<span item_type="fundamental" item_id="054ceb44c594ab7a86fe9302c40067e1" counter_id="ST/US/JRSH" env="prod"></span><span item_type="announcement" item_id="614204389057235329" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 41.77 M, missing the estimate of USD 42.3 M.</p><p>EPS: As of FY2026 Q3, the actual value is USD 0.09.</p><p>EBIT: As of FY2026 Q3, the actual value is USD 2.336 M.</p><p></p><h3>Fiscal 2026 Third Quarter Financial Highlights</h3><h4>Gross Profit</h4><p>Gross Profit increased 31.0 percent to $7.0 million from $5.4 million in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Gross Margin</h4><p>Gross Margin improved 170 basis points to 16.9 percent from 15.2 percent in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Operating Expenses</h4><p>Total Operating Expenses were $5.1 million, compared with $4.7 million in the same quarter last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Selling, general and administrative expenses were $4,877,501, compared to $4,200,975 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Stock-based compensation expenses were $228,825, down from $474,088 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Operating Income</h4><p>Operating Income nearly tripled to $1.9 million from $708,000 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Total Other Expenses, Net</h4><p>Total Other Expenses, Net were - $418,440, compared with - $251,699 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Interest expenses were - $393,190, compared to - $364,939 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Other (expenses) income, net was - $25,250, compared to $113,240 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Income Tax Expenses</h4><p>Income Tax Expenses were $367,935, compared with $449,714 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Net Income</h4><p>Net Income improved to $1.2 million from $6,000 in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders</h4><p>Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders advanced to $1,225,603 from a comprehensive loss of - $146,775 in the same quarter last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h3>Nine-Month Fiscal Year 2026 Financial Highlights</h3><h4>Gross Profit</h4><p>Gross Profit increased 13.7 percent to $19.4 million from $17.1 million for the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Gross Margin</h4><p>Gross Margin improved to 15.7 percent from 14.7 percent in the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Operating Expenses</h4><p>Operating Expenses were $15.4 million, compared with $16.1 million for the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Selling, general and administrative expenses were $14,756,182, compared to $14,650,105 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Stock-based compensation expenses were $680,320, down from $1,417,111 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Operating Income</h4><p>Operating Income nearly quadrupled to $4.0 million from $1.0 million for the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Total Other Expenses, Net</h4><p>Total Other Expenses, Net were - $1,181,303, compared with - $1,041,850 for the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Interest expenses were - $1,242,520, compared to - $1,348,291 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span>Other (expenses) income, net was $61,217, compared to $306,441 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Income Tax Expenses</h4><p>Income Tax Expenses were $850,523, compared with $667,312 for the same period in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Net Income (Loss)</h4><p>Net Income improved by $2.7 million to $2.0 million from a net loss of - $696,000 in the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders</h4><p>Comprehensive Income Attributable to Jerash Holdings (US), Inc.’s Common Stockholders improved to $1,998,233 from a comprehensive loss of - $820,207 for the same period last year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h3>Balance Sheet and Cash Flow Highlights as of December 31, 2025</h3><h4>Cash and Restricted Cash</h4><p>Cash and Restricted Cash totaled $13.2 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Net Working Capital</h4><p>Net Working Capital was $36.4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Net Cash Used in Operating Activities (Nine Months)</h4><p>Net Cash Used in Operating Activities was - $3,491,495, compared to - $581,275 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Net Cash Used in Investing Activities (Nine Months)</h4><p>Net Cash Used in Investing Activities was - $1,372,094, compared to - $1,671,833 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Net Cash Provided by Financing Activities (Nine Months)</h4><p>Net Cash Provided by Financing Activities was $2,922,305, compared to $3,123,718 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h4>Cash, and Restricted Cash, End of the Period</h4><p>Cash, and Restricted Cash, End of the Period was $13,155,768, compared to $14,782,918 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h3>Dividends</h3><p>Jerash Holdings (US), Inc.’s board of directors approved a regular quarterly dividend of $0.05 per share on its common stock.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p><h3>Outlook</h3><p>Jerash Holdings (US), Inc. anticipates fiscal 2026 fourth quarter gross margin to be approximately 14 to 16 percent.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span> The company expects a new manufacturing building to increase production capacity by at least 40 percent upon completion of renovations by the end of the calendar year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span> This expansion aims to support increasing demand and diversify its customer base and product mix.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1696558/000121390026013466/ea027602901ex99-1_jerash.htm"></span></p>

Jerash | 8-K: FY2026 Q3 Revenue Misses Estimate at USD 41.77 M