Earnings Releases·Nov 9, 2026, 4:01 PM ET

Amaero Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 revenue surged 35% year-over-year to $4.1 million, while nine-month and trailing twelve-month revenues grew 170% and 191% respectively; however, net loss widened to $9.1 million ($0.38/share) from $4.1 million in Q3 2025, driven by a gross loss of $4.4 million due to production restarts and lower yields.
Management raised full-year 2026 revenue guidance to $16.0–$16.5 million (up 154–162% YoY) and Q4 guidance to $4.5–$5.0 million, citing expected operating leverage and margin improvements as fixed costs are absorbed by growing revenue.
Backlog reached a record $13.4 million (up 96% from year-end 2025), anchored by a $4.4 million U.S. Department of War contract and a new $4.5 million DoW program, alongside the first revenue recognition from a Low-Rate Initial Production contract with Bechtel Plant Machinery, Inc.
The Company completed its U.S. IPO in October 2026, raising $17.0 million in net proceeds, and amended its EXIM Bank Credit Agreement to release $2.1 million in restricted cash, bringing total cash and equivalents to $19.3 million as of October 31, 2026.
Strategic capacity expansions include a 100% increase in titanium throughput via a new sieving system and the on-track commissioning of an argon gas recycling plant in Q1 2027 and a fourth EIGA Premium atomizer in June 2027.