HUCK Huckleberry.ai, Inc.

Overview and Growth

Fiscal 2026 results for Huckleberry.ai, Inc. combined $318.86M of revenue with net loss of $59.34M and an operating cash inflow of $7.93M. Revenue of $318.86M sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 0.6% from $317.04M in fiscal 2025, increasing the company’s operating scale. On a per-share basis, diluted EPS was -$1.45, which connects the reported earnings outcome with the company’s diluted share count. The company employed $235.53M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 1.35x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $239.12M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 75.0% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced a $39.10M operating loss before non-operating and tax effects. The operating loss equaled 12.3% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $59.34M, extending the operating result through all remaining items. The net loss equaled 18.6% of revenue, showing the bottom-line deficit relative to the company’s sales base. Before income taxes, the company recorded a loss of $57.58M, bridging the operating result to the final net loss. The pretax loss equaled 18.1% of revenue, measuring the pre-tax deficit against sales. Income tax expense totaled $1.76M, providing the reported tax component that separates pretax and after-tax earnings. The net loss equaled 25.2% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

At period end, the $235.53M asset base was financed through $421.60M of liabilities and -$186.06M of equity. With total equity at -$186.06M, the company carried a negative book-capital position, increasing its reliance on liabilities and future earnings. At period end, current assets of $153.56M compared with current liabilities of $271.22M, defining the company’s short-term resource position. The current ratio was 0.57x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. Cash and equivalents totaled $42.95M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 15.8% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $126.49M, adding a fixed financing obligation alongside the company’s equity capital. Debt represented 53.7% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 179.0%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 18.2% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 9.9% from $214.34M in fiscal 2025, leaving current total assets higher year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $7.93M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Capital expenditures used $9.95M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital spending absorbed 125.5% of operating cash flow, quantifying the share of cash from operations directed to investment. Operating cash flow and capital spending combined to leave a $2.02M cash deficit after capital spending. Free-cash-flow margin was -0.6%, reflecting a cash deficit equal to 0.6% of revenue after capital spending. The free-cash-flow deficit equaled 0.9% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Jan 31, 2026. Analysis generated Oct 26, 2026.