6 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $70M | $3M | 24.7% | 6.5% | $6M | $5M | $5M |
| 2025 | $70M | — | 23.8% | -41.0% | -$2M | $8M | $3M |
| 2024 | $73M | — | 29.8% | 4.1% | -$6M | $8M | $2M |
| 2023 | $53M | $2M | 25.7% | 4.4% | $511000 | $2M | $1M |
| 2022 | — | $10M | — | — | — | — | — |
| 2021 | — | -$3M | — | — | — | — | $503204 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $20M | — | 26.0% | 4.7% | $2M | $5M | $5M |
| Dec '25 | $17M | $1M | 19.1% | 4.4% | $2M | $4M | $3M |
| Sep '25 | $17M | $369000 | 28.9% | 11.4% | $653000 | $5M | $2M |
| Jun '25 | $15M | $2M | 24.6% | 5.3% | $1M | $7M | $2M |
| Mar '25 | $19M | — | 26.7% | -16.3% | $752000 | $8M | $3M |
| Dec '24 | $18M | $3M | 23.0% | -29.3% | -$2M | $8M | $2M |
| Sep '24 | $17M | -$2M | 21.2% | -24.3% | $1M | $6M | $4M |
| Jun '24 | $17M | -$15M | 24.1% | -98.5% | -$2M | $8M | $4M |
| Mar '24 | $20M | — | 32.1% | -0.0% | -$5M | $8M | $2M |
| Dec '23 | $19M | -$17M | 32.0% | 3.9% | -$2M | $7M | $7M |
| Sep '23 | $18M | $927000 | 27.4% | 8.5% | $810000 | — | — |
| Jun '23 | $16M | $494000 | 27.2% | 4.8% | -$157000 | — | — |
| Mar '23 | $15M | -$2M | 28.6% | 5.9% | -$419000 | $2M | $1M |
| Dec '22 | $13M | -$315000 | 18.3% | 2.3% | — | — | — |
| Sep '22 | — | -$222000 | — | — | — | — | — |
| Jun '22 | — | $1M | — | — | — | — | — |
| Mar '22 | — | $4M | — | — | — | — | — |
| Dec '21 | — | -$3M | — | — | — | — | $503204 |
| Sep '21 | — | -$375 | — | — | — | — | $265 |
| Jun '21 | — | -$31101 | — | — | — | — | — |
How the market has priced AERT against its own fundamentals since 2023-11 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Aeries Technology, Inc.'s revenue has grown 9.7% per year. These are computed facts, not advice.
As of FY2026, Aeries Technology, Inc. reported $5M of total debt against $5M of cash; operating income covered interest expense 9.8×.
In FY2026, gross margin was 24.7%, operating margin 6.5%, and net margin 4.0%.
As of Jun '26, Aeries Technology, Inc. traded at a price-to-earnings ratio of about 127.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.