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OpenText Reports Second Quarter Fiscal Year 2026 Financial Results

Ispire reduced net loss to $6.6 million and cut net accounts receivable by 19.5% as it focused on higher-quality revenue and cost controls in Q2 fiscal 2026.

  • On Feb. 6, 2026 Ispire Technology Inc. reported fiscal second-quarter results for the quarter ended December 31, 2025, showing revenue of $20.3 million and a net loss narrowed to $6.6 million.
  • Cost controls led management to cut operating expenses from $15.1 million to $10.3 million and reduce net accounts receivable by 19.5% to $37.9 million, reflecting a shift from lower-quality cannabis customers.
  • Interest in Ispire's G-Mesh technology is building as large and mid-sized nicotine manufacturers evaluate it, while the IKE Tech joint venture advances age-gating with global regulators and manufacturing ramps in Malaysia.
  • The company highlighted regulatory tailwinds after the FDA's position that age gating is required for flavored approvals, saying U.S. Federal Government enforcement must pair with FDA‑authorized products to create a legal market.
  • Management framed the results as positioning the company for future value while warning that re-entering the U.S. ENDS market, PMTA approvals, and joint‑venture execution are risks. Ispire cautioned that plans involve risks, noting forward-looking statements may change.
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FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb 5, 2026-

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  • 45% of the sources lean Left, 44% of the sources are Center
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The Record broke the news in Waterloo, Canada on Thursday, February 5, 2026.
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