Educational Development Corporation reported fiscal 2026 second‑quarter results for the quarter ended August 31 2025. Net revenues fell to $4.6 million from $6.5 million year‑over‑year, and average active PaperPie Brand Partners dropped to 5,800 from 13,900. Loss before income taxes was $1.8 million versus $2.5 million, and net loss was $1.3 million versus $1.8 million.
Year‑to‑date figures for the first half of fiscal 2026 show net revenues of $11.7 million compared with $16.5 million in the prior year, and average active PaperPie Brand Partners of 6,800 versus 13,700. Loss before income taxes was $3.2 million versus $4.2 million, and net loss was $2.4 million versus $3.1 million.
The company also confirmed that the buyer group for the Hilti Complex has provided official notice to proceed with the purchase of the property, marking a key step in the company’s debt‑elimination strategy.
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