AtlasClear Holdings Reports 65% Revenue Surge in Fiscal Q3, Signaling Operational Turnaround
AtlasClear Holdings reported a 65% year-over-year revenue increase to $4.2 million in fiscal Q3 2026, driven by securities lending growth and improved balance sheet, as the company transitions from restructuring to scaling its integrated financial services platform.
AtlasClear Holdings, Inc. (NYSE American: ATCH) reported financial results for its fiscal third quarter ended March 31, 2026, showing a 65% year-over-year revenue increase to $4.2 million, as the technology-enabled financial services platform continues to gain commercial traction following a period of balance sheet repair.
Revenue for the nine months ended March 31, 2026, rose 67% to $13.5 million, compared to $8.1 million in the prior-year period. The company reported fiscal year-to-date net income of $4.4 million, or $0.05 per diluted share, versus a net loss per share of $(0.02) in the prior-year period, highlighting a significant improvement in profitability.
“This quarter marks AtlasClear’s clearest demonstration yet that the platform we set out to build is taking commercial shape,” said John Schaible, Executive Chairman of AtlasClear. “AtlasClear has moved from balance sheet repair to operational scaling, and the pending acquisitions are intended to expand the Company’s earnings capacity, operating leverage, and service capabilities across clearing, capital markets, and banking.”
A key driver of the revenue growth has been the expansion of securities lending and stock locate operations. Stock locate and securities lending revenue reached $1.4 million in the quarter and $3.0 million year-to-date, compared to effectively zero in the comparable prior-year periods. President Craig Ridenhour noted, “Securities lending has gone from immaterial to a $3.0 million year-to-date contributor on the back of deliberate operational build-out.”
The company also made substantial progress in strengthening its balance sheet. Legacy de-SPAC liabilities were reduced by more than 95% since fiscal year-end 2024, from approximately $34 million to under $1 million. Stockholders’ equity improved to $22.3 million as of March 31, 2026, compared to a deficit of $(6.8) million as of June 30, 2025. Total liabilities declined approximately $16 million from fiscal year-end 2025. Cash and cash equivalents totaled $16.7 million, while total cash including segregated customer and PAB reserve cash was approximately $41.2 million.
Strategically, AtlasClear continued to build its integrated financial services platform. During and after the quarter, the company signed or began actively onboarding five correspondent clearing relationships, with additional relationships in late-stage development. It submitted a formal application to the Federal Reserve and Wyoming Division of Banking for the proposed acquisition of Commercial Bancorp of Wyoming and executed a Letter of Intent to acquire Ark Financial Services and its broker-dealer subsidiary, Dawson James Securities, structured in two steps to accommodate FINRA requirements.
The company’s subsidiary, Wilson-Davis & Co., ended the quarter with net capital of approximately $15.2 million, about 50% higher than at the time of its acquisition in early 2024. The $20 million structured capital raise completed in October, combined with current liquidity, is expected to support continued execution without near-term equity dilution.
Management scheduled an earnings conference call for Thursday, May 14, 2026, at 8:30 AM ET, accessible via webcast at this link. The company also maintains a newsroom at https://tinyurl.com/atchnewsroom for the latest updates on $ATCH.