AtlasClear Holdings, Inc. Reports Fiscal Third Quarter 2026 Results
Rhea-AI Summary
AtlasClear (NYSE American: ATCH) reported fiscal Q3 2026 revenue of $4.2 million, up 65% year-over-year, with fiscal year-to-date revenue of $13.5 million, up 67%. Net income reached $4.4 million or $0.05 per diluted share.
Legacy de-SPAC liabilities fell over 95% to under $1 million, stockholders' equity improved to $22.3 million, total assets were $73.9 million, and total liabilities declined about $16 million. Cash and equivalents were $16.7 million, with total cash of approximately $41.2 million. The company highlighted growth in securities lending, five correspondent relationships, and ongoing acquisition initiatives.
AI-generated analysis. Not financial advice.
Positive
- Quarterly revenue increased 65% year-over-year to $4.2 million
- Fiscal year-to-date revenue increased 67% to $13.5 million
- Fiscal year-to-date net income of $4.4 million, or $0.05 per diluted share
- Legacy de-SPAC liabilities reduced over 95% to under $1 million
- Stockholders' equity improved to $22.3 million from a $(6.8) million deficit
- Total liabilities declined approximately $16 million from fiscal year-end 2025
- Stock locate and securities lending revenue reached $3.0 million year-to-date from near zero
- Wilson-Davis ended the quarter with net capital of about $15.2 million, ~50% higher than at acquisition
- Fiscal year-to-date interest expense declined 33% to $4.6 million
- Completed $20 million structured capital raise in October, supporting growth without near-term equity dilution
- Five correspondent clearing relationships signed or actively onboarding
Negative
- None.
News Market Reaction – ATCH
On the day this news was published, ATCH declined 4.62%, reflecting a moderate negative market reaction. Argus tracked a peak move of +5.8% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $36.79M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ATCH was down 0.86% pre-release while peers showed mixed moves (e.g., RVYL up 18.69%, OLB down 5.83%), indicating stock-specific rather than sector-driven trading.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 14 | Q1 2026 earnings | Positive | -1.1% | Reported Q1 2026 growth, positive equity, and $20M financing update. |
| Sep 29 | FY 2025 results | Positive | -29.9% | Full-year 2025 results with >80% de-SPAC liability reduction and new financing. |
| May 28 | Q1 2024 earnings | Negative | +1.8% | Q1 2024 results showing large net loss tied to non-recurring charges. |
Earnings releases have frequently seen share-price moves diverge from the generally improving fundamental narrative.
Over the past several earnings cycles, AtlasClear has focused on balance sheet repair and growth of its clearing and securities lending businesses. A $20M financing in October 2025 and earlier liability reductions turned stockholders’ equity positive by Q1 2026. De-SPAC liabilities were reduced by over 80% by late fiscal 2025, and Wilson-Davis remained profitable with rising net capital. Today’s Q3 2026 results extend that trajectory with further revenue growth and equity improvement.
Historical Comparison
In the last 3 earnings releases, ATCH’s average move was -9.76%, often diverging from improving balance sheet and growth commentary.
Across recent earnings, AtlasClear moved from heavy de-SPAC liabilities and large losses toward positive equity, reduced obligations, and ongoing revenue growth at Wilson-Davis and related businesses.
Market Pulse Summary
This announcement underscores AtlasClear’s transition from balance sheet repair to operational scaling. Q3 2026 revenue reached $4.2M, fiscal year-to-date revenue rose to $13.5M, and net income turned positive at $4.4M, while stockholders’ equity improved to $22.3M. Legacy de-SPAC liabilities fell to under $1M and interest expense declined to $4.6M. Investors may watch future correspondent additions, securities lending growth, and execution on pending acquisitions as key markers.
Key Terms
de-SPAC financial
securities lending financial
stock locate financial
correspondent clearing financial
segregated customer financial
AI-generated analysis. Not financial advice.
-Third Quarter Revenue Increased
-Fiscal Year-to-Date Revenue Increased
-Legacy De-SPAC Liabilities Reduced by More Than
-Stockholders' Equity Improved to
-Stock Locate and Securities Lending Revenue Reached
-Five Correspondent Relationships Signed or Actively Onboarding-
-Earnings Conference Call Scheduled for Thursday, May 14, 2026, at 8:30 AM ET-
TAMPA, Fla., May 13, 2026 (GLOBE NEWSWIRE) -- AtlasClear Holdings, Inc. ("AtlasClear" or the "Company") (NYSE American: ATCH), a technology-enabled financial services platform modernizing trading, clearing, settlement, and banking infrastructure, today announced financial results for its fiscal third quarter ended March 31, 2026.
