Jerash Holdings Reports Significantly Improved Financial Results For Fiscal 2026 Third Quarter

About this update from Jerash Holdings (us), Inc.

FAIRFIELD, NEW JERSEY / ACCESS Newswire / February 9, 2026 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced significantly improved financial results for its fiscal 2026 third quarter ended December 31, 2025.Fiscal 2026 Third Quarter HighlightsRevenue increased 18.0 percent to $41.8 million, from $35.4 million in the prior year quarter.Gross margin improved 170 basis points to 16.9 percent, from 15.2 percent in the prior year quarter.Operating income nearly tripled to $1.9 million, from $708,000 in the prior year quarter.Net income improved to $1.2 million, from $6,000 in the prior year quarter.OutlookRevenue for the fiscal 2026 fourth quarter is expected to increase by 23 to 26 percent over $29.3 million in the prior-year quarter, positioning fiscal 2026 for record annual revenue.Gross margin for the fiscal 2026 fourth quarter is anticipated to be approximately 14 to 16 percent."Jerash's fiscal 2026 third quarter results reflect increasing demand from our long-standing core global brand customers, complemented by the initial contributions from our new strategic partner in Korea, which together drove meaningful improvements across both the top and bottom lines," said Sam Choi, Jerash's chairman and chief executive officer. "With our new customers, we expect strong revenue growth that exceeds our current manufacturing capacity, which reinforces our decision to expand operations to meet demand."We are thrilled with the recently announced acquisition of a bank-owned manufacturing building and associated land, which represents a significant milestone in advancing Jerash's business growth strategy for the next five years. Upon completion of renovations by the end of this calendar year, the new manufacturing building is expected to increase production capacity by at least 40 percent, substantially enhancing our ability to support increasing demand, as we continue to expand and diversify customer base and product mix."This expansion improves our operational flexibility and supports efficient scaling, while maintaining the quality and cost discipline our customers expect. As order volumes continue to grow for new and expanded product offerings, we remain focused on driving further gross margin improvement," Choi added.Fiscal...

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