Haivision Q3 Revenue Slips 1.4% as Supply Chain Squeezes Margins
Montreal – September 15, 2026 -- Haivision Systems Inc. (TSX: HAI) reported third-quarter revenue of $34.5 million, down 1.4% year-over-year, as gross margins compressed to 69.4% from 72.0% amid escalating component costs and supply-chain disruptions.
Operating loss widens to $1.7 million in the quarter
The video networking provider swung to an operating loss of $1.7 million in Q3, compared with operating income of $0.3 million in the prior-year period. Total expenses rose to $25.7 million, up $0.8 million year-over-year. Adjusted EBITDA fell $2.0 million to $1.5 million, with the margin dropping to 4.3% from 10.1%.
Net loss hits $2.1 million versus prior-year profit
Haivision posted a net loss of $2.1 million for the three months ended July 31, 2026, reversing net income of $0.2 million a year earlier. Management attributed the swing to a $1.2 million decline in gross profit combined with higher operating costs.