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AXIL on NYSE

Axil Brands, Inc.

Axil Brands, Inc. is an American perfumes company based in Beverly Hills, listed on NYSE (AXIL).1

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Last updated Oct 21, 2026.

Overview

$30.8MRevenue, fiscal 20262
$2.7MNet income, fiscal 20262

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  • TickerAXIL on NYSE1
  • IndustryPerfumes, Cosmetics & Other Toilet Preparations1
  • HeadquartersBeverly Hills, California1
  • Incorporated inDE3
  • Business address9150 Wilshire Boulevard, Unit 245, Beverly Hills, Ca 902123
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation

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Our goal is to achieve a level of work-related injuries as close to zero as possible through continuous investment in our safety program.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

69.3%Gross margin2
9.7%Operating margin2
8.8%Net margin2
17.5%Revenue growth, 20262
20.5%Return on equity2
-$89.0KFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Direct To Consumer brought in 65% of the revenue Axil Brands, Inc. broke down this way in fiscal 2026.

  1. Direct To Consumer$19.9M265%down 4% from 2025
  2. Retail and wholesale$10.8M235%up 101% from 2025
Products and services by year
Products and services20252026
Direct To Consumer$20.9M$19.9M
Retail and wholesale$5.4M$10.8M

Business segments

Hearing enhancement and protection brought in 96% of the revenue Axil Brands, Inc. broke down this way in fiscal 2026.

  1. Hearing enhancement and protection$29.6M296%up 20% from 2025
  2. Hair and skin care$1.2M24%down 22% from 2025
  3. Marketing Services$100.0K20%
Business segments by year
Business segments20252026
Hearing enhancement and protection$24.7M$29.6M
Hair and skin care$1.5M$1.2M
Marketing Services$100.0K

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue31¢$9.4M
  • Other costs59¢$18.3M
  • Income tax1¢$440.3K
  • Profit9¢$2.7M

Out of $30.8M in revenue.2

Financial statements

Revenue678910112$30.8M in 2026+3008% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $992.7K$992.7K20192020: $1.0M$1.0M2020+2%2021: $1.6M$1.6M2021+61%2022: $2.3M$2.3M2022+43%2023: $23.5M$23.5M2023+907%2024: $27.5M$27.5M2024+17%2025: $26.3M$26.3M2025−5%2026: $30.8M$30.8M2026+17%
Gross profit678910112$21.4M in 2026+4763% since 2019
0$10.0M$20.0M$30.0M2019: $439.7K$439.7K20192020: $531.9K$531.9K2020+21%2021: $1.0M$1.0M2021+94%2022: $1.5M$1.5M2022+46%2023: $17.7M$17.7M2023+1075%2024: $20.2M$20.2M2024+14%2025: $18.6M$18.6M2025−8%2026: $21.4M$21.4M2026+15%
Operating income678910112$3.0M in 2026
-$1.0M0$1.0M$2.0M$3.0M2019: -$149.6K-$149.6K20192020: -$171.1K-$171.1K2020+14%2021: -$321.1K-$321.1K2021+88%2022: -$211.4K-$211.4K2022−34%2023: $2.0M$2.0M20232024: $1.5M$1.5M2024−24%2025: $1.2M$1.2M2025−23%2026: $3.0M$3.0M2026+156%
Net income678910112$2.7M in 2026
-$1.0M0$1.0M$2.0M$3.0M2019: -$150.0K-$150.0K20192020: -$172.8K-$172.8K2020+15%2021: -$297.8K-$297.8K2021+72%2022: -$182.9K-$182.9K2022−39%2023: $1.8M$1.8M20232024: $2.0M$2.0M2024+10%2025: $855.0K$855.0K2025−57%2026: $2.7M$2.7M2026+216%

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2026-05-312025-05-31
Revenues, net$30.8M$26.3M
Cost of revenues$9.5M$7.6M
Gross profit$21.4M$18.6M
Sales and marketing$12.2M$11.5M
Compensation and related taxes$2.1M$2.0M
Research and development$7.0K
General and administrative$4.1M$4.1M
Total Operating Expenses$18.4M$17.5M
INCOME FROM OPERATIONS$3.0M$1.2M
Other income$30.5K$11.5K
Interest income$134.7K$139.8K
Interest expense and other finance charges-$2.6K-$3.9K
Other income, net$162.6K$147.5K
INCOME BEFORE PROVISION FOR INCOME TAXES$3.1M$1.3M
Provision for income taxes$440.3K$453.8K
NET INCOME$2.7M$855.0K
Basic$0.40$0.13
Diluted$0.33$0.10
Basic6.7M shares6.4M shares
Diluted8.3M shares8.2M shares

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Corporate structure

Axil Brands, Inc. sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Axil Brands, Inc.