Fiscal Third Quarter 2026 Financial Highlights:
(Quarter Ended March 31, 2026)
- Revenue for the quarter increased
65% year-over-year to$4.2 million , compared to$2.5 million in the prior-year quarter. - Revenue for the nine months ended March 31, 2026, increased
67% to$13.5 million , compared to$8.1 million in the prior-year period. - Fiscal year-to-date net income of
$4.4 million , or$0.05 per diluted share, compared to a net loss per share of$(0.02) in the prior-year nine-month period. - Stock locate and securities lending revenue totaled
$1.4 million in the quarter and$3.0 million year-to-date, compared to effectively zero in the comparable prior-year periods. - Legacy de-SPAC liabilities reduced by more than
95% since fiscal year-end 2024, from approximately$34 million in aggregate to under$1 million . - Stockholders' equity increased 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 ; total cash including segregated customer and PAB reserve cash totaled approximately$41.2 million . - Wilson-Davis & Co., Inc. ended the quarter with net capital of approximately
$15.2 million , approximately50% higher than at the time of the Company's acquisition of Wilson-Davis in early 2024.
Management Commentary:
"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. The pieces are increasingly coming together. The next phase is execution."
"Wilson-Davis is performing, and the correspondent pipeline is the leading indicator of where the business is heading,” said Craig Ridenhour, President of AtlasClear. "Securities lending has gone from immaterial to a
Operational and Strategic Highlights:
During and following the quarter, AtlasClear continued executing on its strategy to build an integrated financial services platform combining clearing, capital markets, and banking capabilities.
Key strategic developments included:
- Signed or actively onboarding five correspondent clearing relationships, with additional relationships in late-stage development.
- Submitted formal application to the Federal Reserve and Wyoming Division of Banking for the proposed acquisition of Commercial Bancorp of Wyoming.
- Executed Letter of Intent to acquire Ark Financial Services and its broker-dealer subsidiary, Dawson James Securities, with the transaction structured in two steps to accommodate FINRA requirements.
- Continued expansion of securities lending and stock locate operations, leveraging Wilson-Davis's correspondent-clearing capability.
- Continued investment in operational infrastructure, compliance, technology systems, and personnel to support scaling.
Balance Sheet and Capital Structure Progress:
The Company made substantial progress repairing its balance sheet and resolving legacy obligations from the de-SPAC transaction. Total assets increased to
Management believes the Company’s strengthened balance sheet and liquidity profile position AtlasClear to continue executing its operational and strategic growth initiatives.
Earnings Conference Call Information:
Date: Thursday, May 14, 2026
Time: 8:30 AM Eastern Time
Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1763076&tp_key=54dd59e2e8
Participant Dial-In:
1-877-407-0752 or 1-201-389-0912
Call me™ Link: https://callme.viavid.com/viavid/?callme=true&passcode=13756265&h=true&info=company&r=true&B=6
Telephone Replay:
1-844-512-2921 or 1-412-317-6671
Access ID: 13760588
Replay Available Through: May 28, 2026, at 11:59 PM ET
About AtlasClear Holdings, Inc.
AtlasClear Holdings, Inc. (NYSE American: ATCH) is building a technology-enabled financial services platform designed for trading, clearing, settlement, and banking for emerging financial institutions and fintechs. Through its subsidiary Wilson-Davis & Co., Inc., a full-service correspondent broker-dealer registered with the SEC and FINRA, and its pending acquisition of Commercial Bancorp of Wyoming, AtlasClear seeks to deliver a vertically integrated suite of brokerage, clearing, risk management, regulatory, and commercial banking solutions. For more information, follow us on LinkedIn or X and visit www.atlasclear.com.
To stay up to date on AtlasClear’s platform strategy and market perspective, subscribe to the Company’s YouTube channel and watch the Clearing the View by AtlasClear video series.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings’ current views with respect to, among other things, its future operations and financial performance. Forward-looking statements in this communication may be identified by the use of words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions.
Forward-looking statements include, but are not limited to, statements regarding expected future growth, correspondent onboarding activity, strategic initiatives, the proposed acquisitions of Commercial Bancorp of Wyoming and Dawson James Securities, future financial performance, future capital markets activity, and the Company’s ability to execute on its business strategy. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially from those anticipated.
For additional information regarding risks and uncertainties, please refer to the Company’s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. AtlasClear undertakes no obligation to update or revise forward-looking statements, except as required by law.
Company Contact:
AtlasClear Holdings, Inc.
Email: AtlasClearIR@atlasclear.com
Investor Relations Contact:
Jeff Ramson, CEO
PCG Advisory, Inc.
Email: jramson@pcgadvisory.com
