Elite Express Holding Reports Q3 2026 Financial Results

Laguna Hills, California, United States -- Elite Express Holding Inc. (Nasdaq: ETS), a provider of last-mile delivery services, reported its financial results for the third quarter ended August 31, 2026.

During the third quarter of 2026, the company experienced solid revenue growth, driven by higher activity-based and fixed revenue streams, including adjustments under its renewed ISP agreement with FedEx. However, net losses expanded due to increased general and administrative expenses associated with public company compliance, professional fees, and payroll.

Financial Highlights

• Revenue reached $766,422, representing a 20.9% increase year-over-year.
• Gross profit improved significantly to $95,759 compared to $6,817 in the prior-year period.
• Net loss widened to $760,138, largely impacted by higher operating and administrative costs.