Aeries Technology, Inc. (NASDAQ: AERT) released its third‑quarter fiscal 2026 results on February 9, 2026, reporting revenue of $17.36 million and a core adjusted EBITDA of $7.4 million, a 365% increase from the same period a year earlier. The company highlighted continued growth in its AI‑enabled Global Capability Center (GCC) services, driven by higher utilization in India and Mexico and expanding client contracts in the private‑equity space.
Management raised its full‑year fiscal 2026 adjusted EBITDA guidance to $7 million to $8 million, up from the prior $6 million to $8 million range. The update reflects stronger-than‑expected demand for automation and AI services, improved margin discipline, and a higher mix of high‑margin GCC engagements. Aeries also confirmed positive operating cash flow for the quarter, signaling improved liquidity despite existing working‑capital pressures.
The earnings release underscores Aeries’ strategic pivot toward a focused AI‑enabled GCC model, with 93% of revenue now concentrated in North American private‑equity clients. The updated guidance and quarterly performance suggest the company is on track to meet its FY2026 revenue target of $74 million to $80 million, while maintaining a 4% attrition rate and expanding its talent acquisition capabilities. Investors will watch the company’s ability to sustain this momentum and address its liquidity challenges as it moves toward profitability in FY2027.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.