10 million; full fiscal 2026 revenue of $30.2 million to $32.2 million.
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