Every 10-Q that Aeries Technology (AERT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AERT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AERT filings page.
Aeries Technology, Inc. reported stronger quarterly results for the three months ended June 30, 2026. Revenue was $21.9 million, up from $15.3 million a year earlier, with net income of $2.2 million versus $1.7 million. Operating cash flow improved to $4.8 million, lifting cash and cash equivalents to $6.1 million as of June 30, 2026. Gross profit rose to $6.4 million and income from operations to $3.4 million.
The balance sheet remains highly leveraged: total liabilities of $43.1 million exceed assets, leaving total shareholders’ deficit at $(2.6) million. The company continues to carry a $4.1 million forward purchase agreement put option liability and derivative warrant liabilities. Management discloses substantial doubt about the ability to continue as a going concern, citing obligations under FPAs, credit risk and reliance on additional financing and waivers.
During the quarter Aeries effected a 1‑for‑8 share consolidation, reducing outstanding Class A ordinary shares from about 45.9 million to 5.7 million and helping regain compliance with Nasdaq’s minimum bid price rule; the company is now under a one‑year mandatory panel monitor. A significant customer issued a non‑renewal notice effective June 30, 2026, expected to reduce annual revenue by about $5.7 million, partially offset by a $2.7 million success fee. Management is pursuing cost cuts, liquidity actions and potential new financing to support operations.
Aeries Technology, Inc. filed its quarterly report for the period ended December 31, 2025. Revenue was broadly flat, at $17.46M for the quarter and $50.15M for the nine months, compared with $17.61M and $51.15M a year earlier.
The company swung to nine‑month net income of $3.56M versus a prior‑year loss of $15.58M, helped by lower operating expenses and favorable fair‑value movements on financial instruments. Operating cash flow improved to $4.76M from a $1.87M outflow, though cash on hand remained modest at $2.57M.
Despite improved profitability, Aeries reported a shareholders’ deficit of $1.19M and disclosed conditions that raise substantial doubt about its ability to continue as a going concern, mainly tied to potential cash settlement of forward purchase agreement liabilities. Management is pursuing financing, liability restructuring, cost reductions and has put in place an at‑the‑market share sales program, but notes there is no guarantee these measures will succeed.
Aeries Technology (AERT) reported a profit for the quarter ended September 30, 2025, reversing last year’s loss. Revenue was $17.359 million versus $16.873 million a year ago, while gross profit improved to $5.022 million. Operating expenses fell sharply, with selling, general and administrative costs at $3.037 million versus $7.670 million, driving income from operations of $1.985 million.
Net income attributable to shareholders was $0.241 million, or $0.01 per share, compared with a loss last year. For the six-month period, revenue was $32.688 million and net income attributable to shareholders was $1.755 million. Cash from operations totaled $2.394 million for the six months, though cash and equivalents were $1.866 million at period end. The shareholders’ equity deficit narrowed to $(2.905) million from $(5.804) million.
Management disclosed going concern risks, citing a significant customer non-renewal expected to reduce annual revenues by approximately $4.000 million, partly offset by a one-time buyout revenue of about $1.650 million. An ATM program was filed on October 1, 2025 and remains under SEC review with no sales to date. Potential immediate cash settlement of forward purchase agreement liabilities could pressure liquidity. As of November 7, 2025, there were 48,853,810 Class A shares outstanding.
Aeries Technology, Inc. reported a quarter ended June 30, 2025 with net revenue of $15.33 million (down from $16.67 million a year earlier) and gross profit of $3.78 million. The company returned to profitability, reporting net income of $1.676 million and net income attributable to Aeries shareholders of $1.512 million, or $0.03 per share (basic and diluted). Operating cash flow was positive at $1.369 million.
Liquidity remains a material concern: cash and cash equivalents totaled $2.137 million and the company disclosed a working capital deficit of $10.621 million. A forward purchase agreement (FPA) put option liability of $3.78 million remains outstanding and may be settled in cash or equity at holders' option. Management disclosed substantial doubt about the company’s ability to continue as a going concern and described mitigation plans including cost reductions, additional credit or equity financing, and liability restructurings, but noted no assurance these will succeed.