Jerash Holdings (US), Inc. (JRSH) Income Statement

NASDAQ: JRSHRevenue, profits, margins and EPS over 10 years.

JRSH FY2026 at a glance

Fiscal year ended March 31, 2026 · U.S. dollars
Revenue+14.0%
$166.3M
FY2026 · hover or tap a bar for each year
FY2017: $62.0M (+18.0%)FY2018: $69.3M (+11.7%)FY2019: $85.0M (+22.6%)FY2020: $93.0M (+9.5%)FY2021: $90.2M (−3.0%)FY2022: $143.4M (+58.9%)FY2023: $138.1M (−3.7%)FY2024: $117.2M (−15.1%)FY2025: $145.8M (+24.4%)FY2026: $166.3M (+14.0%)
FY2017FY2026
Gross profit+20.0%
$26.8M
FY2026 · hover or tap a bar for each year
FY2017: $15.4M (+21.8%)FY2018: $18.0M (+16.6%)FY2019: $18.8M (+4.6%)FY2020: $18.0M (−4.2%)FY2021: $16.0M (−11.0%)FY2022: $27.3M (+70.8%)FY2023: $21.8M (−20.3%)FY2024: $16.9M (−22.4%)FY2025: $22.3M (+32.0%)FY2026: $26.8M (+20.0%)
FY2017FY2026
Operating income+337.3%
$6.3M
FY2026 · hover or tap a bar for each year
FY2017: $10.7M (+17.9%)FY2018: $11.8M (+10.6%)FY2019: $6.3M (−46.4%)FY2020: $7.7M (+20.7%)FY2021: $5.4M (−29.7%)FY2022: $10.5M (+94.7%)FY2023: $4.4M (−57.9%)FY2024: −$664,955 (−115.1%)FY2025: $1.4MFY2026: $6.3M (+337.3%)
FY2017FY2026
Net income
$3.5M
FY2026 · hover or tap a bar for each year
FY2017: $10.7M (+17.8%)FY2018: $10.4M (−2.6%)FY2019: $5.1M (−50.9%)FY2020: $6.5M (+26.7%)FY2021: $4.1M (−35.9%)FY2022: $7.9M (+90.8%)FY2023: $2.4M (−69.4%)FY2024: −$2.0M (−182.9%)FY2025: −$848,369FY2026: $3.5M
FY2017FY2026
EPS (diluted)
$0.28
FY2026 · hover or tap a bar for each year
FY2017: $0.32 (−53.6%)FY2018: $0.50 (+56.2%)FY2019: $0.41 (−18.0%)FY2020: $0.56 (+36.6%)FY2021: $0.37 (−33.9%)FY2022: $0.68 (+83.8%)FY2023: $0.19 (−72.1%)FY2024: −$0.16 (−184.2%)FY2025: −$0.07FY2026: $0.28
FY2017FY2026
Net profit margin+2.7 pts
2.1%
FY2026 · hover or tap a point for each year
FY2017: 17.2% (−0.0 pts)FY2018: 15.0% (−2.2 pts)FY2019: 6.0% (−9.0 pts)FY2020: 7.0% (+0.9 pts)FY2021: 4.6% (−2.4 pts)FY2022: 5.5% (+0.9 pts)FY2023: 1.8% (−3.8 pts)FY2024: −1.7% (−3.5 pts)FY2025: −0.6% (+1.1 pts)FY2026: 2.1% (+2.7 pts)
FY2017FY2026

JRSH revenue and net income

RevenueNet incomeNet margin (right axis)

Where JRSH's revenue goes

FY2026
Revenue
$166.3M100.0%
Cost of revenue
−$139.5M−83.9%
Gross profit
$26.8M16.1%
Sales, general & admin
−$20.5M−12.3%
Operating income
$6.3M3.8%
Interest & other expense
−$1.6M−1.0%
Income taxes
−$1.1M−0.7%
Net income
$3.5M2.1%

Each bar shows an amount and its share of revenue. JRSH kept 2.1% of revenue as net income.

