Aeries Technology (NasdaqCM:AERT) Q3 2026 Earnings call February 09, 2026 08:00 AM ET Company ParticipantsAjay Khare - CEODaniel Webb - CFOOperatorToday, and welcome to Aeries Technology third quarter and fiscal year 2026 earnings call. Joining us today on the call are Aeries Chief Executive Officer Ajay Khare and Chief Financial Officer Daniel Webb. The call will review the results for the quarter ended December 31st, 2025, and outline strategic priorities that are shaping the next stage of our growth. Bef ...

Financial Data and Key Metrics Changes - Revenue for Q3 FY 2026 was $17.5 million, slightly down from $17.6 million in the prior year period [8] - Adjusted EBITDA improved significantly to $2.5 million from a loss of $2 million in Q3 FY 2025, marking a turnaround [8][9] - Adjusted EBITDA margin was approximately 14.1%, a notable improvement from the previous year's negative margin [2][8] - Operating cash flow was positive for the third consecutive quarter at $2.4 million, indicating strong cash generation [9] Business Line Data and Key Metrics Changes - The company reported stable revenue across its business lines, with improved margins driven by automation and efficiency initiatives [2][3] - Continued momentum in AI-led transformation and GCC practices contributed to operational improvements [3][4] - Multi-year engagements with clients are expected to enhance revenue visibility and profitability in the future [4][5] Market Data and Key Metrics Changes - The company is seeing strong engagement across the Private Equity ecosystem and various industry sectors, reinforcing its market position [4] - The nearshore presence in Mexico is scaling, with recent engagements further strengthening long-term positioning [4] Company Strategy and Development Direction - The company is focused on creating a predictable and efficient operating model, with an emphasis on automation and AI capabilities [2][3] - Strategic relationships with clients are maturing into multi-year engagements, highlighting the durability of client relations [5] - The outlook for fiscal 2027 anticipates revenue in the range of $80 million to $84 million, supported by signed contracts and active program ramp-ups [7][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the revenue and profitability profile for fiscal 2027, citing strong visibility from multi-year contracts [6][10] - The company expects further contributions to revenue and profits as programs progress towards steady state [10] - The balance sheet remains healthy, positioning the company well for continued growth and improved profitability [11] Other Important Information - The company achieved its third Great Place to Work certification, reflecting strong talent retention and engagement [5] - Adjusted EBITDA guidance for the full fiscal year 2026 has been increased to a range of $7 million to $8 million, up from the previous guidance of $6 million to $8 million [9] Q&A Session Summary - No specific questions or answers were provided in the content, thus this section is not applicable.

Aeries Technology (NasdaqCM:AERT) Q3 2026 Earnings call February 09, 2026 08:00 AM ET Speaker2Today, and welcome to Aeries Technology third quarter and fiscal year 2026 earnings call. Joining us today on the call are Aeries Chief Executive Officer Ajay Khare and Chief Financial Officer Daniel Webb. The call will review the results for the quarter ended December 31st, 2025, and outline strategic priorities that are shaping the next stage of our growth. Before we begin, please note that today's discussion con ...

PresentationOperator Good day, and welcome to Aeries Technology Third Quarter and Fiscal Year 2026 Earnings Call. Joining us today are Aeries Chief Executive Officer; Ajay Khare; and Chief Financial Officer, Daniel Webb. The call will review the results for the quarter ended December 31, 2025, and outlined 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 ...

Financial Performance - Revenue for Q3 FY2026 was $17.5 million, with a net income of $1.2 million and an adjusted EBITDA of $2.5 million, reflecting a margin of 14.1%[7] - Aeries increased its FY26 adjusted EBITDA guidance to a range of $7 million to $8 million, up from the previous guidance of $6 million to $8 million[2] - For FY27, Aeries expects revenue between $80 million and $84 million, with an adjusted EBITDA range of $10 million to $12 million[3] - Revenues for the nine months ended December 31, 2025, were $50,149 million, a decrease of 1.9% compared to $51,147 million for the same period in 2024[24] - Gross profit for the nine months ended December 31, 2025, was $12,142 million, representing an increase of 4.4% from $11,627 million in 2024[24] - Net income for the nine months ended December 31, 2025, was $3,557 million, a significant improvement compared to a net loss of $15,575 million in the same period of 2024[27] - Adjusted EBITDA for the nine months ended December 31, 2025, was $6,045 million, compared to a loss of $3,931 million in 2024[30] - The adjusted EBITDA margin for the nine months ended December 31, 2025, was 12.1%, up from a margin of -7.7% in 2024[30] - The company reported a basic and diluted net income per Class A ordinary share of $0.06 for the nine months ended December 31, 2025, compared to a loss of $0.32 in 2024[24] - The weighted average shares outstanding of Class A ordinary shares for the nine months ended December 31, 2025, were 47,742,195, compared to 42,257,552 in 2024[24] Cash Flow and Assets - The company achieved positive operating cash flow of approximately $2.4 million for the third consecutive quarter, indicating improved operating leverage and cost discipline[7] - Cash flows from operating activities for the nine months ended December 31, 2025, provided $4,762 million, compared to cash used of $1,873 million in 2024[27] - Cash and cash equivalents at the end of the period were $2,570 million, a decrease from $2,764 million at the beginning of the period[28] - The total assets as of December 31, 2025, were $41.981 million, compared to $39.833 million as of March 31, 2025[21] - The total liabilities decreased from $45.937 million as of March 31, 2025, to $42.778 million as of December 31, 2025[21] - Aeries' accumulated deficit improved from $31.380 million as of March 31, 2025, to $28.547 million as of December 31, 2025[21] Market Demand and Strategy - Aeries reported continued strong demand from private equity portfolio companies and mid-market enterprises, contributing to increased client expansions and improved forward visibility[6] - Aeries' performance was driven by strong execution in India and Mexico, along with the increasing adoption of transformation programs and multi-year GCC engagements[4] - The company has strengthened its talent acquisition capabilities through a strategic partnership with a global recruitment firm to support scaling client programs[8]

NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Aeries Technology, Inc. (NASDAQ: AERT) (“Aeries” or the “Company”), a global leader in AI-powered business transformation and Global Capability Center (GCC) services, today announced financial results for its third quarter of fiscal 2026, ended December 31, 2025. Based on performance through the third quarter and continued execution momentum, Aeries is increasing the current full-year fiscal 2026 adjusted EBITDA guidance to a range of $7 million to $8 million, com ...

Core Insights - Aeries Technology, Inc. has announced a multi-year, multi-million-dollar engagement with a leading global financial services firm to establish a Global Capability Center in Bangalore [1][2] - The center will focus on developing the client's next-generation platform and modernizing its core digital infrastructure, leveraging India's engineering talent [2][3] - This partnership reflects the trend among global financial institutions to adopt cloud solutions and undergo large-scale digital transformations [3] Company Strategy - Aeries is building a specialized engineering team in Bangalore that will enhance platform engineering, cloud infrastructure, and data capabilities [4] - The establishment of the center is part of Aeries' broader strategy to scale premium technology delivery through innovation-led Global Capability Center operations [4] - The partnership includes a structured growth pathway, allowing the center to expand based on delivery performance and client priorities, ensuring long-term value creation [4] Company Background - Aeries Technology is recognized as a leader in AI-enabled value creation and business transformation, particularly for private equity portfolio companies [5] - Founded in 2012, the company has received Great Place to Work Certification for three consecutive years, highlighting its commitment to workforce development [5]

Core Insights - Aeries Technology has formed a strategic partnership with Michael Page to enhance productivity and client retention through integrated specialist hiring and GCC operating model [1][2] Company Overview - Aeries Technology, Inc. is a leader in AI-enabled value creation and business transformation, focusing on Global Capability Center (GCC) delivery for private equity portfolio companies [4] - Michael Page is a global recruitment firm specializing in mid-to-senior-level talent acquisition with over 40 years of experience [5] Partnership Details - The collaboration allows Aeries to utilize Michael Page's recruitment processes for faster access to vetted talent in engineering, finance, IT, and business operations, enhancing operational efficiency for enterprise clients [2][3] - Michael Page will incorporate Aeries' GCC advisory services into its offerings, providing a comprehensive solution for organizations aiming to establish and scale operations in India [2][3] Market Potential - The partnership addresses the increasing demand for India-based GCC capabilities, with projections indicating that India's GCC market could reach approximately $110 billion by 2030 [3] - Aeries and Michael Page aim to capture opportunities across the entire spectrum of GCC requirements, from talent acquisition to operational delivery [3]

Core Insights - Aeries Technology has achieved the Great Place To Work® Certification for the third consecutive year, highlighting its commitment to building a high-performance and engaged workforce [1][4]. Company Commitment - The certification reflects Aeries' dedication to cultivating an exceptional workplace culture that prioritizes employee development, career advancement, and a supportive environment for diverse talent [2][3]. - Aeries emphasizes a people-first approach, fostering trust, inclusivity, and belonging among its employees [2][3]. Employee Engagement - The Chief Human Resources Officer stated that the certification validates the company's investments in creating an inclusive and supportive environment, which enhances employee engagement and fulfillment [3]. - Engaged employees contribute to the quality, innovation, and reliability of the solutions provided to clients [3]. Evaluation Process - The Great Place To Work® Certification process involves comprehensive employee surveys and workplace assessments, measuring factors such as leadership trust, organizational fairness, and employee pride [3]. - Aeries' consistent recognition indicates a strategic focus on talent development and workforce retention [3].

Core Insights - Aeries Technology, Inc. has reported measurable improvements from early implementations of its Engineering Management Framework (EMF), which is now entering a phased rollout based on validated outcomes [1][2] Company Overview - Aeries Technology is a global leader in AI-enabled value creation and business transformation, particularly for private-equity portfolio companies, and has been recognized as a Great Place to Work for two consecutive years [3] Engineering Management Framework (EMF) - EMF is a governance-led system that standardizes the measurement and management of engineering performance across global delivery hubs, converting data into executive-ready insights [2] - Early programs utilizing EMF have shown significant gains in delivery predictability, release reliability, and actionable visibility into global engineering operations [2] Market Trends - Clients are increasingly prioritizing transparency, predictability, and scalable governance in their global engineering models, which is shaping the future of the Global Capability Center (GCC) market, projected to exceed $100 billion by 2030 [2] Performance Improvements - The implementation of AI-enabled engineering practices has resulted in up to 30% faster development cycles and a 30% reduction in data reconciliation timelines [5] - The framework has also facilitated faster migration cycles and improved system stability across multi-hub engineering environments [5]