AXIL Brands posts 48.9% Q4 revenue growth, raises cash
AXIL Brands reported Q4 2026 net revenues of $8.6 million, up 48.9% year over year, with gross margin at 72% and full-year sales above $30 million.
AXIL Brands (AMEX: AXIL ) released fourth-quarter financial results and hosted an earnings call on Tuesday.
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View the webcast at Summary AXIL Brands reported a 48.9% increase in net revenues for Q4 2026 to $8.6 million and a full-year sales growth of 17.5%, surpassing $30 million.
Gross margin expanded to 72% in Q4, with full-year net income at $2.7 million, up 216% from fiscal 2025.
The company transitioned from a direct-to-consumer model to a multi-channel platform, securing new retail partnerships with major retailers, contributing to significant revenue growth.
Operational highlights include the launch of several new hearing protection products and a 200% increase in retail store presence to 6,000 locations.
AXIL ended the year with $7.4 million in cash as of mid-August 2027, maintaining a debt-free status and emphasizing financial flexibility for continued growth.
Management expressed optimism about fiscal 2027, focusing on expanding retail channels and introducing the next generation of its Xcore wireless earbud line.
The company achieved significant operating leverage, with operating expenses growing only 5.3% against a 17.5% increase in revenue.
AXIL's strategic focus on marketing and R&D is expected to drive future growth, with the upcoming Xcore 2 product line anticipated as a major revenue driver.
Full Transcript OPERATOR Greetings and welcome to the AXIL Brands fiscal year 2026 financial results.
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I would now like to turn the conference over to Peter Seltzberg, Vice President, Investor Relations.
Thank you, Peter.
You may begin.
Peter Seltzberg, Vice President, Investor Relations Good afternoon and thank you for joining us for AXIL Brands' fourth quarter and fiscal year 2026 financial update and earnings conference call.
I'm Peter Seltzberg, working with the team here at AXIL.
We're all indeed quite pleased to take the next step with our disclosure and engagement platform and to launch quarterly conference calls for our shareholders.
Presenting on behalf of management today are Jeff Tahrai, AXIL's Chief Executive Officer, and Jeff Brown, AXIL's Chief Financial Officer.
Before we begin, I'd like to remind everyone that certain statements made during today's call may constitute forward-looking statements and are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Please refer to our filings with the SEC for discussion of these risks and other important factors, as well as an explanation of any non-GAAP items that we may refer to in today's press release and on this call.
Without further ado, I'll turn the call over to Jeff.
Go ahead, please.
Jeff Tahrai, Chief Executive Officer Thanks, Peter.
Good afternoon, everyone.
Today I'm pleased to welcome you to AXIL's first public quarterly earnings conference call.
Consistent with our increased engagement with the investment community over the past year, we are holding this call and plan to do so each quarter going forward.
With the scale and visibility we have now reached, we believe these updates will be of benefit to our shareholders, potential investors, and all stakeholders.
We hope that these calls will give us an opportunity to communicate what's driving our success and help stakeholders better understand our progress, strategy, and the milestones that lie ahead.
We are working towards building a world-class brand and product platform that we believe offers a unique growth opportunity for investors in our company.