What changed
Q4 FY26 GAAP EPS of $0.50 rose 51.5% YoY from $0.33, including ~$0.09 from net tariff refunds. Revenue increased 10.0% to a quarterly record $55.8M vs $50.7M. Gross margin expanded to 61.3% from 52.8%, aided by ~600 bps from tariff refunds. Recurring service revenue grew 12.9% to $25.3M with over 90% gross margin.
Why it matters
Q4 FY26 GAAP EPS of $0.50 rose 51.5% YoY from $0.33, including ~$0.09 from net tariff refunds. Revenue increased 10.0% to a quarterly record $55.8M vs $50.7M. Gross margin expanded to 61.3% from 52.8%, aided by ~600 bps from tariff refunds. Recurring service revenue grew 12.9% to $25.3M with over 90% gross margin.