---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-26-000105"
form_type: "8-K"
ticker: "AXIL"
cik: "0001718500"
company_name: "Axil Brands, Inc."
filed_at: "2026-04-08T23:59:59+00:00"
generated_at: "2026-05-15T06:54:03.369903+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AXIL Brands Q3 net income falls to $0.2M; revenue +5.4% to $7.3M; guides Q4 rev $8-$10M

## Summary
- Net income $0.2M ($0.02 diluted EPS) vs $0.6M ($0.07) prior year; adjusted EBITDA $0.5M vs $0.9M.
- Net sales $7.3M, +5.4% YoY; gross margin 69.1% (down from 71.7%) due to tariffs.
- Operating expenses +10.1% to $4.8M on increased retail marketing spend.
- Operational: Walmart 3,700-store rollout starting H1 2026; Home Depot online; Sportsman's Warehouse in 70 stores.
- Guidance: Q4 FY2026 revenue $8-$10M (39-74% growth); full-year FY2026 revenue $30.2-$32.2M (15-23% growth).

## SEC filing metadata
- accession: 0001520138-26-000105
- form_type: 8-K
- ticker: AXIL
- cik: 0001718500
- company_name: Axil Brands, Inc.
- filed_at: 2026-04-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718500/000152013826000105/0001520138-26-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718500/000152013826000105/axil-20260408_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-26-000105
- JSON: https://secwatch.observer/filing/0001520138-26-000105.json
- Plain text: https://secwatch.observer/filing/0001520138-26-000105.txt

## Key facts
- Earnings Releases
  Axil Brands, Inc. reported third fiscal quarter ended February 28, 2026 results: revenue $7.3 million, net income $0.2 million, EPS $0.02 per diluted share.
  - Period: third fiscal quarter ended February 28, 2026
  - Revenue: $7.3 million
  - Net income: $0.2 million
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: results for the third fiscal quarter ended February 28, 2026 (“Q3 2026”). Financial Highlights for the Quarter Ended February 28, 2026 · Net sales increased 5.4% in Q3 2026 to $7.3 million, compared to $6.9 million in the prior year period · Gross profit was largely unchanged at approximately $5.0 million for both periods, representing 69.1% gross margin in Q3
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718500/000152013826000105/0001520138-26-000105-index.htm
- Earnings Releases
  Axil Brands, Inc. reported fourth quarter of fiscal 2026 results: revenue $8 million to $10 million. Guidance initiated.
  - Period: fourth quarter of fiscal 2026
  - Revenue: $8 million to $10 million
  - Guidance: initiated
  - Result: guidance update
  source text: Fourth Quarter and Fiscal Year 2026 Outlook Based on our current visibility and assumptions regarding continued retail expansion and other factors, we expect revenue for the fourth quarter of fiscal 2026 to be in the range of $8 million to $10 million, representing approximately 39% to 74% year-over-year growth, with gross margins for the fourth quarter of fiscal 2026 to be
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718500/000152013826000105/0001520138-26-000105-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.