STAK Inc. Announces Financial Results for Fiscal Year 2026

STAK Inc. reported fiscal year 2026 revenue of $28.2 million, reflecting a 13.21% increase from the previous year, and achieved a net income of $0.4 million, recovering from a $5.7 million loss in fiscal year 2025. The company noted a significant 41.06% reduction in total operating expenses, including a 70.57% decline in general and administrative expenses. Despite a decrease in gross profit margin from 30.86% to 26.43%, STAK is focusing on portfolio optimization by reallocating resources towards higher-priced oilfield vehicles.