AXIL · Axil Brands, Inc.
3 customers — 45% of revenue (fiscal year ended May 31, 2026)
“During the fiscal year ended May 31, 2026, hair and skin care product sales to three customers represented over 10% of total segment sales, aggregating to 45% (13%, 13% and 19%, respectively) of the segment's net sales, and 1.7% of the Company's consolidated net revenues.”
One customer — 24% of revenue (year ended May 31, 2026)
“There was one single customer that accounted for approximately 24% of segment revenues and 23% of consolidated revenues for the year ended May 31, 2026.”
One customer — 23% of revenue (year ended May 31, 2026)
“There was one single customer that accounted for approximately 24% of segment revenues and 23% of consolidated revenues for the year ended May 31, 2026.”
One customer — 23% of revenue (fiscal year 2026)
“For our hearing enhancement and protection segment, one customer accounted for 23% of consolidated net revenues and 69% of segment accounts receivable for fiscal year 2026.”
3 customers — 1.7% of revenue (fiscal year ended May 31, 2026)
“During the fiscal year ended May 31, 2026, hair and skin care product sales to three customers represented over 10% of total segment sales, aggregating to 45% (13%, 13% and 19%, respectively) of the segment's net sales, and 1.7% of the Company's consolidated net revenues.”
One customer — 36% of revenue (fiscal year ended May 31, 2025)
“During the fiscal year ended May 31, 2025, hair and skin care product sales to one customer represented over 10% of total segment sales, aggregating to 36% of the segment's net sales, and 2.1% of the Company's consolidated net revenues.”
One customer — 2.1% of revenue (fiscal year ended May 31, 2025)
“During the fiscal year ended May 31, 2025, hair and skin care product sales to one customer represented over 10% of total segment sales, aggregating to 36% of the segment's net sales, and 2.1% of the Company's consolidated net revenues.”
One customer — 69% of receivables (fiscal year 2026)
“For our hearing enhancement and protection segment, one customer accounted for 23% of consolidated net revenues and 69% of segment accounts receivable for fiscal year 2026.”
One customer — 69% of receivables (May 31, 2026)
“As of May 31, 2026, one customer accounted for accounts receivable greater than 10% of segment accounts receivable, aggregating to 69%.”
One customer — 50% of receivables (May 31, 2026)
“At May 31, 2026, one customer accounted for 50% of accounts receivable related to hair and skin care products.”
3 customers — 60% of receivables (May 31, 2025)
“At May 31, 2025, accounts receivable for hair and skin care products that accounted for more than 10% of the segment's total accounts receivable aggregated to 60% and represented three customers at 28%, 17%, and 15%, respectively.”
2 customers — 26% of receivables (May 31, 2025)
“As of May 31, 2025, two customers accounted for accounts receivable greater than 10% of segment accounts receivable, aggregating to 26% consisting of 13% each.”
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q4 FY26 earnings call · Aug 18, 2026TL;DR. AXIL reported record Q4 FY2026 results with revenue up 48.9% to $8.6M and net income of $1.5M, driving full-year revenue up 17.5% to $30.8M and net income up 216% to $2.7M, supported by retail store count expanding ~233% to roughly 6,000 locations; however, a planned retail/wholesale channel shift pressured full-year gross margin by ~170 bps, and operating cash flow turned negative on year-end shipment timing.
