New York, New York — November 17, 2025 — Leads & Copy — Aeries Technology, Inc. (NASDAQ: AERT) has announced its financial results for the second quarter of fiscal year 2026, ending September 30, 2025, reporting strong profitability driven by consistent operational execution, expanding relationships within the private equity ecosystem, and continued adoption of AI-led global delivery solutions.
Key financial highlights for Q2 FY2026 include revenue of $17.36 million, a 3% increase year-over-year from $16.87 million in Q2 FY2025. Net income was $0.64 million, a significant improvement from a net loss of $2.31 million in the same period last year. Adjusted EBITDA reached $2.55 million, representing a 14.7% margin, compared to $(2.30) million in Q2 FY2025.
For the six months ending September 30, 2025, Aeries reported a net income of $2.32 million, a notable turnaround from a net loss of $17.62 million in the prior-year period. Adjusted EBITDA for the same period was $3.59 million, compared to $(1.89) million in the previous year. Net cash provided by operating activities totaled $2.39 million, up from $0.21 million in the prior-year period.
The company highlighted that these results represent the strongest first half in its history, marked by two consecutive quarters of profitability and positive operating cash flow, driven by the increasing contribution of AI-enabled delivery and nearshore operations.
Aeries Technology is transitioning from a turnaround phase to a growth phase, focusing on AI platforms, an integrated India-Mexico delivery model, and sponsor-led expansion across the private equity ecosystem. In Q2, the company added multiple new enterprise clients across various end-markets, indicating rising demand for GCC builds, AI-led modernization, and automation at scale. Aeries anticipates further client opportunities in Q3.
Strategic and operational milestones during the quarter include the expansion of India and Mexico operations with plans to hire over 500 new employees, enhancing delivery capacity and scalability. A multi-million-dollar AI partnership was signed to expand India’s footprint and capabilities, and an AI-powered content automation solution was unveiled, promising over 80% efficiency gains and a 12× throughput improvement. The company also celebrated a 10-year client partnership, reflecting durability and trust, and delivered over $20 million in client savings through its nearshore GCC model in Guadalajara, Mexico.
Ajay Khare, Chief Executive Officer, stated that Q2 marks the completion of their turnaround and the commencement of a new phase, emphasizing the role of profitability, expanding PE sponsor relationships, and the compounding effect of their AI and GCC models in scaling the business with discipline.
Daniel Webb, Chief Financial and Investment Officer, noted that their first-half profitability and positive operating cash flow demonstrate a durable model. He added that they are balancing investment in automation with operating discipline and expect FY2026 Adjusted EBITDA to range from $6 million to $8 million as new contracts ramp and expand through the second half.
Aeries Technology (NASDAQ: AERT), founded in 2012, is a global leader in AI-enabled value creation, business transformation, and Global Capability Center (GCC) delivery for private-equity (PE) portfolio companies.
Contact:
IR@aeriestechnology.com
Source: Aeries Technology, Inc.
