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Aeries Technology, Inc. (AERT) stock

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NASDAQ: AERT Nasdaq IT Consulting & Other Services Next results ~November 9, 2026

Aeries Technology, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Aeries Technology, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 2 selling1 purchase and 2 sales by directors and officers, last 12 monthsInsider trades
  • Funds4 adding, 0 cuttingOf 1 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Aeries Technology files

Where Aeries Technology stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $77m, up 11.2% on a year earlier, against a decline of 0.3% a quarter earlier. Free-cash-flow margin rose to 11.9% from 1.0% a year earlier. Operating margin widened to 9.2% from -16.7%. It passes 4 of our 5 financial-health checks.

Our model value for Aeries Technology is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Aeries Technology, Inc.'s trailing-twelve-month revenue grew 11.2% year on year, with a free-cash-flow margin of 11.9%.

Current signal Revenue growth accelerating: TTM revenue growth rose to 11.2% (+11.5pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 11.5 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 26.0 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Volatile shares. Over the past year the shares showed annualised volatility of 110% and a beta of 1.2 against the S&P 500.

Latest results: FY2027 Q1

Filed August 10, 2026
Revenue
$22m, up 43.0% on a year earlier
Share reaction
+0.4% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500

Aeries Technology's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.6%
  • 1 week-3.8%
  • 1 month-18.1%
  • This year+47.0%
  • 1 year+16.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$76.6M
Operating margin
9.2%
Net margin
4.5%
EPS (TTM, diluted)
$0.59

Growth

Revenue growth
+11.2%
Change in growth rate
+11.5 pts

Cash

Free cash flow (TTM)
$9.1M
FCF margin
11.9%
Stock pay % of revenue
1.3%

Earnings

Last results
August 10, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Aeries Technology, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

Valuation multiples over time Market data may be delayed

At fiscal year end 202420252026
Share price$20.56$4.64$2.50
Market value$319m$200m$121m
+ Net debt (− = net cash)$8m$6m$1m
Enterprise value$327m$206m$122m
Multiples
Price / sales 4.4x2.8x1.7x
Price / earnings 20.4x—42.7x
Price / free cash flow ——21.4x
EV / EBITDA 75.3x—22.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Aeries Technology, Inc.: too few analysts cover it.

Positioning

Short interest
0.3%
of tradable shares
Days to cover
0.18
at average volume
Short interest, 1 month
−70%
to October 15, 2026
Held by institutions
5%
of shares
Held by insiders
86.7%
of shares
Employees
1,692
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +16.2%

$5.22 on October 31, 2025 to $6.07

ThenNowEffect
Revenue (last 12 months) $69m $77m +11.2%
P/S multiple 0.4x 0.5x +12.6%
Share count 6m 6m −7.3%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
AERT+5%−76%−63%−45%+47%
Industry peers (median)−35%+8%+24%−22%−16%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
AERT83%75%42%25%55%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
AERT−1%−85%−79%−61%−52%
S&P 500−25%−10%−8%−19%−9%

Worst fall since December 17, 2021: 97% from October 24, 2023 to February 24, 2026. Getting back needed a 3740% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$2.29 – $7.83
From 52-week high
−22.4%
vs 50-day average
−10.1%
vs 200-day average
+10.6%
Volatility (1 year)
110%
Beta vs S&P 500
1.20

