Revenue: As of FY2026 Q2, the actual value is USD 18.06 M.

EPS: As of FY2026 Q2, the actual value is USD 0.08.

EBIT: As of FY2026 Q2, the actual value is USD -1.61 M.

Consolidated Financial Performance (Six Months Ended March 31)

Net Loss

Cemtrex, Inc. reported a net loss of - $19,649,099 for the six months ended March 31, 2026, compared to a net loss of - $20,297,040 for the same period in 2025 .

Gross Profit

The consolidated gross profit for the six months ended March 31, 2026, was $12,469,070, representing 36% of revenues, a decrease from $17,867,391 or 44% of revenues for the prior year period .

Operating Loss

The company experienced a consolidated operating loss of - $4,978,197 for the six months ended March 31, 2026, compared to an operating income of $2,335,388 for the same period in 2025 .

General and Administrative Expenses

These expenses increased by $2,534,943 or 18%, reaching $16,398,974 for the six months ended March 31, 2026, primarily due to expenses related to the Invocon and Richland acquisitions .

Research and Development Expenses

R&D expenses decreased by $619,697 or 37% to $1,048,293 for the six months ended March 31, 2026, compared to $1,667,972 in the prior year period, driven by development in the Security and Aerospace and Defense segments .

Other Expense, Net

Other expense for the six months ended March 31, 2026, was - $14,047,941, primarily influenced by a bargain purchase gain, loss on warrant exercises, interest expense, and changes in the fair value of digital assets .

Income Tax Expense

The income tax expense from continuing operations was $340,185 for the six months ended March 31, 2026, with an effective tax rate of -1.79% .

Segmented Performance (Six Months Ended March 31, 2026 vs. 2025)

Security Segment

• Revenue: Decreased by $11,146,766 or 50% to $11,288,085 in 2026 from $22,434,851 in 2025, largely due to a significant $10,375,000 sale of security technology products in the prior year period .
• Gross Profit: Was $4,691,462 or 42% of segment revenues in 2026, down from $11,643,615 or 52% in 2025 .
• Operating Loss: The segment recorded an operating loss of - $4,386,807 in 2026, compared to an operating income of $2,389,133 in 2025 .

Industrial Services Segment

• Revenue: Increased by $3,093,885 or 17% to $21,649,202 in 2026 from $18,555,317 in 2025, mainly due to the acquisition of Richland LLC .
• Gross Profit: Increased to $7,231,994 or 33% of segment revenues in 2026, from $6,223,776 or 34% in 2025 .
• Operating Income: The segment’s operating income was $2,123,330 in 2026, compared to $1,756,781 in 2025 .

Aerospace and Defense Segment

• Revenue: Generated $1,232,592 in revenues for the six months ended March 31, 2026, as a newly established segment following the Invocon acquisition .
• Gross Profit: Was $520,815 or 42% of revenues for the six months ended March 31, 2026 .
• Operating Loss: The segment reported an operating loss of - $414,786 in 2026 .

Corporate Segment

• Revenue: Unallocated revenue of $24,799 in 2026, related to the company’s investment in digital assets .
• Operating Loss: The corporate segment reported an operating loss of - $2,299,934 in 2026, compared to - $1,810,526 in 2025 .

Cash Flow and Liquidity (Six Months Ended March 31)

Cash Flow from Operating Activities

Cash used by operating activities was - $5,310,446 in 2026, a shift from $1,600,532 provided in 2025 .

Cash Flow from Investing Activities

Cash used by investing activities increased to - $13,972,452 in 2026 from - $1,436,452 in 2025 .

Cash Flow from Financing Activities

Cash provided by financing activities significantly increased to $20,871,752 in 2026 from $1,032,254 in 2025 .

Working Capital

Working capital increased to $13,706,571 at March 31, 2026, from $5,184,339 at September 30, 2025 .

Cash, Cash Equivalents, and Restricted Cash

Totaled $7,910,118 at March 31, 2026, up from $6,347,041 at September 30, 2025 .

Acquisitions and Strategic Initiatives

Invocon, Inc. Acquisition

Completed on January 8, 2026, for $7,060,000 cash, establishing the Aerospace and Defense segment .

Richland Industries LLC Acquisition

Completed on February 5, 2026, for $600,000 via a note payable and $4,900,000 for its facility, resulting in a bargain purchase gain of $2,068,047 .

Digital Assets

Cemtrex, Inc. invested in Solana (SOL), with holdings valued at $1,085,163 at March 31, 2026 .

Outlook and Strategy

Cemtrex, Inc. is evaluating the potential impact of tariff refunds on future gross profit percentages in the Security segment and continually reevaluating its pricing model for the Vicon brand to improve margins . Long-term objectives include increasing marketing and sales across all segments, expanding presence through collaboration partnerships, and strategic acquisitions of complementary businesses . These initiatives are expected to be funded by cash on hand, debt issuance, and proceeds from securities sales .