Aeries Technology, Inc (AERT)

NASDAQ: AERT · Real-Time Price · USD

6.02

+0.40 (7.12%)

At close: Oct 23, 2026, 4:00 PM EDT

6.11

+0.09 (1.50%)

After-hours: Oct 23, 2026, 7:30 PM EDT

Aeries Technology Financials Overview

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	76.6	70.01	70.2	72.51	53.1	41.01
Revenue Growth	11.24%	-0.26%	-3.19%	36.55%	29.47%	6.39%
Gross Profit	19.9	17.3	16.72	21.64	13.66	12.01
Operating Income	7.06	4.52	-27.08	2.99	3.28	6.58
Net Income	2.82	2.55	-19.71	14.15	1.45	3.52
Earnings Per Share	0.45	0.42	-3.66	7.29	-	-
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
North America	68.06	62.87	65.49	56.96	48.2	38.03
Asia Pacific and Other	8.54	7.14	4.71	15.55	4.9	2.98
Total	76.6	70.01	70.2	72.51	53.1	41.01

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	6.07	4.88	2.76	2.08	1.13	0.35
Total Debt	11.17	14.38	17.78	16.21	8.8	1.99
Net Cash (Debt)	-5.1	-9.5	-15.02	-14.12	-7.67	-1.64
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.82	-1.57	-2.79	-7.27	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	10.23	6.77	-1.01	-4.3	2.11	3.16
Capital Expenditures	-1.13	-1.11	-1.48	-1.52	-1.6	-1.65
Free Cash Flow	9.09	5.66	-2.49	-5.82	0.51	1.51
Free Cash Flow Growth	1186.28%	-	-	-	-66.16%	66.48%

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	25.98%	24.71%	23.82%	29.85%	25.72%	29.28%
Operating Margin	9.21%	6.45%	-38.57%	4.12%	6.17%	16.05%
Pretax Margin	8.55%	7.81%	-32.29%	26.38%	5.21%	14.64%
Profit Margin	3.69%	3.65%	-28.08%	19.52%	2.72%	8.58%
FCF Margin	11.87%	8.08%	-3.55%	-8.03%	0.96%	3.68%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 25, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	13.57	6.00	-	2.84	205.78	78.42
P/FCF Ratio	3.53	2.71	-	-	582.31	182.65
PS Ratio	0.42	0.22	0.37	0.55	5.60	6.73