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±5.6%
After a week
4 up, 8 down
typical move ±8.9%
After a month
3 up, 9 down
typical move ±17.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 +0.4% −0.3% −2.7% −4.7%
June 8, 2026 +1.2% −0.1% −14.2% +15.1%
February 9, 2026 +0.5% +0.2% +4.0% −13.7%
November 10, 2025 −2.9% +1.8% +0.5% −10.2%
August 14, 2025 +42.9% −0.2% +12.7% −13.3%
July 3, 2025 −9.8% 0.0% −11.9% −27.9%
July 2, 2025 −3.4% +1.2% −6.4% −27.4%
July 1, 2025 0.0% +0.4% −12.3% −28.1%
February 14, 2025 +1.9% +0.3% −6.4% +20.5%
November 19, 2024 −1.6% +0.4% −20.6% −43.7%
February 21, 2024 −0.4% +2.2% −8.7% −4.2%
November 30, 2023 +2.6% +1.0% +6.5% +6.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Aeries Technology, Inc.
$60M $65M $70M $75M $80M FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue (TTM), FY24 Q2: $61.7M Revenue (TTM), FY24 Q3: $67.9M Revenue (TTM), FY24 Q4: $72.5M Revenue (TTM), FY25 Q1: $72.8M Revenue (TTM), FY25 Q2: $72.1M Revenue (TTM), FY25 Q3: $70.9M Revenue (TTM), FY25 Q4: $70.2M Revenue (TTM), FY26 Q1: $68.9M Revenue (TTM), FY26 Q2: $69.3M Revenue (TTM), FY26 Q3: $69.2M Revenue (TTM), FY26 Q4: $70M Revenue (TTM), FY27 Q1: $76.6M $76.6M

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue (TTM)
FY24 Q2 $61.7M
FY24 Q3 $67.9M
FY24 Q4 $72.5M
FY25 Q1 $72.8M
FY25 Q2 $72.1M
FY25 Q3 $70.9M
FY25 Q4 $70.2M
FY26 Q1 $68.9M
FY26 Q2 $69.3M
FY26 Q3 $69.2M
FY26 Q4 $70M
FY27 Q1 $76.6M
Revenue growth, TTM YoY Aeries Technology, Inc.
-10% 0% 10% 20% FY25 Q2 FY25 Q4 FY26 Q2 FY27 Q1 Revenue growth, TTM YoY, FY25 Q2: 17.0% Revenue growth, TTM YoY, FY25 Q3: 4.4% Revenue growth, TTM YoY, FY25 Q4: -3.2% Revenue growth, TTM YoY, FY26 Q1: -5.5% Revenue growth, TTM YoY, FY26 Q2: -3.9% Revenue growth, TTM YoY, FY26 Q3: -2.3% Revenue growth, TTM YoY, FY26 Q4: -0.3% Revenue growth, TTM YoY, FY27 Q1: 11.2% 11.2%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue growth, TTM YoY
FY25 Q2 17.0%
FY25 Q3 4.4%
FY25 Q4 -3.2%
FY26 Q1 -5.5%
FY26 Q2 -3.9%
FY26 Q3 -2.3%
FY26 Q4 -0.3%
FY27 Q1 11.2%
Operating margin (TTM) Aeries Technology, Inc.
-60% -40% -20% 0% 20% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Operating margin (TTM), FY24 Q2: 0.5% Operating margin (TTM), FY24 Q3: 1.1% Operating margin (TTM), FY24 Q4: 4.1% Operating margin (TTM), FY25 Q1: -19.5% Operating margin (TTM), FY25 Q2: -27.4% Operating margin (TTM), FY25 Q3: -36.2% Operating margin (TTM), FY25 Q4: -41.0% Operating margin (TTM), FY26 Q1: -16.7% Operating margin (TTM), FY26 Q2: -7.9% Operating margin (TTM), FY26 Q3: 0.7% Operating margin (TTM), FY26 Q4: 6.5% Operating margin (TTM), FY27 Q1: 9.2% 9.2%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q2 0.5%
FY24 Q3 1.1%
FY24 Q4 4.1%
FY25 Q1 -19.5%
FY25 Q2 -27.4%
FY25 Q3 -36.2%
FY25 Q4 -41.0%
FY26 Q1 -16.7%
FY26 Q2 -7.9%
FY26 Q3 0.7%
FY26 Q4 6.5%
FY27 Q1 9.2%
FCF margin (TTM) Aeries Technology, Inc.
-20% -10% 0% 10% 20% FY24 Q3 FY25 Q1 FY25 Q3 FY26 Q1 FY26 Q3 FY27 Q1 FCF margin (TTM), FY24 Q3: -1.6% FCF margin (TTM), FY24 Q4: -8.0% FCF margin (TTM), FY25 Q1: -10.6% FCF margin (TTM), FY25 Q2: -10.0% FCF margin (TTM), FY25 Q3: -11.3% FCF margin (TTM), FY25 Q4: -3.6% FCF margin (TTM), FY26 Q1: 1.0% FCF margin (TTM), FY26 Q2: 0.1% FCF margin (TTM), FY26 Q3: 6.7% FCF margin (TTM), FY26 Q4: 8.1% FCF margin (TTM), FY27 Q1: 11.9% 11.9%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 -1.6%
FY24 Q4 -8.0%
FY25 Q1 -10.6%
FY25 Q2 -10.0%
FY25 Q3 -11.3%
FY25 Q4 -3.6%
FY26 Q1 1.0%
FY26 Q2 0.1%
FY26 Q3 6.7%
FY26 Q4 8.1%
FY27 Q1 11.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Aeries Technology took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $70M
  2. Cost of revenue $52.7M · 75.3%
  3. Gross profit $17.3M · 24.7%
  4. Selling, general and admin $12.8M · 18.3%
  5. Operating income $4.5M · 6.5%
  6. Income tax $2M · 2.8%
  7. Net income $2.8M · 4.0%

