Great Elm Group Q1 revenue falls to $3.3 million; net loss narrows to $4.1 million
Great Elm Group reported fiscal first-quarter results for the period ended September 30, 2026. Revenue fell to $3.3 million from $10.8 million a year earlier, which included a $7.4 million property sale, while the net loss narrowed to $4.1 million from $7.0 million, mainly due to smaller investment losses.
Key points
- Revenue was $3.3 million versus $10.8 million in the prior-year quarter; the prior year included about $7.4 million from a build-to-suit property sale.
- Net loss attributable to stockholders was $4.1 million, or $0.14 per share, compared with $7.0 million, or $0.24 per share, a year earlier.
- Adjusted EBITDA was a loss of $0.9 million versus a loss of $0.5 million in the prior-year period.
- Cash and cash equivalents were $43.2 million at September 30, 2026; the company repurchased about 8.4 million shares through October 30, 2026, with $23.2 million of remaining program capacity.
The filing
Written by AI on Nov 9, 2026, 11:43 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 November 04, 2026.
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