Axil Brands FY26 net income more than doubled to $2.7 million; revenue rises 17.5% to $30.85 million
Reuters2026/08/18 20:11- Axil Brands posted GAAP net income of USD 2.7 million, up 17.5% revenue to USD 30.85 million.
- GAAP operating income more than doubled to USD 2.98 million, reflecting higher big-box retail chain orders.
- Gross margin narrowed 1.7 percentage points to 69.3% on a shift toward lower-margin retail and wholesale sales.
- Non-GAAP adjusted EBITDA climbed 66.2% to USD 4.04 million, lifting margin to 13.1% from 9.3%.
- Expanded distribution included MX PRO and MX Passive in about 1,250 Walmart stores, GSX 3.0 and XCOR Pro at Sportsman’s Warehouse.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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