AiRWA Inc. stock research
FY2026 Q1
AiRWA (YYAI) Gross Margin — Quarter Ended Jul 31, 2025
Revenue and gross profit were unchanged from the prior quarter, while gross margin held steady. Compared with the same quarter a year earlier, revenue and gross profit were lower, and gross margin weakened as cost of revenue remained unchanged.
Gross margin takeaway
Quarter ended Jul 31, 2025 · FY2026 Q1
Revenue and gross profit were unchanged from the prior quarter, while gross margin held steady. Compared with the same quarter a year earlier, revenue and gross profit were lower, and gross margin weakened as cost of revenue remained unchanged.
- The most observable margin driver was the decline in revenue relative to the same quarter last year, because cost of revenue did not change, causing gross margin to narrow.
- Compared with the immediately preceding quarter, all metrics were identical. Compared with the same quarter one year earlier, revenue and gross profit were lower, and gross margin weakened by a modest amount, while cost of revenue was unchanged.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
75.2%
Gross profit
$2.3M
Revenue
$3.0M
Cost of revenue
$744231
Quarter-over-quarter change
-0.0 pts
Year-over-year change
-2.1 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 |
|---|---|---|---|---|
| Oct 31, 2024 | $3.3M | $2.5M | $744231 | 77.3% |
| Jan 31, 2025 | $3.3M | $2.5M | $744231 | 77.3% |
| Apr 30, 2025 | $3.0M | $2.3M | $744230 | 75.2% |
| Jul 31, 2025 | $3.0M | $2.3M | $744231 | 75.2% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Apr 30, 2025
-0.0 pts
Year-over-year change
Jul 31, 2024
-2.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The most observable margin driver was the decline in revenue relative to the same quarter last year, because cost of revenue did not change, causing gross margin to narrow.
Compared with the immediately preceding quarter, all metrics were identical. Compared with the same quarter one year earlier, revenue and gross profit were lower, and gross margin weakened by a modest amount, while cost of revenue was unchanged.
Monitor the company’s ability to maintain revenue levels, given the unchanged cost base and the recent capital raised through a private placement and the availability of an ATM facility.