- + Q4 net revenues rose 48.9% to a record $8.6M with net income of $1.5M and diluted EPS of $0.18
- + Retail store count expanded to approximately 6,000 locations from ~1,800, a 200%+ increase in one year
- + Adjusted EBITDA margin expanded to 13.1% for the full year, up ~380 bps, with Q4 adjusted EBITDA reaching $1.7M or 20.3% of revenue
- + Operating expense leverage improved ~700 bps for the year, with OpEx up only 5.3% on 17.5% revenue growth
- − Full-year gross margin declined ~170 bps to 69.3% due to wholesale channel mix and tariff policy
- − Direct-to-consumer revenue in the hearing segment declined 4.3% to $19.7M on a deliberate channel shift
- − Operating cash flow swung to a $9,635 use from $1.9M provided last year on year-end retail order timing
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $1.7M | Q4 2026 | — |
| Adjusted EBITDA as a percentage of net revenues non-GAAP | 20.3% | Q4 2026 | — |
| Adjusted EBITDA as a percentage of Revenues, net (Non-GAAP) non-GAAP | 13.1% | Fiscal Year Ended May 31, 2026 filing | — |
| Adjusted EBITDA as a percentage of Sales, net non-GAAP | 13.1% | fiscal 2026 | — |
| Customer concentration - percentage of consolidated revenues from largest customer (Hearing enha | 23% | the year ended May 31, 2026 filing | — |
| Customer concentration - percentage of hair and skin care segment net sales from top three custo | 45% | the year ended May 31, 2026 filing | — |
| Customer concentration - percentage of segment revenues from largest customer (Hearing enhanceme | 24% | the year ended May 31, 2026 filing | — |
| Direct-to-consumer revenue | $19,939,196 | the year ended May 31, 2026 filing | -4.5% |
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| Direct-to-consumer share of consolidated net revenues | 65% | fiscal year ended May 31, 2026 filing | — |
| Distribution agreements (Hair and Skin Care segment) | 14 | fiscal year 2026 filing | — |
| Marketing services revenue | $100,000 | the year ended May 31, 2026 filing | +0.0% |
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| Net revenues concentration from one customer (Hearing Enhancement and Protection segment) | 23% | fiscal year ended May 31, 2026 filing | — |
| Payments for property and equipment and intangible assets (Consolidated) | $210,349 | the year ended May 31, 2026 filing | — |
| Products offered (Hearing Enhancement and Protection segment) | 27 | fiscal year 2026 filing | — |
| Retail and wholesale revenue | $10,808,374 | the year ended May 31, 2026 filing | +100.7% |
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| Segment non-cash operating income (Consolidated) non-GAAP | $5,481,650 | the year ended May 31, 2026 filing | — |
| Segment non-cash operating income (Hearing enhancement and protection) non-GAAP | $5,437,769 | the year ended May 31, 2026 filing | — |
| Segment non-cash operating income (Marketing Services) non-GAAP | $91,492 | the year ended May 31, 2026 filing | — |
| Segment non-cash operating loss (Hair and skin care) non-GAAP | -$47,611 | the year ended May 31, 2026 filing | — |
| SKUs (Hearing Enhancement and Protection segment) | 114 | fiscal year 2026 filing | — |
| Sportsman's Warehouse store locations | 70 | Q4 2026 | — |
| Total adjusted EBITDA non-GAAP | $4,039,411 | fiscal 2026 | — |
| Total EBITDA (Non-GAAP) non-GAAP | $3,254,251 | Fiscal Year Ended May 31, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income (GAAP) $2,699,349
+$440,310 Provision for income taxes
-$132,131 Interest income, net
+$246,723 Depreciation and amortization
= Total EBITDA (Non-GAAP) $3,254,251
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| Total store count | 6,000 | fiscal 2026 | — |
| Vendor concentration (Hearing Enhancement and Protection segment) | 79% | fiscal year 2026 filing | — |
| Vendor concentration - percentage of hair and skin care segment purchases from top three vendors | 91% | the year ended May 31, 2026 filing | — |
| Vendor concentration - second vendor (Hair and Skin Care segment) | 18% | fiscal year 2026 filing | — |
| Vendor concentration - third vendor (Hair and Skin Care segment) | 11% | fiscal year 2026 filing | — |
| Vendor concentration - top vendor (Hair and Skin Care segment) | 62% | fiscal year 2026 filing | — |
| Walmart stores carrying MX PRO and MX Passive models | 1,250 | fiscal year 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Consumer Electronics — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AXIL
this stock
Axil Brands, Inc.
|
$42.78M | -11.0% | +17.5% | 19.0 | 0.1% |
|
AAPL
Apple Inc.
|
$4.99T | +22.7% | +15.9% | 39.3 | 0.9% |
|
SONY
Sony Group Corp
|
$137.66B | -7.0% | — | — | 0.2% |
|
LPL
LG Display Co., Ltd.
|
$2.98B | -25.9% | — | — | 0.5% |
|
SONO
Sonos Inc
|
$2.15B | +0.8% | -4.9% | 39.5 | 7.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AXIL | -1.6% | -3.6% | -11.9% | +2.2% | -11.0% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -1.4% | -3.1% | -24.0% | +1.2% | -23.8% |