• Axil Brands posted net revenues of $6.1 million for the quarter ended Aug. 31, 2026, down 11% year over year.
• Net income rose to $420,571, while diluted EPS increased to $0.05.
• Gross profit climbed to $5.03 million and gross margin widened to 82.6%; results included a $0.55 million IEEPA duty-refund benefit in cost of revenues.
• Cash and cash equivalents increased to $7.93 million at Aug. 31, 2026 from $4.46 million at May 31, 2026, with no outstanding borrowings.
• XCOR II launch began after quarter-end, with initial orders exceeding $3.6 million through Sept. 30; shipments started in the second quarter.

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. Axil Brands Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610061620PRIMZONEFULLFEED9840874) on October 06, 2026, and is solely responsible for the information contained therein.