Monitor next quarter's gross margin trajectory and cash flow from operations — the shift to higher-priced vehicles boosted revenue but compressed margins, and negative operating cash flow persists. Watch for any guidance on sustainable profitability or further portfolio shifts.
Price Chart
Executive Summary
STAK Inc. reported fiscal year 2026 revenue of $28.2M (+13.21% YoY) and net income of $0.4M (vs. -$5.7M loss in FY2025), driven by a shift toward higher-priced specialized oilfield vehicles. However, gross margin contracted from 30.86% to 26.43% and operating cash flow remained negative at -$2.7M, highlighting ongoing profitability challenges despite the top-line growth.
Key Financial Metrics
Key Facts
- Revenue increased 13.21% YoY to $28.2M from $24.9M
- Net income of $0.4M vs net loss of $5.7M in prior year
- Gross profit margin declined from 30.86% to 26.43%
- Specialized oilfield vehicles revenue surged 103.35% to $22.2M; equipment sales fell 53.89% to $5.5M
- Basic EPS of $0.03 vs -$0.53 loss per share in FY2025
- Operating cash flow was -$2.7M (improved from -$2.9M)
- Cash and equivalents rose to $4.9M from $1.0M, partly from $6.8M financing activities
Financial Impact
Revenue growth of $3.3M YoY; net income swing of +$6.1M from loss to profit; gross profit declined $0.2M despite revenue growth
Risk Factors
- Gross margin compression from product mix shift to higher-cost vehicles
- Negative operating cash flow despite net income — working capital absorption continues
- Dependence on financing activities for cash; limited organic cash generation
- Decline in specialized oilfield equipment revenue (-53.89%) signals potential customer demand weakness in that segment
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302915863 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 6-K | $1.67 | awaiting T+20 | — | $1.53 (−8.38%) |
Oct 21, 2026 5d ago | Press Release | $1.67 | awaiting T+20 | — | $1.53 (−8.38%) |
Oct 21, 2026 5d ago | 20-F | $1.67 | awaiting T+20 | — | $1.53 (−8.38%) |
Oct 9, 2026 17d ago | 6-K | $1.08 | awaiting T+20 | — | $1.53 (+41.67%) |
Apr 14, 2026 27w ago | 6-K | $0.8160 $1.11 | ▲ +36.03% | ▲ +29.73% | $1.53 (+87.50%) |
US Market Status
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