ETS revenueQ3 2026$766.4K
- Quarter YoY
- +20.9%
- QoQ
- +5.4%
ETS revenue was $766.4K in fiscal Q3 2026 (ended Aug 31, 2026), up 20.9% from a year earlier and up 5.4% from the prior quarter. For the full fiscal 2025 it was $2.67M.
Elite Express Holding Inc. (ETS) financials
For the twelve months ended Aug 31, 2026, Elite Express Holding Inc. reported $3.01M of revenue and -$5.09M of net income.
- Revenue, TTM
- $3.01M
- Net income, TTM
- -$5.09M
- Net margin
- -169.2%
- Free cash flow, TTM
- -$6.93M
- Cash
- $3.00M
- P/S
- 25.10
- Market cap
- $75.5M
ETS revenue and earnings growth
ETS net incomeQ3 2026-$760.1K
ETS net income was -$760.1K in fiscal Q3 2026 (ended Aug 31, 2026), compared with -$185.9K a year earlier. For the full fiscal 2025 it was -$2.19M.
ETS EPSQ3 2026-$0.02
ETS diluted EPS was -$0.02 in fiscal Q3 2026 (ended Aug 31, 2026). For the full fiscal 2025 it was -$0.16.
ETS free cash flowQ3 2026-$397.2K
ETS free cash flow was -$397.2K in fiscal Q3 2026 (ended Aug 31, 2026). For the full fiscal 2025 it was -$2.91M.
Income statement
| Line item | Nov 30, 2025 |
|---|---|
| Revenue | $2.67M |
| Cost of revenue | $2.65M |
| Gross profit | $18.2K |
| Research and development | $922.8K |
| Selling, general and admin | $1.60M |
| Operating income | -$2.50M |
| Pre-tax income | -$2.29M |
| Income tax | -$105.1K |
| Net income | -$2.19M |
| EPS, basic | -$0.16 |
| EPS, diluted | -$0.16 |
| Diluted shares | 14.0M |
Balance sheet
| Line item | Nov 30, 2025 |
|---|---|
| Cash and equivalents | $1.31M |
| Receivables | $72.6K |
| Current assets | $12.38M |
| Goodwill | $668.9K |
| Total assets | $13.71M |
| Current liabilities | $513.2K |
| Total liabilities | $513.2K |
| Shareholders' equity | $13.19M |
Cash flow
| Line item | Nov 30, 2025 |
|---|---|
| Operating cash flow | -$2.82M |
| Capital expenditures | $86.3K |
| Free cash flow | -$2.91M |
| Investing cash flow | -$10.09M |
| Financing cash flow | $14.04M |
Key ratios
| Line item | Nov 30, 2025 |
|---|---|
| Gross margin | 0.7% |
| Operating margin | -93.9% |
| Net margin | -82.0% |
| Free cash flow margin | -109.0% |
| Return on equity | -16.6% |
| Return on assets | -16.0% |
| Current ratio | 24.13 |
Income statement
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $766.4K | $726.8K | $805.3K | $709.7K | $633.9K | $630.3K | $692.1K |
| Cost of revenue | $670.7K | $645.8K | $647.9K | $683.9K | $627.0K | $612.2K | $724.5K |
| Gross profit | $95.8K | $81.0K | $157.4K | $25.8K | $6.8K | $18.0K | -$32.4K |
| Research and development | $0 | $2.15M | $0 | - | - | - | - |
| Selling, general and admin | $1.02M | $706.1K | $464.6K | $1.02M | $151.6K | $141.8K | $283.6K |
| Operating income | -$921.3K | -$2.78M | -$307.2K | -$1.92M | -$144.8K | -$123.8K | -$316.0K |
| Pre-tax income | -$760.1K | -$2.53M | -$108.5K | -$1.73M | -$142.5K | -$107.2K | -$311.3K |
| Income tax | $0 | $0 | $1.6K | -$42.5K | $43.3K | $400 | -$106.3K |
| Net income | -$760.1K | -$2.53M | -$110.1K | -$1.69M | -$185.9K | -$107.6K | -$205.0K |
| EPS, basic | -$0.02 | -$0.15 | -$0.01 | - | -$0.01 | -$0.01 | -$0.02 |
| EPS, diluted | -$0.02 | -$0.15 | -$0.01 | - | -$0.01 | -$0.01 | -$0.02 |
| Diluted shares | 47.3M | 16.7M | 16.7M | - | 13.3M | 12.9M | 16.9M |
Balance sheet
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $3.00M | $5.24M | $68.1K | $1.31M | $13.55M | $55.0K | $168.1K |
