Highway Holdings posts $1.5 million annual loss

• Highway Holdings reported fiscal 2026 revenue of $4.8 million and a net loss of $1.5 million.
• Highway Holdings shares were unchanged at $0.843 in premarket trading following the results.
• The company acquired 51% of Regent-Feinbau to diversify its manufacturing operations and reduce customer concentration.

Highway Holdings (NASDAQ:HIHO) reported fiscal 2026 revenue of $4.8 million and a shareholder-attributable net loss of $1.5 million, or $0.33 per share.

Revenue fell from $7.4 million in fiscal 2025, while the company swung from net income of $106,000, or $0.02 per diluted share.

Fourth-quarter revenue fell to $931,000, the quarterly net loss widened to $1.1 million, and the company recorded a largely non-cash $125,000 impairment.

Highway Holdings completed its 51% acquisition of Regent-Feinbau for €662,000, including €612,000 in cash and €50,000 in company shares.

The company ended March with $4.4 million in cash, $3.9 million in working capital and a current ratio of 2.2:1 while pursuing further diversification.