Shares of revenue. Source: Aeries Technology's 10-K for FY2026, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026 LTM Jun 2026
Income
Revenue 53 73 70 70 77
Gross profit 14 22 17 17 20
EBITDA 4 4 −27 5 8
Operating income 2 3 −29 5 7
Net income 2 16 −20 3 3
Diluted EPS — $0.91 −$0.46 $0.05 —
Growth (year on year)
Revenue — +36.6% −3.2% −0.3% +11.2%
EBITDA — +23.9% −731.2% — —
Operating income — +28.1% <−999% — —
Net income — +817.8% −225.9% — —
Diluted EPS — — −150.5% — —
Margins
Gross margin 25.7% 29.8% 23.8% 24.7% 26.0%
EBITDA margin 6.6% 6.0% −39.0% 7.6% 10.3%
Operating margin 4.4% 4.1% −41.0% 6.5% 9.2%
Net margin 3.2% 21.6% −28.1% 4.0% 4.5%
Free-cash-flow margin 1.0% −8.0% −3.6% 8.1% 11.9%
Cash flow
Cash from operations 2 −4 −1 7 10
Capital spending 2 2 1 1 1
Free cash flow 1 −6 −2 6 9
Stock-based pay 4 2 13 0 1
Free cash flow after stock pay −3 −7 −15 5 8
Balance sheet
Cash 1 2 3 5 6
Total debt 3 10 9 6 5
Net debt (negative = net cash) 2 8 6 1 −1
Diluted shares — 16m 43m 48m —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 5 checks passed · June 30, 2026
What it owns · $41m
Short-term assets $25mLonger-term assets $16m
What it owes, and who funded it · $43m
Short-term liabilities $29mLonger-term liabilities $14mShareholders' equity $-3m
  • Short-term assets cover short-term liabilities $25m of assets due within a year against $29m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $25m short-term assets against $14m of longer-dated liabilities.
  • More cash than debt $6m of cash against $2m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $10m of operating cash flow against $2m of debt.
  • Operating profit covers interest at least five times over Operating income of $7m against $410,000 of interest.

From Aeries Technology, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Sales & admin spending
16.8%
of revenue

