Earth Science Tech, Inc. (OTC: ETST) announced financial results for the fiscal year ended March 31, 2026, posting revenue of $35.7 million, an 8% increase from the prior year, and net income of $3.6 million, up 11% compared with fiscal 2025. The company also reported gross profit of $25.5 million, a 5% rise, and total assets of $9.0 million, a 27% year-over-year increase, as it continues to expand its integrated healthcare platform.
The results underscore the company's strategy of building a vertically integrated healthcare platform that combines compounding pharmacy operations, telemedicine platforms, clinical support, and direct-to-patient fulfillment. Earth Science Tech operates as a diversified holding company focused on the health and wellness sector, with its core value proposition centered on seamless integration of patient care from consultation to fulfillment through specialized subsidiaries.
Management highlighted the company's capital allocation strategy, noting that it repurchased and retired more than 4 million shares during fiscal 2026 and more than 7.1 million shares through fiscal 2026 and subsequent periods. The company generated positive operating cash flow and strengthened its balance sheet without adding debt, according to the announcement.
“We remain focused on growth initiatives, product expansion and continued share repurchases as we enter fiscal 2027,” the company stated in the press release. The financial performance reflects Earth Science Tech's ability to grow revenue and earnings while simultaneously returning capital to shareholders through buybacks.
The company's healthcare operations are supported by investments in real estate and asset management activities, as well as a consumer products business. This diversified approach provides multiple revenue streams and operational synergies across its subsidiaries.
For investors seeking more details, the full press release is available at https://ibn.fm/NpjTw, and the latest news and updates relating to ETST can be found in the company’s newsroom at https://ibn.fm/ETST.
Earth Science Tech's results come amid a broader trend of healthcare companies integrating digital and traditional services to improve patient outcomes and operational efficiency. The company's ability to increase both revenue and net income while reducing share count through buybacks may be seen as a positive signal by investors focused on shareholder value.
