LOS ANGELES, Oct. 7, 2025 – AXIL Brands, Inc. (NYSE American: AXIL) announced its first‑quarter fiscal 2026 financial results, reporting revenue of $26.3 million, a 17% year‑over‑year increase, and net income of $0.3 million versus a $0.1 million loss in the same quarter of fiscal 2025. Adjusted EBITDA rose $0.6 million to $2.4 million, and diluted earnings per share improved to $0.04 from a loss of $0.02. Operating expenses were flat year‑over‑year and fell to 62% of sales from 73% in the prior year period, reflecting disciplined cost management amid a stronger revenue mix.
The company highlighted a shift in its channel mix, noting that initial shipments to a new national membership‑based retail chain drove a 25% revenue growth from AXIL‑branded hearing products. This retail expansion is expected to provide higher operating leverage than the company’s historically dominant e‑commerce channel, as the retail mix offers greater profitability and lower marketing costs per unit sold.
AXIL also reported progress in its hair and skin‑care segment, announcing new leadership appointments and a partnership with Chatters, Canada’s premier salon chain. The partnership, coupled with the recent hiring of a senior contractor to lead growth initiatives, signals a strategic push to unlock value in the Reviv3 Procare brand and broaden its professional‑beauty footprint.
The press release noted that inventory levels increased in anticipation of the new retail channel and an initial purchase order from the national chain, with cash balances at $4.1 million. AXIL plans to launch the next‑generation GS Extreme 3.0 product line in time for the holiday season, further expanding its product roadmap and potential revenue streams.
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