Aeries Technology, Inc (AERT) Q2 2026 Earnings Call Prepared Remarks Transcript

Operator

Good day, and welcome to Aeries Technology Second Quarter Fiscal 2026 Earnings Conference Call. Joining us today are Aeries Chief Executive Officer, Ajay Khare; and Chief Financial Officer, Daniel Webb. The call will be — will review the results for the quarter ended September 30, 2025, and outline strategic priorities that are shaping the next stage of our growth.

Before we begin, please note that today’s discussion contains forward-looking statements, including Aeries expectations regarding future performance and market opportunities. Actual results may differ materially. Please refer to the SEC filings and earnings press release for a full discussion of risks and uncertainties. Additionally, this call will include certain non-GAAP financial measures. Reconciliations of these measures to the most directly comparable GAAP measures are available in our earnings release and on our website.

With that, I’ll turn the floor over to Ajay.

Bhisham Khare
CEO & Director

Thank you. Thank you, and good morning, everyone. Quarter 2 financial year 2026, that is quarter ending September 30, 2025, represents a defining milestone in Aeries journey, the quarter that marks the completion of our turnaround and beginning of our next phase of disciplined growth designed to help propel Aeries towards long-term sustainable profitability. We build on to this momentum from Q1 and achieved strong financial performance with $17.36 million in revenue, $0.64 million in net income and $2.255 million (sic) [ 2.55 million ] in adjusted EBITDA, representing a 14.7% adjusted EBITDA margin.

For the first half of the fiscal year ended September 30, 2025, we generated $32.69 million in revenue, $2.32 million in net income, $3.59 million in adjusted EBITDA, and $2.39 million in cash flow from