Axil Brands reported revenue of $8.56M and net income of $1.46M for the quarter ended May 2026, up 48.9% year over year. This income statement covers 39 quarters of results from Nov 2016 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Nov2016 | Feb2017 | May2017 | Aug2017 | Nov2017 | Feb2018 | May2018 | Aug2018 | Nov2018 | Feb2019 | May2019 | Aug2019 | Nov2019 | Feb2020 | May2020 | Aug2020 | Nov2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||||||||
| Revenue | 0.84M | 0.49M | 0.48M | 0.53M | 4.24M | 6.73M | 5.66M | 17.41M | 6.11M | 8.42M | 6.47M | 6.50M | 5.85M | 7.73M | 6.92M | 5.75M | 6.86M | 8.13M | 7.29M | 8.56M | |||||||||||||||||||
| Cost of RevenueCost of Rev | 0.36M | 0.11M | 0.13M | 0.22M | 0.95M | 1.69M | 1.44M | 1.72M | 1.46M | 2.16M | 1.85M | 1.85M | 1.70M | 2.23M | 1.96M | 5.56M | 2.22M | 2.60M | 2.25M | 5.09M | |||||||||||||||||||
| Gross Profit | 0.48M | 0.38M | 0.34M | 0.31M | 3.28M | 5.04M | 4.22M | 13.06M | 4.65M | 6.26M | 4.62M | 4.65M | 4.15M | 5.50M | 4.97M | 4.05M | 4.63M | 5.54M | 5.04M | 6.22M | |||||||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 0.35M | 0.27M | 0.32M | 0.26M | 1.98M | 3.10M | 3.17M | 8.47M | 3.21M | 3.67M | 3.40M | 3.17M | 2.67M | 3.38M | 2.99M | 2.42M | 2.79M | 3.13M | 3.37M | 2.88M | |||||||||||||||||||
| Selling, General & AdministrativeSG&A | 0.06M | 0.06M | 0.06M | 0.09M | 0.36M | 0.23M | 0.25M | 0.44M | 0.56M | 0.42M | 0.41M | 0.36M | 0.49M | 0.43M | 0.39M | 2.75M | 0.43M | 0.49M | 0.43M | 2.76M | |||||||||||||||||||
| Restructuring CostsRestructuring | 1.11M | 0.96M | 0.83M | 2.78M | 1.27M | 1.32M | 1.33M | 1.32M | 0.22M | 1.45M | 1.39M | -1.76M | 0.16M | 0.18M | 0.16M | 1.94M | |||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 0.07M | 0.06M | 0.06M | 0.06M | -0.36M | -0.23M | -0.25M | -7.11M | 0.01M | 0.00M | 0.01M | -0.37M | 0.92M | -0.43M | -0.39M | 0.56M | 0.84M | 0.83M | 0.86M | -2.86M | |||||||||||||||||||
| Operating ExpensesOpex | 0.49M | 0.39M | 0.44M | 0.40M | 3.08M | 4.05M | 4.00M | 4.59M | 4.47M | 4.99M | 4.73M | 4.48M | 4.29M | 4.83M | 4.38M | 3.98M | 4.22M | 4.63M | 4.83M | 4.72M | |||||||||||||||||||
| Operating IncomeOp. Inc | -0.01M | -0.01M | -0.10M | -0.09M | 0.20M | 0.98M | 0.22M | 1.81M | 0.17M | 1.26M | -0.10M | 0.17M | -0.14M | 0.67M | 0.58M | 0.05M | 0.41M | 0.90M | 0.21M | 1.45M | |||||||||||||||||||
| EBIT | -0.01M | -0.01M | -0.10M | -0.09M | 0.20M | 0.98M | 0.22M | 1.81M | 0.17M | 1.26M | -0.10M | 0.17M | -0.14M | 0.67M | 0.58M | 0.05M | 0.41M | 0.90M | 0.21M | 1.45M | |||||||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.00M | 0.00M | 0.00M | 0.00M | -387.00 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.00M | |||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 11.00 | 7.00 | 10.00 | 8.00 | 0.00M | 0.00M | 0.01M | -0.01M | 0.04M | 0.04M | 0.05M | 0.05M | 0.03M | 0.03M | 0.04M | 0.04M | 0.04M | 0.03M | 0.03M | 0.03M | |||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.04M | 0.05M | 0.01M | 0.00M | 0.01M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.02M | 0.00M | |||||||||||||||||||||||||
