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ATCH · 10-Q filed May 13, 2026

ATCH earnings analysis

What we found in ATCH's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.

Our reading of the filing · Free to read, no account needed

AtlasClear Holdings reported a strong Q3 2026 with total revenues of $4,201,852, marking a significant 65% increase from the prior period. While the company maintained a high gross margin of 100%, it experienced a sharp increase in total expenses leading to a net loss of $1,930,884, an improvement compared to the previous year. Management expressed optimism regarding upcoming acquisitions and growth strategies, despite ongoing operational losses.

What stood out

The parts that mattered.

Pulled out of the filing itself, with the figures the company reported.

Revenues Increase 65% YoY
Total revenues reached $4,201,852 compared to $2,543,103 in Q3 2025.
Net Loss Reduced
Net loss narrowed to $1,930,884 from a loss of $2,902,828 year-over-year.
High Gross Margin Maintained
The company sustained a gross margin of 100% despite increases in operating expenses.
Significant Growth in Stock Locate Fees
Stock locate fees were recognized as a new revenue stream, contributing $1,360,178 this quarter.
Operational Investment Increases
Total expenses rose by 97% to $7,134,711 from $3,615,277 in Q3 2025, driven by increased personnel costs.
Other Income Turnaround
Other income improved to $806,421 in Q3 2026 from a loss of $2,134,866 a year prior.
What to watch

And the other side of it.

The offsets in the same document — the things a summary that only listed the good news would have left out.

High Operating Losses
Operating loss grew to $(2,932,859) from $(1,072,174) year-over-year.
Increased Debt Obligations
The total debt increased following new financing agreements, potentially straining liquidity.
Pending Acquisition Risks
The proposed acquisition of Ark may not be completed, which could hinder growth plans.
The numbers

What they reported.

What the company itself reported, taken out of the document.

What survived to operating profit
Of every $100 of revenue Cost of sales $0 Operating expenses $170 Left as operating profit $-70
Percentages of revenue, taken from the filing. Drawn this way because it holds whatever scale the company reports in.
Earnings per share
$-0.23
Gross margin
100%
Operating margin
-69.8%
Guidance

What they said about what is next.

Outlook deferred to earnings press release / call.

How we read the filing overall

The filing reads about the same as the one before it.

One reading of one document. It is not advice, and it is not a forecast.
Earlier filings

What came before.

10-Q · February 13, 2026
AtlasClear reported Q2 (three months ended Dec 31, 2025) revenue of $5,057,094, up $2,310,595 (+84.1%) vs $2,746,499 a year ago, and reported net income of $6,784,171 (basic/diluted EPS $0.05). Revenue growth was driven…
10-Q · November 14, 2025
AtlasClear reported quarterly revenue of $4,250,590, up from $2,804,082 a year ago (+$1,446,508, +51.6%), driven by higher commissions and a large increase in 'other' revenue. The company posted a net loss of $440,294…
10-K · September 29, 2025
AtlasClear positions itself as a fintech-led, integrated clearing/custody and banking platform targeting underserviced smaller financial firms and plans growth through integration of Wilson‑Davis, Quantum and an…
10-Q · May 15, 2025
Q3 (three months ended March 31, 2025) showed strong year-over-year top-line growth — revenue rose to $2,543,103 from $1,270,684 — but the company remains unprofitable at the operating and net levels for the quarter and…

This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.

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