AiRWA Inc. stock research
FY2026 Q3
AiRWA (YYAI) Gross Margin & Quarterly History
Explore AiRWA Inc. (YYAI) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Jan 31, 2026 · FY2026 Q3
Revenue increased compared to both the prior quarter and the same quarter last year. However, cost of revenue rose substantially more, resulting in lower gross profit and a weakened gross margin.
- The most observable driver of the margin change is the sharp increase in cost of revenue relative to revenue. The company's management discussion notes that revenue growth was supported by expansion of its advertising business, while the filing does not specify the cause of the cost increase.
- Compared to the immediately preceding quarter, revenue was higher, gross profit was lower, cost of revenue was higher, and gross margin weakened. The same pattern holds when compared to the same quarter one year earlier.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
5.6%
Gross profit
$391308
Revenue
$7.0M
Cost of revenue
$6.6M
Quarter-over-quarter change
-69.6 pts
Year-over-year change
-71.6 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Apr 30, 2025 | $3.0M | $2.3M | $744230 | 75.2% |
| Jul 31, 2025 | $3.0M | $2.3M | $744231 | 75.2% |
| Oct 31, 2025 | $3.0M | $2.3M | $744231 | 75.2% |
| Jan 31, 2026 | $7.0M | $391308 | $6.6M | 5.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Oct 31, 2025
-69.6 pts
Year-over-year change
Jan 31, 2025
-71.6 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The most observable driver of the margin change is the sharp increase in cost of revenue relative to revenue. The company's management discussion notes that revenue growth was supported by expansion of its advertising business, while the filing does not specify the cause of the cost increase.
Compared to the immediately preceding quarter, revenue was higher, gross profit was lower, cost of revenue was higher, and gross margin weakened. The same pattern holds when compared to the same quarter one year earlier.
Monitor the trend in cost of revenue, as its movement relative to revenue will be critical for future gross margin performance.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| AiRWA Inc. (YYAI) | 5.6% |