earnings
confidence high
sentiment neutral
materiality 0.60
AXIL Brands Q1 FY2027 revenue fell 11.2% to $6.1M as XCOR II launch shifted sales to Q2
Axil Brands, Inc.
2027-Q1 EPS reported
$0.05
revenue$6,090,383
- Net revenues were $6.1 million vs $6.9 million a year earlier, an 11.2% decline, due to the XCOR-to-XCOR II transition and a non-repeating big-box order.
- Gross margin rose to 82.6% from 67.6%, lifted by a non-recurring $0.55 million IEEPA customs duty refund; underlying margin was about 73.6%.
- XCOR II orders exceeded $2.8 million as of August 26 and $3.6 million as of September 30, 2026; shipments began in Q2 fiscal 2027.
- Net income was $0.4 million, or $0.05 per diluted share, vs $0.3 million or $0.04; operating cash flow was $3.8 million vs $739,000 used.
- AXIL ended the quarter with $7.9 million cash, up from $4.5 million at May 31, 2026, and no outstanding borrowings.