Armlogi Q3 revenue falls 9.1% to $41.7 million; net loss widens to $5.1 million
Armlogi reported results for the quarter and first nine months ended March 31, 2026. Third-quarter revenue fell 9.1% to $41.7 million and the quarterly net loss widened to $5.1 million from $3.8 million, while nine-month revenue rose 2.3% to $142.7 million and the nine-month net loss grew to $15.4 million from $10.1 million. The filing shows weaker profitability and lower cash for shareholders, with the company attributing the quarterly gross loss partly to temporary labor costs from an inventory reorganization at its California warehouses.
Key points
- Q3 revenue of $41.7 million, down 9.1% from $45.8 million; transportation services revenue fell 19.1% to $23.1 million.
- Q3 gross loss of $1.9 million (gross margin of -4.5%) versus a gross profit of $0.3 million a year earlier; temporary labor costs of approximately $1.3 million tied to the California inventory reorganization.
- Nine-month revenue rose 2.3% to $142.7 million, with warehousing services revenue up 19.9% to $55.5 million.
- Cash and restricted cash totaled $7.1 million as of March 31, 2026, compared with $13.6 million as of June 30, 2025.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.