PCS Edventures! Announces Results for the Second Quarter of Fiscal Year 2026
MWN-AI** Summary
PCS Edventures!, Inc. recently announced its financial results for the second quarter of fiscal year 2026, which concluded on September 30, 2025. The company reported a substantial decline in revenue, dropping 32.5% to $1,529,503 compared to the same quarter last year. The gross margin slightly decreased to 58.0% from 59.7% in the previous year. Notably, the net income before tax provision fell to $0.00 million from $0.55 million a year earlier.
The company faced significant challenges due to adverse market conditions, primarily stemming from federal funding freezes for out-of-school-time programs and substantial changes in education policies. This situation was exacerbated by the expiration of ESSER (Elementary and Secondary School Emergency Relief) funds, which negatively impacted the company’s performance comparisons with the previous year.
Despite the difficult environment, management remains optimistic about the company’s long-term outlook. President Mike Bledsoe highlighted the team’s continuous investment in the business and the recent addition of Dr. Suzanne Dezego as Chief Operating Officer, positioning PCS for future growth. Sales through resellers saw a sharp decline of 63.6% during the quarter, indicating tougher market dynamics.
CEO Todd Hackett emphasized that despite these challenges, PCS maintained profitability and leveraged a strong balance sheet to invest in growth. The company repurchased 3.3% of its shares, signaling confidence in its future prospects. Looking ahead, PCS plans to launch a new educational drone in April 2026, which it anticipates will positively impact sales.
Overall, while facing headwinds, PCS Edventures! remains committed to navigating the challenges in the educational sector, with strategic investments aimed at enhancing its market position and expanding its service offerings in the STEM education space.
MWN-AI** Analysis
PCS Edventures! Inc. (OTCPK: PCSV) recently reported its Q2 FY 2026 financial results, revealing significant challenges with a 32.5% decline in revenue year-over-year, totaling $1,529,503. This drop can be largely attributed to a tougher market environment, particularly the freezing of federal funds for out-of-school-time programs and the expiration of ESSER funds. Despite these external pressures, PCS reported a gross margin of 58.0% and maintained net income stability at $0.00 million, which, although indicating no profit compared to the $0.55 million from the previous year, showcases resilience in a difficult operational climate.
One major positive takeaway is the company’s strategic move to repurchase 3.3% of its shares, reflecting confidence in its long-term growth trajectory despite short-term revenue struggles. CEO Todd Hackett's emphasis on their debt-free status and ongoing investments in innovation, including the anticipated launch of a new educational drone in April 2026, aligns with a long-term bullish outlook for the company.
However, cautious investors should consider the significant downturn in reseller sales, which dropped by 63.6%. This indicates potential market share loss or weakened demand, presenting risks in the current fiscal strategy.
Investors should monitor PCS Edventures! closely, especially with the upcoming launch of new products which could reignite sales momentum. Additionally, the overall education sector’s reliance on federal funding makes it imperative to stay attuned to regulatory developments and funding dynamics.
In summary, though PCS is navigating through a challenging fiscal period, its proactive management approach and innovation pipeline may herald a turnaround. A prudent strategy would involve keeping a watchful eye on upcoming product launches while assessing the broader economic context affecting educational funding.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
MERIDIAN, Idaho, Nov. 14, 2025 (GLOBE NEWSWIRE) -- PCS Edventures!, Inc. (“PCSV”), a leading provider of TK-12 Science, Technology, Engineering and Mathematics (“STEM”) education programs, today announced results of operations for its second quarter of fiscal year 2026, which ended on September 30, 2025.
Second Quarter FY 2026 Overview:
- Revenue decreased 32.5% to $1,529,503 in the second quarter of FY 2026 compared to the prior year.
- Gross margin of 58.0% in the second quarter of FY 2026 compared to 59.7% in the second quarter of FY 2025.
- Net income before income tax provision was $0.00 million in the second quarter of FY 2026 versus $0.55 million in the previous year same quarter.
- During the quarter, shares outstanding declined 3.3% as 3,967,283 shares were repurchased.
Mike Bledsoe, President, commented, “This quarter marked another difficult comparison to the year-ago period, as market conditions were much more positive a year ago than they were during the quarter ended September 30, 2025. The uncertainty that the freezing of federal funds for out-of-school-time programs had, and the significant changes in the federal education department being implemented created the difficult market environment during much of this calendar year. ESSER funds also expired during the same quarter last year, so this quarter’s comparison with last year was significantly disadvantaged. Yet, our team has been working hard, and we have been investing in the business while many others in our market are struggling. To bring this point home, our reseller sales were down 63.6% during the quarter ended September 30, 2025. We have brought on Dr. Suzanne Dezego as our Chief Operating Officer and have made other investments which will have significantly positive impacts on our long-term prospects. We anticipate releasing our new education drone in April of 2026 and are excited about its prospects. The wind has been in our face, but we will soon have it at our back.”
Todd Hackett, CEO, stated, “Despite enduring one of our market’s hardest environments while, at the same time, significantly investing in our business, PCS maintained profitability. PCS has no debt and has been leveraging our strong balance sheet to build while others pull back or go out of business. We’ve bought back more than 40% of our authorized buyback share amount at depressed prices and we will continue to invest in the business as we see many opportunities in our market.”
For more information about PCS Edventures!, Inc., visit our website .
Company financial information and reports can be found at https://www.sec.gov
About PCS Edventures!, Inc.
PCS Edventures!, Inc. (“OTCPK: PCSV”) is a Meridian, Idaho company that designs and delivers technology-rich products and services for the TK-12 market that develop 21st-century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, and Math (“STEM”). https://edventures.com/ .
Forward-Looking Statements.
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this Press Release. This Press Release should be considered in light of the disclosures contained in the filings of PCS and its “forward-looking statements” in such filings that are contained in the United States Securities and Exchange Commission (the “SEC”) Edgar Archives at https://www.sec.gov .
Contact.
Investor Contact: Michael Bledsoe 1.800.429.3110, [email protected]
Investor Relations Web Site: https://investors.edventures.com/
FAQ**
What specific strategies is Pcs Edventures!.Com Inc PCSV implementing to address the 32.5% revenue decrease in the second quarter of FY 2026, and how do they plan to improve sales moving forward?
With the substantial decline in reseller sales by 63.6% during the quarter, what are Pcs Edventures!.Com Inc PCSV’s plans to reinvigorate this area of their business and ensure long-term stability?
How does Pcs Edventures!.Com Inc PCSV plan to leverage the upcoming launch of their new education drone in April 2026 to enhance future revenue and market position?
Considering the challenging market conditions mentioned by management, how does Pcs Edventures!.Com Inc PCSV intend to capitalize on investment opportunities while maintaining profitability in the near term?
**MWN-AI FAQ is based on asking OpenAI questions about Pcs Edventures!.Com Inc (OTC: PCSV).
NASDAQ: PCSV
PCSV Trading
0.5% G/L:
$0.12 Last:
46,000 Volume:
$0.12 Open:
