Aeries Technology, Inc. ( (AERT) ) has released its Q1 earnings. Here is a breakdown of the information Aeries Technology, Inc. presented to its investors.
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Aeries Technology, Inc. is a global leader in AI-powered business transformation and Global Capability Center services, primarily serving private-equity portfolio companies with scalable, technology-driven solutions.
Aeries Technology has reported its strongest first quarter in company history for FY2026, showcasing a significant turnaround with positive cash flow and a $17 million improvement in net income. This achievement is attributed to operational discipline and a focus on core AI-enabled services.
The company’s financial highlights for the quarter include a revenue of $15.3 million, a reduction in SG&A expenses by over 85%, and an operating profit of $0.8 million. Aeries also reported a net income of $1.7 million, reversing a previous net loss, and generated $1.4 million in cash flow from operations. These results reflect the company’s strategic shift towards high-value GCC and AI transformation services, alongside strengthened partnerships with private equity firms.
Looking ahead, Aeries Technology remains optimistic about its fiscal year 2026, reaffirming its revenue guidance of $74 million to $80 million and adjusted EBITDA of $6 million to $8 million. The company is poised for continued growth, leveraging its AI capabilities and private equity relationships to drive further profitability and scalable execution.