NanoXplore Reports First Quarter Fiscal 2027 Results with Revenue up 36% and Begins Commercial Graphene Supply to Lead Insulating Foam Customer
Globe Newswire•10/11/2026•16:10 ET
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Key Highlights
- ➤Total revenue $31.8M, up 36% year over year
- ➤Adjusted EBITDA $714,160, versus a $1.39M loss last year
- ➤Fiscal 2027 revenue guidance reiterated at $130M-$140M
- ➤October commercial supply began with a 40-tonne insulating-foam masterbatch order
- ➤Insulating-foam masterbatch volumes expected to exceed 500 tonnes this fiscal year
Expert Statements
Rocco Marinaccio, President and Chief Executive Officer of NanoXplore
“Q1 was a strong start to fiscal 2027, with revenue up 36% to $31.8 million, adjusted gross margin up 440 basis points to 21.7%, and positive adjusted EBITDA. In October, we began commercial supply of graphene masterbatch to our lead insulating foam customer, a major milestone for the graphene industry, and we’re encouraged by the growth potential we see as this relationship develops. I’m equally proud of our team’s commitment to safety: our total recordable injury frequency improved to 2.0 from last year’s record 3.1.”
MONTREAL, Nov. 10, 2026 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, reported its financial results today for the three-month period ended September 30, 2026.
All amounts in this press release are in Canadian dollars, unless stated otherwise.
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