Reliability operating loss narrows 52.96% to $119 in Q2 FY26; revenue rises 6.3% to $5.02 million
Reuters2026/08/14 21:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Reliability posted Q2 revenue of 5.02 million, up 6.3% year over year, as EOR revenue rose 8.4% to 3.87 million.
- Gross profit slipped 2.9% to 692,000, while gross margin fell 1.3 percentage points to 13.8% on a shift to lower-margin EOR.
- Operating loss narrowed to 119,000 from 253,000, but net loss was 206,000 versus 205,000 as other expense rose.
- SG&A dropped 16% to 811,000, reflecting cost-containment measures and lower recurring costs.
- Cash totaled 470,000 at June 30, 2026, while working capital swung to a 104,000 deficit after a noncash settlement.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliability Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-038513), on August 14, 2026, and is solely responsible for the information contained therein.
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