Greystone Logistics, Inc. GLGI

FY2026 · ended May 31, 2026 · Revenue $27.54M, -52.4% YoY · Filed Aug 31, 2026

Greystone Logistics, Inc. (GLGI) files with the SEC under industry code 3559, Special Industry Machinery, NEC. In fiscal 2026, which ended May 31, 2026, it reported revenue of $27.5 million and a net loss of $8.2 million. Free cash flow was -$3.5 million. As of Aug 31, 2026 it held $2.3 million in cash and investments and $15.6 million in total debt.

Revenue
$27.54M
-52.4% vs prior year
Net income
$-8.24M
-450.3% vs prior year
Operating cash flow
$-1.48M
-114.4% vs prior year
Free cash flow
$-3.46M
-176.2% vs prior year
EPS
$-0.30
-528.6% vs prior year
Dividend per share
None
Shares outstanding
27.27M
+0.0% vs prior year
Net cash
$-13.30M
as of Aug 31, 2026
Operating margin
-28.2%
FY 2026

Company profile

Industry
Special Industry Machinery, NEC (SIC 3559)
Listed as
GLGI (OTC)
Fiscal year ends
May 31
Headquarters
Tulsa, OK
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1088413
Former names
PALWEB CORP (until Apr 14, 2005)

Other Special Industry Machinery, NEC companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2026
May 31, 2026
FY 2025
May 31, 2025
FY 2024
May 31, 2024
FY 2023
May 31, 2023
FY 2022
May 31, 2022
Revenue
$27.5M
$57.9M
$61.8M
$60.8M
$74.2M
Operating income
-$7.8M
$4.3M
$7.1M
$4.2M
$2.6M
Net income
-$8.2M
$2.4M
—
$6.4M
$4.5M
Diluted EPS
-$0.30
$0.07
$0.15
$0.20
$0.13
Operating cash flow
-$1.5M
$10.3M
$12.4M
$3.9M
$6.6M
Free cash flow
-$3.5M
$4.5M
$9.6M
-$5.3M
$506,840
Total assets
$37.4M
$46.0M
$52.3M
$49.5M
$45.7M
Total liabilities
$25.8M
$26.1M
—
—
—
Stockholders' equity
$11.5M
$19.9M
—
$19.5M
$13.7M
Cash and investments
$511,915
$1.5M
$5.8M
$695,951
—
Total debt
$18.5M
$16.3M
$18.9M
$22.6M
$15.7M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Officer or director change
Nov 2, 2026 Oct 30, 2026
10-Q Quarterly report Oct 15, 2026 Aug 31, 2026
10-K Annual report Aug 31, 2026 May 31, 2026
10-Q Quarterly report Apr 14, 2026 Feb 28, 2026
10-Q Quarterly report Jan 14, 2026 Nov 30, 2025
10-Q Quarterly report Oct 15, 2025 Aug 31, 2025

Source: SEC EDGAR filings. This is company-reported data, not investment advice.