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Earnings Data
Report Date
Oct 15, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive growth narrative: strong revenue momentum (+70% YoY), a larger qualified pipeline (~$105M) and near‑record backlog (~$48.8M), notable international traction (e.g., British Museum), and a strengthened cash position from an $11.5M financing. Key challenges include compressed gross margins from the Xtract One Gateway ramp (Q2 estimated as a trough), higher operating cash usage to build inventory, a YoY decline in new bookings, and some backlog timing variability. Management expects margins for the Xtract One Gateway to improve toward SmartGateway levels over coming quarters and reiterated confidence in record fiscal 2026 revenue, making the outlook positive despite near‑term margin and cash‑flow headwinds.Company Guidance
Strong Revenue Growth
Total revenue of approximately $5.8M in Q2 FY2026, up 70% year-over-year from $3.4M and up 26% quarter-over-quarter from Q1, with management commenting Q2 may represent a trough in gross margin and expecting continued revenue acceleration through fiscal 2026.
Near‑Record Backlog and Contracted Pipeline
Contractual backlog and signed agreements pending installation totaled $48.8M versus $37.2M a year ago (+31%), comprised of $13.9M contractual backlog and $34.9M signed agreements pending installation, with management expecting the majority of pending agreements to deploy within 12 months.
Large Product Orders and Deployments
Approximately 150 Xtract One Gateways ordered (~$21M) with roughly one‑third (~$7M) delivered and installed by end of Q2; deployments now present across almost every U.S. state and multiple school districts.
Expanding Qualified Sales Pipeline
Qualified sales pipeline of about $105M (USD), reported roughly evenly split between SmartGateway and Xtract One Gateway, signaling a deep funnel of future opportunities.
Notable Customer Win — British Museum
Secured a high‑profile international customer (British Museum), which management highlighted as a landmark win that can drive further global opportunities and referenceability.
Production and Supply Improvements
Management reported resolving many initial manufacturing and supply chain constraints for the Xtract One Gateway, increased production throughput, and a phased ramp of manufacturing to match demand while suppliers are on track to expand throughput.
Balanced Product Revenue Mix
Revenue is beginning to split more evenly between SmartGateway and Xtract One Gateway, with SmartGateway gross margins remaining healthy in the mid‑ to high‑60% range and the company expecting One Gateway margins to improve toward similar levels over time.
Strengthened Cash Position
Closed a bought deal raising approximately $11.5M (gross proceeds, including over‑allotment) and ended the quarter with $15.7M in cash and cash equivalents, providing capital to accelerate production and working capital needs.
TSE:XTRA 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:XTRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 10, 2026 | C$0.56 | C$0.70 | +25.00% |
Mar 04, 2026 | C$0.52 | C$0.50 | -3.85% |
Dec 03, 2025 | C$0.63 | C$0.60 | -4.76% |
Oct 23, 2025 | C$0.71 | C$0.71 | 0.00% |
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 Xtract One (TSE:XTRA) report earnings?
Xtract One (TSE:XTRA) is schdueled to report earning on Oct 15, 2026, TBA (Confirmed).
What is Xtract One (TSE:XTRA) earnings time?
Xtract One (TSE:XTRA) earnings time is at Oct 15, 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:XTRA EPS forecast?
Currently, no data Available