JRSH profit margins

GrossOperatingNet

JRSH growth rates

to FY2026
1 year3 years5 years10 years
Revenue+14.0%+6.4%+13.0%+12.2%
Gross profit+20.0%+7.1%+10.9%+7.8%
Operating income+337.3%+12.7%+3.3%−3.5%
Net income—+13.5%−3.1%−9.0%
EPS (diluted)—+13.8%−5.4%−8.6%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

JRSH quarterly EPS vs estimates

Reported EPSAnalyst estimate

Jerash beat the analyst EPS estimate in 5 of the last 7 quarters. Next report: November 11, 2026 (estimate $0.11).

JRSH income statement

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue$166.3M$145.8M$117.2M$138.1M$143.4M$90.2M$93.0M$85.0M$69.3M$62.0M
Cost of revenue$139.5M$123.5M$100.3M$116.3M$116.0M$74.2M$75.0M$66.2M$51.3M$46.6M
Gross profit$26.8M$22.3M$16.9M$21.8M$27.3M$16.0M$18.0M$18.8M$18.0M$15.4M
Research & development————————$0—
Sales, general & admin$20.5M$20.9M$17.6M$17.4M$16.8M$10.6M$10.3M$12.4M$6.1M$4.7M
Total operating expenses$20.5M$20.9M$17.6M$17.4M$16.8M$10.6M$10.3M$12.4M$6.1M$4.7M
Operating income$6.3M$1.4M−$664,955$4.4M$10.5M$5.4M$7.7M$6.3M$11.8M$10.7M
Interest expense$1.6M$1.7M$1.2M$768,131$210,576$109,598$2.0M$0$0$0
Income before taxes$4.7M$151,191−$1.4M$4.1M$10.4M$5.5M$7.6M$6.4M$11.8M$10.6M
Income taxes$1.1M$991,120$672,495$1.7M$2.5M$1.3M$1.2M$1.3M$1.4M−$44,608
Net income$3.5M−$848,369−$2.0M$2.4M$7.9M$4.1M$6.5M$5.1M$10.4M$10.7M
EBITDA$10.0M$5.1M$3.1M$8.3M$13.6M$7.9M$9.7M$7.6M$13.1M$12.0M
EPS (diluted)$0.28−$0.07−$0.16$0.19$0.68$0.37$0.56$0.41$0.50$0.32
Gross margin16.1%15.3%14.4%15.8%19.1%17.7%19.3%22.1%25.9%24.8%
Operating margin3.8%1.0%−0.6%3.2%7.3%6.0%8.2%7.5%17.1%17.2%
Net margin2.1%−0.6%−1.7%1.8%5.5%4.6%7.0%6.0%15.0%17.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in JRSH's financial statements (latest annual report filed June 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

JRSH financial results

In fiscal year 2026 (ended March 31, 2026), Jerash reported revenue of $166.3 million, up 14.0% from the year before. It had net income of $3.5 million, a net profit margin of 2.1%. Diluted earnings per share came to $0.28. Over five years revenue grew at an average rate of 13.0% a year.

See the JRSH stock overview for the latest quote and news, or the JRSH chart for price history and technical indicators.

JRSH income statement FAQ

What is Jerash's annual revenue?

Jerash reported total revenue of $166.3 million for fiscal year 2026, which ended on March 31, 2026. That was up 14.0% from $145.8 million the previous year.

Is Jerash profitable?

Yes. Jerash reported net income of $3.5 million in fiscal 2026, a net profit margin of 2.1%; its operating margin was 3.8%.

What is Jerash's gross margin?

Jerash's gross margin was 16.1% in fiscal 2026: for every $100 of revenue, Jerash kept $16 after the direct cost of its products and services.

How fast is Jerash growing?

Revenue grew 13.0% a year on average over the last five fiscal years, from $90.2 million to $166.3 million.

What are Jerash's earnings per share?

Jerash earned $0.28 per diluted share in fiscal 2026, compared with $-0.07 a year earlier.

When will Jerash report its next earnings?

Jerash is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 before the market opens.

When does Jerash's fiscal year end?

Jerash's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 18, 2026.

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