Maase Inc. (MAAS)
Maase Inc. reported revenue of $27M in fiscal 2026, down 75.2% from a year earlier. It posted a net loss of $27.6M. In fiscal 2026 capital spending exceeded operating cash flow by $15.7M. At June 30, 2026 it held $5.5M in cash against $1.3M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on October 26, 2026.
Key facts about Maase Inc.
- Net worth
- Maase Inc. has a market value (market cap) of $4.5B at the latest share price, and shareholders' equity of $679.9M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $27M (-75.2% year on year), with a net loss of $27.6M.
- Cash flow
- In fiscal 2026 operations used $15.2M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on October 26, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
What Maase Inc. does
Maase Inc. is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker MAAS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $27M | -$27.6M | -$0.17 | -$15.7M |
| 2025 | $109.1M | -$27.4M | -$3.61 | $9.2M |
| 2024 | $163.1M | -$39.9M | -$0.17 | $7.4M |
| 2023 | $15.8M | -$6M | -$0.07 | -$25.5M |
| 2022 | $28.2M | -$9.1M | -$0.10 | -$2.1M |
| 2021 | $29.9M | -$6.5M | -$0.08 | -$1.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MAAS ranks in Finance
Latest SEC filings
What Maase Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 26, 2026Annual report (foreign issuer) 20-F · period to June 30, 2026Revenue fell 75% to $27M versus the prior year; diluted EPS -$0.17 versus -$3.61.
- October 13, 2026
- October 1, 2026
- September 23, 2026
- August 14, 2026Activist stake changed SCHEDULE 13D/A
- August 14, 2026Activist stake changed SCHEDULE 13D/A
- August 7, 2026Form F-3 filing F-3
- August 5, 2026
- August 5, 2026
- August 4, 2026
Insider trades
What the people running Maase Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns MAAS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Arts Wing Limited13D, may seek influence with 1 related filers | 17.77% | April 9, 2026 |
| Golden Brighter Limited13D, may seek influence with 1 related filers | 14.89% | August 14, 2026 |
| WJ Management Company Limited13D, may seek influence with 1 related filers | 14.57% | August 14, 2026 |
| YCY Management Company Limited13G, passive with 1 related filers | 10.18% | April 6, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 10 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Invesco Ltd. | 222,855 | new |
| Renaissance Technologies LLC | 26,600 | new |
| Geode Capital Management, LLC | 17,477 | new |
| Goldman Sachs Group Inc | 15,409 | new |
| UBS Group AG | 9,704 | +9,261 |
| Jpmorgan Chase & Co | 3,073 | new |
| Tower Research Capital LLC (TRC) | 1,120 | new |
| Morgan Stanley | 259 | new |
| Ameritas Advisory Services, LLC | 3 | new |
| Citigroup Inc | 1 | new |
Insiders
Questions about MAAS
What does Maase Inc. do?
Maase Inc. is a company in the Finance sector, listed on NASDAQ as MAAS. Its shares trade on NASDAQ under the ticker MAAS.
What is Maase Inc.'s net worth?
Maase Inc. has a market value (market cap) of $4.5B at the latest share price, and shareholders' equity of $679.9M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Maase Inc. profitable?
No. In fiscal 2026 it reported a net loss of $27.6M on revenue of $27M.
How much revenue does Maase Inc. make?
In fiscal 2026 Maase Inc. reported revenue of $27M. That is 75.2% less than a year earlier.
When did Maase Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on October 26, 2026. It covers the period to June 30, 2026.
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Where the numbers come from
Financial figures are the values Maase Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.