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NanoXplore Inc (TSE:GRA)
TSX:GRA
Earnings Data
Report Date
May 19, 2026TBA (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
-0.01Last Year’s EPS
-0.01Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: clear operational and strategic positives (commercial milestones, dry-process commercialization timeline, Club Car launch, Volvo contract, and CPChem traction) alongside material near-term financial challenges (17% YoY revenue decline, sharply lower adjusted EBITDA, negative operating cash flow and ongoing CapEx). Management emphasized disciplined capital allocation (not pursuing the CAD 100M CSPG project) and provided FY2026 revenue guidance (CAD 115M–120M), but recovery timing remains uncertain. Overall, the company shows constructive commercial progress and a path to margin expansion, while still facing meaningful short-term financial headwinds.Company Guidance
Dry Process Graphene Commercialization On Track
First fully commercial dry process graphene module expected operational by early April 2026; each module adds ~500–1,000 tonnes annual capacity; module capex ~CAD 1.5M–2M and is materially lower capital intensity than previously contemplated wet process investments.
Successful Club Car Launch and Accelerating Shipments
Program with Club Car launched on-time with seamless integration; shipments are accelerating into peak recreational season and validating NanoXplore's ability to scale within global OEM platforms.
New Volvo Trucks Contract Adds Visible Revenue
Takeover contract with Volvo Trucks expected to begin summer 2027 and contribute approximately CAD 9M–10M annually; this is incremental to the previously announced CAD 40M of contracted graphene solutions business.
Chevron Phillips Chemical (CPChem) Collaboration Progressing
Contract effective Oct 1, 2025; shipments of Tribograf to CPChem early adopters and active field testing of NanoSlide with two major Asian producers, a leading oilfield service company trialing product, and tests initiated in Latin America — early commercial traction across multiple basins.
Sequential Operating Improvements
Management reported sequential improvements in revenue, gross margin and adjusted EBITDA in Q2 versus Q1, and expects continued quarter-over-quarter margin expansion as volumes recover.
Adjusted Gross Margin Slightly Improved
Adjusted gross margin (excluding depreciation) was 21.5% in Q2 FY2026 versus 21.3% in Q2 FY2025 — a +0.2 percentage point improvement despite revenue being CAD 5.6M lower year-over-year.
Liquidity and Balance Sheet Position
Cash and cash equivalents of CAD 30.1M and total liquidity of CAD 40.1M (including unused revolving credit lines) with CAD 14.6M of short- and long-term debt — provides runway while near-term investments complete.
Fiscal Year 2026 Revenue Guidance Provided
Company reiterated FY2026 revenue outlook of CAD 115M–120M, expecting Q1 trough followed by sequential quarterly growth (Q2 showed that trend).
TSE:GRA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:GRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 10, 2026 | C$2.46 | C$2.35 | -4.47% |
Nov 12, 2025 | C$2.36 | C$2.36 | 0.00% |
Sep 16, 2025 | C$3.10 | C$2.80 | -9.68% |
May 13, 2025 | C$2.42 | C$2.41 | -0.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NanoXplore Inc (TSE:GRA) report earnings?
NanoXplore Inc (TSE:GRA) is schdueled to report earning on May 19, 2026, TBA (Confirmed).
What is NanoXplore Inc (TSE:GRA) earnings time?
NanoXplore Inc (TSE:GRA) earnings time is at May 19, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:GRA EPS forecast?
TSE:GRA EPS forecast for the fiscal quarter 2026 (Q3) is -0.01.