Educational Development Corp. Q2 revenue falls to $4.1 million; net loss widens
Educational Development Corporation reported fiscal 2027 second-quarter results for the period ended August 31, 2026. Net revenues fell to $4.1 million from $4.6 million, and the net loss widened to $1.6 million from $1.3 million, while the loss before income taxes narrowed to $1.6 million from $1.8 million. The company attributed the smaller pre-tax loss to expense reductions, but the wider net loss and lower revenue weigh on shareholders.
Key points
- Q2 net revenues were $4.1 million, down from $4.6 million a year earlier.
- Q2 net loss was $1.6 million, or $(0.19) per share, versus $1.3 million, or $(0.15) per share, a year earlier.
- Average active PaperPie Brand Partners totaled 5,100 in Q2, compared with 5,800.
- Management expects a cost reduction plan to lower general and administrative expenses by over $1.2 million this fiscal year.
The filing
Written by AI on Nov 9, 2026, 8:51 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 October 14, 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.