Global Technologies Revenue Plunges 66% to $346K in Q2 FY2026
Global Technologies, Ltd., a Delaware-incorporated technology firm, reported revenue of $345,968 for the three months ended December 31, 2025, down 62% from $917,077 in the prior-year quarter. The company posted a net loss of $144,760 for the quarter.
Global Technologies, Ltd., a Delaware-incorporated technology firm, reported revenue of $345,968 for the three months ended December 31, 2025, down 62% from $917,077 in the same quarter a year earlier. For the six months ended December 31, 2025, revenue fell 66% to $541,293 from $1,586,508 in the prior-year period. Read more earnings reports.
The company swung to a net loss of $144,760 for the quarter ended December 31, 2025, compared with a loss of $45,195 in the year-ago quarter. For the six-month period, Global Technologies posted net income of $21,439, a sharp reversal from net income of $217,352 in the first half of fiscal 2025.
Cost of revenue for the December quarter totaled $209,621, down from $782,495 a year earlier. Gross profit was $136,347, roughly flat with the prior-year quarter's $134,582. Operating expenses surged 60% to $273,320 from $170,802, driven largely by a jump in selling, general and administrative expenses to $145,775 from $27,130.
The company reported an operating loss of $136,973 for the three months ended December 31, 2025, compared with an operating loss of $36,220 in the prior-year quarter. For the six-month period, the operating loss was $245,187 versus operating income of $236,422 a year earlier.
Balance Sheet Weakens
Total assets fell to $45,629 as of December 31, 2025, from $68,108 six months earlier. Cash and cash equivalents dropped 39% to $41,408 from $68,108. The company held no accounts receivable at either period end.
Total liabilities declined to $977,469 from $1,221,387 as of June 30, 2025. Accounts payable more than doubled to $42,469 from $19,410 over the same period. Stockholders' equity remained deeply negative at $931,840, an improvement from a deficit of $1,153,279 six months earlier. Retained deficit stood at $167,534,198 as of December 31, 2025.
Cash Flow Deteriorates
Cash from operations was negative $226,600 for the six months ended December 31, 2025, a reversal from positive $98,489 in the prior-year period. The company raised $199,900 from financing activities during the half, compared with cash used in financing of $150,340 a year earlier.
Financial Summary
| Metric | Q2 FY2026 | Q2 FY2025 | H1 FY2026 | H1 FY2025 |
|---|---|---|---|---|
| Revenue | $345,968 | $917,077 | $541,293 | $1,586,508 |
| Cost of Revenue | $209,621 | $782,495 | $308,018 | $974,384 |
| Gross Profit | $136,347 | $134,582 | $233,275 | $612,124 |
| Operating Expenses | $273,320 | $170,802 | $478,462 | $375,702 |
| Operating Loss | ($136,973) | ($36,220) | ($245,187) | $236,422 |
| Net Income (Loss) | ($144,760) | ($45,195) | $21,439 | $217,352 |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 |
The company had 14,688,440,097 shares outstanding as of December 31, 2025. Earnings per share for both the quarter and six-month period rounded to zero. Global Technologies is classified as a non-accelerated filer and qualifies as a small business.