| Non Operating IncomeNon Op. Inc. | -0.00M | 0.03M | -0.00M | -0.00M | 0.05M | 0.00M | 0.01M | 0.01M | 0.05M | 0.12M | 0.06M | 0.06M | 0.03M | 0.03M | 0.05M | 0.04M | 0.04M | 0.03M | 0.05M | 0.04M | |||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||||||||
| EBT | -0.02M | 0.03M | -0.10M | -0.10M | 0.25M | 0.99M | 0.22M | 0.60M | 0.22M | 1.38M | -0.05M | 0.23M | -0.11M | 0.70M | 0.63M | 0.09M | 0.45M | 0.94M | 0.27M | 1.48M | |||||||||||||||||||
| Tax ProvisionsTaxes | 0.07M | 0.26M | 0.06M | 0.04M | 0.07M | 0.36M | -0.83M | 0.77M | 0.07M | 0.05M | 0.33M | 0.12M | 0.23M | 0.06M | 0.25M | ||||||||||||||||||||||||
| Profit After TaxPAT | -0.02M | 0.03M | -0.10M | -3.13M | 0.18M | 0.73M | 0.16M | 0.76M | 0.15M | 1.02M | 0.78M | 0.05M | -0.11M | 0.63M | 0.58M | -0.25M | 0.33M | 0.70M | 0.20M | 1.46M | |||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -0.02M | 0.03M | -0.10M | -0.10M | 0.18M | 0.73M | 0.16M | 0.56M | 0.15M | 1.02M | 0.78M | -0.55M | -0.11M | 0.63M | 0.58M | -0.25M | 0.33M | 0.70M | 0.20M | 1.24M | |||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -0.02M | 0.03M | -0.10M | -0.10M | 0.18M | 0.73M | 0.16M | 0.56M | 0.15M | 1.02M | 0.78M | -0.55M | -0.11M | 0.63M | 0.58M | -0.25M | 0.33M | 0.70M | 0.20M | 1.24M | |||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -0.02M | 0.03M | -0.10M | -0.10M | 0.18M | 0.73M | 0.16M | 0.56M | 0.15M | 1.02M | 0.78M | -0.55M | -0.11M | 0.63M | 0.58M | -0.25M | 0.33M | 0.70M | 0.20M | 1.24M | |||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -0.02M | 0.03M | -0.10M | -0.10M | 0.18M | 0.73M | 0.16M | 0.56M | 0.15M | 1.02M | 0.78M | -0.55M | -0.11M | 0.63M | 0.58M | -0.25M | 0.33M | 0.70M | 0.20M | 1.24M | |||||||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.01 | 0.01 | -0.05 | -0.05 | 0.03 | 0.09 | 0.03 | 0.10 | 0.03 | 0.12 | 0.13 | -0.09 | -0.02 | 0.10 | 0.09 | -0.04 | 0.05 | 0.10 | 0.03 | 0.18 | |||||||||||||||||||
| EPS (Diluted) | -0.01 | 0.01 | -0.05 | -0.05 | 0.01 | 0.03 | 0.01 | 0.03 | 0.01 | 0.04 | 0.04 | -0.03 | -0.02 | 0.08 | 0.07 | -0.03 | 0.04 | 0.09 | 0.02 | 0.15 | |||||||||||||||||||
| Shares Outstanding | 2.10M | 2.10M | 2.10M | 2.10M | 5.12M | 8.20M | 5.85M | 5.64M | 5.85M | 8.33M | 5.86M | 5.87M | 6.17M | 6.45M | 6.52M | 6.44M | 6.64M | 6.74M | 6.80M | 6.75M | |||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 2.10M | 2.10M | 2.10M | 2.10M | 15.71M | 26.26M | 18.63M | 17.87M | 18.62M | 26.51M | 18.58M | 16.17M | 6.17M | 8.17M | 8.20M | 8.22M | 8.24M | 8.23M | 8.26M | 8.26M | |||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 2.10M | 2.10M | 2.10M | 2.10M | 5.76M | 8.20M | 5.85M | 5.85M | 5.85M | 8.33M | 5.88M | 5.91M | 6.46M | 6.47M | 6.65M | 6.66M | 6.66M | 6.80M | 6.82M | 6.82M | |||||||||||||||||||
| EBITDA | -0.01M | -0.01M | -0.10M | -0.09M | 0.20M | 0.98M | 0.22M | 1.81M | 0.17M | 1.26M | -0.10M | 0.17M | -0.14M | 0.67M | 0.58M | 0.05M | 0.41M | 0.90M | 0.21M | 1.45M | |||||||||||||||||||
| Interest ExpensesInt Expense | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.00M | 0.00M | 0.00M | 0.00M | -387.00 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.00M | |||||||||||||||||||
| Tax Rate | 29.87% | 26.42% | 26.87% | 6.10% | 29.93% | 26.36% | 1,785.38% | 340.81% | 9.59% | 8.43% | 379.32% | 25.61% | 24.85% | 24.05% | 16.62% |