SEC filing · 10-Q

Axil Brands, Inc.: Quarterly report

Axil Brands reported higher quarterly net income despite an 11.2% revenue decline as it launched a new product line.

Filed October 6, 2026 · period ended August 31, 2026

Mixed for the company

What the numbers say

Revenue fell 11% to $6.1M versus the same quarter last year (29% down on the previous quarter); operating margin widened from 6.0% to 7.2%; diluted EPS $0.05 versus $0.04; cash rose by $3.5M to $7.9M.

Compared with the same period a year earlier, from the figures Axil Brands, Inc. reported to the SEC.

What happened

Net revenues decreased by $765,835 or 11.2% to $6,090,383 primarily because a large retail chain order from the prior year did not recur and sales slowed ahead of a product launch.

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Summary generated automatically from the filing text and checked against it: every number above is printed in the document. It describes the filing and is not investment advice. Read the original before relying on it.