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Victory Square FY26 first-half net income turns to $6.5 million; revenue climbs to $53 million

Victory Square FY26 first-half net income turns to $6.5 million; revenue climbs to $53 million

ReutersReuters2026/09/01 13:12
  • Victory Square posted Q2 2026 revenue of $28 million, rising 421% year-over-year; net income climbed to $2.5 million.
  • First-half revenue reached $53 million, up 434% year-over-year; net income swung to $6.5 million.
  • Cash totaled $20.2 million at June 30; working capital increased to $34.5 million.
  • Growth was driven mainly by Hydreight; CEO Shafin Diamond Tejani cited a “strong financial foundation” to support portfolio expansion.
  • Hydreight reaffirmed fiscal 2026 revenue guidance of about $150 million as Victory Square prioritizes execution and disciplined capital allocation.


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. Victory Square Technologies Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609010911CANADANWCANADAPR_C9729) on September 01, 2026, and is solely responsible for the information contained therein.

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