AXIL Brands (AXIL) reported first-quarter fiscal 2027 net revenue of $6.09 million for the three months ended August 31, 2026, down from $6.86 million a year earlier. GAAP net income was $420,571, while diluted earnings per share were $0.05.
Gross profit was $5.03 million and income from operations was $437,027. The company reported $7.93 million in cash and cash equivalents at quarter-end, with no outstanding borrowings.
- Revenue declined 11.2% year over year, with the comparison reflecting the transition from XCOR to XCOR II and a prior-year big-box order that did not recur.
- Gross margin was 82.6%, including a $0.55 million benefit from IEEPA customs duty refunds recognized as a reduction of cost of revenues.
- XCOR II orders exceeded $3.6 million as of September 30, 2026; shipments began in the second quarter of fiscal 2027.
- Net cash provided by operating activities totaled $3.76 million, compared with $739,194 used in the prior-year period.
$AXIL Hedge Fund Activity
We have seen 4 institutional investors add shares of $AXIL stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIVERSIFY ADVISORY SERVICES, LLC added 164,331 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,101,017
- FNY INVESTMENT ADVISERS, LLC removed 39,782 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $266,539
- DIVERSIFY WEALTH MANAGEMENT, LLC removed 22,125 shares (-11.9%) from their portfolio in Q2 2026, for an estimated $148,237
- BLACKROCK, INC. added 3,480 shares (+34.4%) to their portfolio in Q2 2026, for an estimated $23,316
- UBS GROUP AG added 2,645 shares (+13225.0%) to their portfolio in Q2 2026, for an estimated $17,721
- GLASS JACOBSON INVESTMENT ADVISORS LLC removed 2,501 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $16,756
- CETERA INVESTMENT ADVISERS removed 2,000 shares (-15.4%) from their portfolio in Q2 2026, for an estimated $13,400
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.