Cheetah Reports Strong Revenue Growth in Q3 2026
News related to:Cheetah Net Supply Chain Service Inc · 3 min read
IRVINE, Calif., Nov. 13, 2026 /CourierPR/ -- Cheetah Net Supply Chain Service Inc. reported significant financial results for the quarter ended September 30, 2026, marking a substantial increase in total revenue to $3,557,805, up from $361,935 in the corresponding period of the previous year, representing an 883.0% increase. The company also reported a decrease in its operating loss to $821,890 for the quarter, compared to a loss of $1,564,479 in the same period last year, marking a 47.5% reduction.
Looking ahead, Cheetah remains committed to disciplined capital allocation, prudent financial management, and the pursuit of strategic opportunities that complement its existing capabilities. The company believes that its continued efforts to diversify its revenue streams and strengthen its operating platform will position the company for sustainable long-term growth.
For the quarter, the company's logistics and warehousing services segment reported revenue of $nil, a decrease from $361,935 in the previous year. The decrease was primarily due to the disposition of Edward and the expiration of TWEW's legacy customer service contracts during late 2025 and early 2026, which were not renewed on their original terms. As of the date of this release, TWEW is renegotiating logistics and labor services arrangements with customers that had business relationships with TWEW prior to its acquisition, and letters of intent and draft contracts with certain of these customers are in the process of being executed.
The company's international trading segment, which includes revenue from Super International Trading Limited, which was acquired in May, reported revenue of $3,557,805, an increase from $nil in the previous year. The increase was primarily due to the expansion of the company's international trading business following the acquisition of Super International.
In terms of financial performance, the gross profit for the quarter ended September 30, 2026, was $nil, a decrease of $44,178, or 100.0%, from $44,178 for the quarter ended September 30, 2025. General and administrative expenses for the company's continuing operations-logistics and warehousing services segment decreased by $90,368, or 84.1%, to $17,068 for the quarter ended September 30, 2026 from $107,436 for the quarter ended September 30, 2025. The decrease was mainly due to the disposal of Edward in 2026.
General and administrative expenses for the company's continuing operations-international trading segment increased to $23,349 for the quarter ended September 30, 2026 from $nil for the quarter ended September 30, 2025. The increase was mainly due to the commencement of the company's international trading operations following the acquisition of Super International on May 27, 2026.
The company's corporate unallocated operating adjustments segment reported an increase in general and administrative expenses of $354,870, or 51.1%, to $1,048,697 for the quarter ended September 30, 2026 from $693,827 for the quarter ended September 30, 2025. The increase was mainly due to travel and entertainment expenses and legal and accounting fees and other general and administrative expenses.
Share-based compensation expenses were $14,183 for the quarter ended September 30, 2026, compared to $76,087 for the quarter ended September 30, 2025, representing a decrease of $61,904, or 81.4%. Interest income from continuing operations was $398,232 for the quarter ended September 30, 2026, compared to $244,776 for the quarter ended September 30, 2025, representing an increase of $153,456, or 62.7%. The increase was primarily due to an increase in average outstanding loan balances as the company made additional loans to third parties, resulting in higher interest income.
Net other income from continuing operations was $666,508 for the quarter ended September 30, 2026, compared to $12,902 for the quarter ended September 30, 2025, representing an increase of $653,606, or 5,065.9%. The increase was primarily driven by higher foreign exchange gains resulting from currency rate fluctuations.