Connexa Sports 2026 Q1 Earnings Net Income Dips 38.5% Amid Revenue Decline

Connexa Sports (YYAI) reported its fiscal 2026 Q1 earnings on September 15, 2025. The results reflect a challenging quarter with notable revenue and earnings declines. The company’s guidance remains cautiously optimistic, with plans to invest in CAPEX and expand into emerging markets to drive long-term growth.

Connexa Sports reported Q1 2026 earnings that fell short of its prior performance, with both revenue and net income contracting year-over-year. While the company emphasized its strategic moves and cost controls, the earnings figures highlight the pressure from external factors such as supply chain disruptions.

Revenue
Connexa Sports reported total revenue of $3 million in Q1 2026, representing an 8.3% decline from $3.27 million in the same period a year earlier. The drop in revenue was attributed to broader market challenges and operational constraints.

Earnings/Net Income
The company’s net income for Q1 2026 fell to $1.26 million, a 38.5% decrease from $2.05 million in Q1 2025. Earnings per share (EPS) also dropped significantly to $0.06, down 66.7% from $0.18 in the prior-year quarter. This marked a challenging earnings outcome as the company faces ongoing cost pressures and revenue headwinds.

Price Action
During the latest trading day, the stock price of Connexa Sports fell by 4.89%. However, it showed a strong rebound over the most recent full trading week, surging 24.42%. On a monthly basis, the stock has declined sharply by 50.69%, reflecting mixed investor sentiment.

Post-Earnings Price Action Review
The CEO emphasized the company’s resilience in the first quarter of 2026, noting strong consumer demand for premium sports products and effective cost management strategies. Despite supply chain challenges, the leadership highlighted agile sourcing and logistics responses. Looking ahead, the CEO outlined a strategy focused on expanding into emerging markets and investing in digital transformation to enhance customer engagement. The company remains committed to product innovation, including collaborations with athletes and designers. The leadership expressed confidence in maintaining growth momentum through disciplined execution and brand differentiation.

CEO Commentary
The CEO reaffirmed the company’s commitment to innovation and market expansion, while addressing ongoing supply chain issues. The leadership tone remained optimistic, emphasizing the company’s ability to navigate challenges and sustain performance.

Guidance
Connexa Sports expects to grow revenue year-over-year and maintain profitability, with a target of EPS above $0.06. The company plans to invest in CAPEX to support long-term market expansion and operational efficiency.

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