| Receivables | $76.6K | $58.7K | $84.4K | $72.6K | $55.4K | - | - |
| Current assets | $16.93M | $17.52M | $12.04M | $12.38M | $13.81M | - | - |
| Goodwill | $668.9K | $668.9K | $668.9K | $668.9K | $668.9K | - | - |
| Total assets | $18.17M | $18.79M | $13.35M | $13.71M | $15.19M | - | - |
| Current liabilities | $385.1K | $246.1K | $269.0K | $513.2K | $270.1K | - | - |
| Total liabilities | $385.1K | $246.1K | $269.0K | $513.2K | $312.7K | - | - |
| Shareholders' equity | $17.79M | $18.55M | $13.08M | $13.19M | $14.88M | $1.54M | $1.47M |
Cash flow
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$397.2K | -$3.10M | -$1.25M | -$2.18M | -$346.2K | $3.0K | -$297.1K |
| Capital expenditures | $0 | $0 | $6.4K | $6.4K | - | - | - |
| Free cash flow | -$397.2K | -$3.10M | -$1.26M | -$2.19M | - | - | - |
| Investing cash flow | -$1.90M | $300.0K | $43.6K | -$10.01M | - | - | - |
| Financing cash flow | $64.8K | $7.96M | -$35.4K | -$58.8K | $13.92M | -$116.1K | $295.0K |
Key ratios
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 20.9% | 15.3% | 16.3% | - | - | - | - |
| Gross margin | 12.5% | 11.1% | 19.5% | 3.6% | 1.1% | 2.9% | -4.7% |
| Operating margin | -120.2% | -381.8% | -38.2% | -270.4% | -22.8% | -19.6% | -45.7% |
| Net margin | -99.2% | -348.5% | -13.7% | -237.8% | -29.3% | -17.1% | -29.6% |
| Free cash flow margin | -51.8% | -426.0% | -155.9% | -308.0% | - | - | - |
| Current ratio | 43.97 | 71.20 | 44.75 | 24.13 | 51.13 | - | - |
Source: XBRL data Elite Express Holding Inc. files with the SEC, latest filing dated Oct 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
ETS peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| ETS | $3.01M | - | -$5.09M | -169.2% | $75.5M |
| UPS | $91.37B | +2.1% | $4.42B | 4.8% | $94.48B |
| ODFL | $5.79B | +3.8% | $1.16B | 20.1% | $35.21B |
| JBHT | $13.33B | +10.6% | $676.07M | 5.1% | $20.91B |
| ZTO | CN¥49.10B | +10.9% | CN¥9.08B | 18.5% | $15.90B |
| KNX | $8.00B | +7.0% | $153.34M | 1.9% | $10.00B |
| SAIA | $3.54B | +9.3% | $283.09M | 8.0% | $9.12B |
| TFII | $7.88B | -6.1% | $310.55M | 3.9% | $7.79B |
| SNDR | $5.95B | +6.0% | $141.70M | 2.4% | $5.07B |
ETS FAQ
7 questionsWhat is ETS revenue?
Elite Express Holding Inc. (ETS) reported $3.01M of revenue for the twelve months ended Aug 31, 2026. Revenue for fiscal 2025 was $2.67M.Is ETS profitable?
No. Elite Express Holding Inc. reported a net loss of $5.09M for the twelve months ended Aug 31, 2026.How much cash and debt does ETS have?
Elite Express Holding Inc. reported $3.00M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is ETS gross margin?
Elite Express Holding Inc.'s gross profit was $360.0K on $3.01M of revenue for the twelve months ended Aug 31, 2026, a gross margin of 12.0%.What is ETS free cash flow?
Elite Express Holding Inc. generated -$6.93M of free cash flow for the twelve months ended Aug 31, 2026, which is operating cash flow of -$6.92M less capital expenditures.When did ETS last report financial results?
The latest statements here come from Elite Express Holding Inc.'s 10-Q filed on Oct 14, 2026, covering the period ended Aug 31, 2026.Where does this ETS financial data come from?
Quantisnow builds these statements from the structured XBRL data Elite Express Holding Inc. files with the SEC. It is provided for information only and is not investment advice.