For fiscal 2026 (ended Mar 31, 2026), TOP Financial Group Limited reported $4.72M of revenue and -$1.17M of net income.
TOP revenue was $2.21M in fiscal Q2 2027 (ended Sep 30, 2026), up 43.9% from a year earlier and up 105.3% from the prior quarter. For the full fiscal 2026 it was $4.72M, up 41.9% from fiscal 2025. Compound annual growth was -22.5% over 5 years. It rose in 3 of the last 6 fiscal years.
TOP net income was $274.3K in fiscal Q2 2027 (ended Sep 30, 2026), up 162.3% from a year earlier. For the full fiscal 2026 it was -$1.17M, compared with -$5.97M in fiscal 2025.
TOP diluted EPS was $0.00 in fiscal Q2 2027 (ended Sep 30, 2026). For the full fiscal 2026 it was -$0.03, compared with -$0.16 in fiscal 2025.
TOP free cash flow was -$8.43M in fiscal Q2 2027 (ended Sep 30, 2026). For the full fiscal 2026 it was $13.12M, compared with -$14.47M in fiscal 2025.
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.72M | $3.33M | $8.04M | $9.70M | $8.61M | $16.91M | $16.50M |
| Operating income | -$1.18M | -$5.82M | - | - | - | - | - |
| Pre-tax income | - | -$5.82M | $987.8K | $3.43M | $3.58M | $5.12M | $2.60M |
| Income tax | -$1.8K | $146.1K | -$63.7K | $31.5K | $88.6K | $70.8K | $58.4K |
| Net income | -$1.17M | -$5.97M | $1.05M | $3.40M | $3.49M | $5.04M | $2.54M |
| EPS, basic | -$0.03 | -$0.16 | $0.03 | $0.10 | $0.12 | $0.17 | $0.08 |
| EPS, diluted | -$0.03 | -$0.16 | $0.03 | $0.10 | $0.12 | $0.17 | $0.08 |
| Diluted shares | 37.1M | 37.0M | 32.3M | 34.2M | 30.0M | 30.0M | 30.0M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $12.99M | $15.17M | $38.70M | $15.97M | $7.96M | $6.84M | $4.86M |
| Receivables | $11.75M | $12.31M | $4.65M | - | - | - | - |
| Goodwill | $26.2K | - | - | - | - | - | - |
| Total assets | $86.06M | $46.80M | $57.64M | $40.28M | $13.88M | $10.26M | - |
| Total debt | $637.8K | - | - | - | - | - | - |
| Total liabilities | $51.81M | $11.91M | $17.11M | $4.33M | $3.69M | $3.51M | - |
| Shareholders' equity | $33.94M | $34.89M | $40.53M | $35.95M | $10.20M | $6.75M | $6.43M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $14.02M | -$14.47M | $17.76M | -$6.03M | $1.58M | $4.33M | -$938.3K |
| Capital expenditures | $899.5K | $3.2K | $6.1K | $86.4K | - | - | - |
| Free cash flow | $13.12M | -$14.47M | $17.75M | -$6.12M | - | - | - |
| Investing cash flow | $1.28M | -$9.36M | -$1.28M | -$6.54M | -$413.9K | -$16.3K | - |
| Financing cash flow | $990.8K | - | $4.39M | $22.50M | - | -$2.33M | -$582.0K |
| Dividends paid | - | - | - | - | - | $5.20M | - |
| Stock-based compensation | $60.2K | $72.2K | $48.6K | $50.1K | - | - | - |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 41.9% | -58.6% | -17.1% | 12.6% | -49.1% | 2.5% | - |
| Net income growth, YoY | - | - | -69.1% | -2.7% | -30.8% | 98.7% | - |
| EPS growth, YoY | - | - | -70.0% | -16.7% | -29.4% | 112.5% | - |
| Operating margin | -24.9% | -174.9% | - | - | - | - | - |
| Net margin | -24.8% | -179.3% | 13.1% | 35.0% | 40.5% | 29.8% | 15.4% |
| Free cash flow margin | 277.8% | -434.8% | 220.9% | -63.1% | - | - | - |
| Return on equity | -3.4% | -17.1% | 2.6% | 9.5% | 34.2% | 74.7% | 39.5% |
| Return on assets | -1.4% | -12.8% | 1.8% | 8.4% | 25.2% | 49.1% | - |
| Debt to equity | 0.02 | - | - | - | - | - | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Revenue | $2.21M | $1.08M | $1.54M | $1.33M |
| Operating income | $274.3K | -$387.0K | $104.5K | $86.0K |
| Income tax | $83 | -$273.2K | - | - |
| Net income | $274.3K | -$113.7K | $104.5K | $86.0K |
| EPS, basic | $0.00 | -$0.02 | $0.01 | $0.01 |
| EPS, diluted | $0.00 | -$0.02 | $0.01 | $0.01 |
| Diluted shares | 103.8M | 7.5M | 7.4M | 7.4M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and equivalents | $8.90M | $10.41M | $23.57M | $22.05M |
| Receivables | $99.71M | $81.18M | - | - |
| Goodwill | $26.2K | $26.2K | - | - |
| Total assets | $171.56M | $158.41M | - | - |
| Total debt | $637.2K | $637.6K | - | - |
| Total liabilities | $54.25M | $121.41M | - | - |
| Shareholders' equity | $117.01M | $37.00M | $34.95M | $34.84M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Operating cash flow | -$8.42M | $6.03M | $4.19M | $7.14M |
| Capital expenditures | $6.8K | $3.1K | - | - |
| Free cash flow | -$8.43M | $6.03M | - | - |
| Investing cash flow | -$3.14M | $7.82M | -$2.61M | -$229.8K |
Source: XBRL data TOP Financial Group Limited files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
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.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| TOP | $4.72M | +41.9% | -$1.17M | -24.8% | $1.64B |
| MS | $80.16B | +16.2% | $20.45B | 25.5% | $284.96B |
| GS | $69.70B | +18.7% | $22.17B | 31.8% | $249.73B |
| BLK | $28.54B | +24.7% | $6.91B | 24.2% | $182.05B |
| SCHW | $26.02B | +20.3% | $10.10B | 38.8% | $158.22B |
| CME | $6.97B | +9.0% | $4.43B | 63.5% | $109.49B |
| ICE | $14.05B | +12.1% | $4.16B | 29.6% | $96.27B |
| HOOD | $5.08B | +20.9% | $1.98B | 39.0% | $72.86B |
| NDAQ | $9.15B | +11.5% | $2.08B | 22.8% | $59.44B |