Aeries Technology returns to profitability in fiscal 2026

Aeries Technology (NASDAQ:AERT) announced its financial results for the fiscal year ended March 31, 2026, marking a pivotal year of transformation.

The company reported revenue of $70 million and a return to operational profitability, achieving income from operations of $4.5 million, a substantial improvement compared to the $28.8 million operating loss reported in fiscal 2025.

The company’s bottom-line performance reflected disciplined cost management and increased service efficiency.

Aeries reported a net income of $3.5 million for the year.

Adjusted EBITDA reached $8.3 million, representing an 11.9% margin.

This performance surpassed the company's previously stated guidance of $7 million to $8 million and demonstrated a stark improvement from the $(4.7) million adjusted EBITDA and negative 6.6% margin recorded in the prior fiscal year.

Aeries also maintained consistent cash generation, reporting $6.8 million in operating cash flow.

This achievement marks the fourth consecutive quarter of positive operating cash flow, underscoring the sustainability of the company's business model.

A key driver of this year’s performance was the strategic expansion of the company’s Global Capability Center (GCC) engagements.

Aeries successfully grew its footprint across North America, India, and Mexico, meeting the rising demand for sophisticated service delivery models.

During the year, the company launched its AeriesOne A1 GCC Platform, an AI-enabled solution designed to automate and optimize the management of global business processes for its clients.

Looking toward fiscal 2027, Aeries management provided strong growth guidance.

The company anticipates revenue in the range of $80 million to $84 million, with an adjusted EBITDA target of $10 million to $12 million