Competitors: side by side with peers

Closest by revenue in it consulting & other services
Last 12 months unless stated AERT ARBB CSPI NIXX WYY LZMH Median
Revenue, last 12 months $77m $58m $57m $128m $157m $157m $334m
Revenue growth, last 12 months 11.2% 28.5% −0.7% 798.3% 9.7% 37.4% 6.5%
Revenue growth, 3-year average — — −4.8% 123.0% 16.0% — 4.3%
Revenue growth, latest quarter 43.0% — −6.8% 20.4% 1.9% — 4.7%
Gross margin 26.0% −4.0% 33.1% 57.3% 14.4% 3.3% 27.9%
Operating margin 9.2% — −5.3% −5.5% −0.8% −15.6% 6.4%
Operating margin, 3-year average −9.0% — −4.5% −310.1% −1.7% — 7.4%
Net margin 4.5% −35.6% −1.2% −6.3% −0.8% −15.4% 2.5%
Cash from operations / revenue 13.4% −0.6% −1.9% −2.3% 3.0% −3.6% 7.1%
Free-cash-flow margin 11.9% 43.1% −2.5% −2.3% 2.9% −3.7% 5.1%
Free-cash-flow margin, 3-year average 0.8% — 6.8% −36.8% 0.9% — 6.6%
Stock pay / revenue 1.3% — 3.2% 1.0% 0.3% 9.8% 2.0%
Change in share count — 0.0% 2.1% — 4.3% 4.1% 0.9%

Median of all 41 companies we cover in it consulting & other services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to March 31, 2026
Geography
Region Revenue Share YoY
North America $62.9M 89.8% ▼ 4.0%
Asia Pacific $7.1M 10.2% ▲ 51.5%

From Aeries Technology, Inc.'s 10-K filed June 8, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.7M
Institutions reporting
4
Positions opened / closed
4 / 0

Top buyers and sellers, Q2 2026: 4 institutions bought and 0 sold ; the biggest buyer was Diametric Capital, LP (+206K shares) . See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Diametric Capital, LP $1.5M 206K 87.8% —
Citadel Advisors LLC $190,313 26K 11.2% —
UBS Group AG $15,573 2K 0.9% —
Sbi Securities Co., Ltd. $2,226 0K 0.1% —

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Aeries Technology, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $711 1 trade by 1 insider, last 12 months Insider sales History → $30,006 2 trades by 2 insiders · 100% under pre-set plans
Net ▼ $29,295 net selling
Insider Date Trade Shares Price Value
Webb Daniel S. CFO and CIO November 24, 2025 Sell pre-set plan 50,000 $0.60 $30,000
Kumar Venu Raman Director November 10, 2025 Buy 1,111 $0.64 $711
Kumar Venu Raman Director November 10, 2025 Sell 10 $0.63 $6

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 10, 2026
  • June 8, 2026
  • February 9, 2026
  • November 10, 2025
  • August 14, 2025
  • July 3, 2025

Recent SEC filings

Data status

When each part of this page on Aeries Technology, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Aeries Technology, Inc. in brief

What does Aeries Technology, Inc. do?
Aeries Technology, Inc. is a US-listed company in the IT consulting & other services industry. Its financial year ends in March.
What is Aeries Technology, Inc.'s stock ticker?
Aeries Technology, Inc. trades under the ticker AERT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Aeries Technology, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Aeries Technology, Inc. reported revenue of $76.6M, 11.2% higher than a year earlier, according to its SEC filings.
What is Aeries Technology, Inc.'s free cash flow?
Aeries Technology, Inc.'s free-cash-flow margin is 11.9% of revenue over the trailing twelve months.
Who are Aeries Technology, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Diametric Capital, LP, Citadel Advisors LLC and UBS Group AG. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Aeries Technology, Inc.'s market cap?
On March 31, 2026, Aeries Technology, Inc.'s market capitalisation was about $121M, with a price-to-earnings ratio of 42.7 and net debt of $1.2M. Market figures come from third-party market data and may be delayed.
Who are Aeries Technology, Inc.'s competitors?
In our IT Consulting & Other Services peer group, the companies closest to Aeries Technology, Inc. are ARB IOT Group Ltd, CSP Inc, Nixxy, Inc., Widepoint Corp and LZ Technology Holdings Ltd. The side-by-side comparison below sets their revenue, margins and growth against Aeries Technology, Inc.'s.
Are insiders buying or selling Aeries Technology, Inc. stock?
Over the last 12 months, Aeries Technology, Inc.'s directors and officers reported 1 open-market purchases and 2 sales on Form 4. The insider trading page charts every trade.
When is Aeries Technology, Inc.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Aeries Technology, Inc. announces its own schedule.