TRAK earnings analysis
What we found in TRAK'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
ReposiTrak, Inc. reported a slight decrease in revenue for Q3 2026 compared to the previous year, with total revenue of $5,883,198, reflecting a 1% decline. However, the company saw an increase in earnings per share (EPS) to $0.11, surpassing expectations and indicating improved profitability despite overall lower revenues.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Increase in EPS
- Reported EPS for Q3 2026 was $0.11, a 22.22% surprise compared to $0.09 estimate.
- Decrease in Costs
- Cost of services decreased by 12% to $803,353 for Q3 2026, improving margins.
- Year-over-Year Revenue Increase
- Total revenue for nine months ended Mar 31, 2026 was $17,711,476, up 5% from last year.
- Decreased Preferred Dividends
- Preferred dividends decreased by 60% to $34,285 due to stock redemptions.
- Stable Cash Position
- Cash and cash equivalents were $26,409,558, down 8% from previous period due to note receivable.
- Sustained Cash Flow
- Net cash provided by operating activities was $5,860,138, reflecting strong cash generation.
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.
- Decreased Revenue
- Q3 2026 revenue decreased by 1% from $5,913,732 in Q3 2025.
- Rising Accounts Receivable
- Increase in accounts receivable led to a decrease in operating cash flow by 13% year-over-year.
- Investing Cash Outflows
- Net cash used in investing activities was -$3,051,666, a significant drop from prior year.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.11
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 10-Q · February 17, 2026
- ReposiTrak reported Q2 revenue of $5,856,811, up $365,903 (6.7%) versus $5,490,908 in the prior-year quarter, driven by recurring subscription revenue of $5,715,651. Operating income rose to $1,816,933 (operating margin…
- 10-Q · February 12, 2025
- ReposiTrak reported quarterly revenue of $5,490,908 (up $365,157 or ~7.1% vs. $5,125,751 year-ago) and diluted/basic EPS of $0.08 (up $0.01 vs. $0.07). Operating income rose to $1,352,051 (operating margin ~24.6%) and…
- 10-K · September 30, 2024
- ReposiTrak, Inc. reported strong performance in their fiscal year 2024, with net income increasing to $5,958,290 from $5,590,289 in 2023. The company's focus on compliance and traceability within the food supply chain…
- 10-Q · February 14, 2024
- ReposiTrak (formerly Park City Group) reported Q2 revenue of $5,125,751, up $375,238 (+7.9%) versus prior year Q2 revenue of $4,750,513, and diluted EPS of $0.07 versus $0.06 a year ago. Gross margin remained high at…
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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