  • Jeff Toghraie Filed SCHEDULE 13D/A on Axil Brands, Inc., latest Aug 20, 2026 (9 filings since Sep 9, 2022)
  • Jeffrey B. Brown Filed SCHEDULE 13D/A on Axil Brands, Inc., latest Nov 3, 2025 (5 filings since Oct 15, 2024)
  • Axil Brands, Inc. Beverly Hills, California
    • AXIL Distribution Company Subsidiary · Delaware, United States
    • Reviv3 ProCare Company Subsidiary · Delaware, United States
    • Sharper Vision Marketing Inc. Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Axil Brands, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Accumulated depreciation$251.5K2 May 31, 2026$149.6K2 May 31, 2025+68.1%
Property and equipment, net$389.7K2 May 31, 2026$412.3K2 May 31, 2025−5.5%
Operating-lease assets (leased space)$360.5K2 May 31, 2026$579.1K2 May 31, 2025−37.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.5M2 May 31, 2026$4.8M2 May 31, 2025−6.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.2M2 May 31, 2026$2.2M2 May 31, 20250%
Accumulated amortization-$389.1K2 May 31, 2026-$244.3K2 May 31, 2025−59.3%
Finite-lived intangibles, net$389.7K2 May 31, 2026$403.6K2 May 31, 2025−3.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$4.4M2 May 31, 2026$2.5M2 May 31, 2025+74.4%
Raw materials$134.3K2 May 31, 2026$23.8K2 May 31, 2025+463.8%
Finished goods$4.3M2 May 31, 2026$2.5M2 May 31, 2025+70.7%

Properties, in its own words

We lease approximately 2,793 rentable square feet of office space at 9150 Wilshire Boulevard, Suite 245, Beverly Hills, California 90212, serving as our principal offices. The lease commenced on November 1, 2024, and expires on January 31, 2029. Monthly base rent was $11,168 for the first 12 months, with scheduled increases thereafter. Rent is abated in months 2, 15, and 30. We believe this office space is in good condition and adequately supports our administrative and corporate functions.

We also lease approximately 6,050 square feet of office and warehouse space at 777 S. Auto Mall Drive, Unit 107, American Fork, Utah 84003, under a sublease agreement that began on October 1, 2024, and continues through September 30, 2027. Base rent was $7,684 per month for the first 12 months, with escalations thereafter. Rent was abated for three months in the first year. Additional estimated monthly charges of $1,210 are assessed for common area maintenance, taxes, and insurance. This facility supports operations for our three primary segments.

The rest of Item 2

We believe that these facilities are in good condition, adequately maintained, and suitable to meet our current business needs.

Item 2 of the 10-K filed Aug 18, 2026.5

Leadership

Who has led Axil Brands, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jeff Toghraie2022–now

Chair

  1. Jeff Toghraie2022–now

President

  1. Donald Starace2022

Chief financial officer

  1. Christopher Go2022
  2. Meenu Jain2022–2023
  3. Monica Diaz Brickell2023
2025
Board members and other officers (3)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerJEFF BROWN named Jun 30, 2022 to Mar 20, 202323
  • DirectorNancy Hunt named Jun 30, 202224

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AXIL Distribution Company Delaware4
  • Reviv3 ProCare Company Delaware4
  • Sharper Vision Marketing Inc. Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Reviv3 Procare CoOct 6, 2017 to Feb 13, 20243

Timeline

  1. Oct 6, 20268-K Results of operations25
  2. Aug 18, 20268-K Results of operations26
  3. Apr 8, 20268-K Results of operations27
  4. Jan 20, 20268-K Executive or director change28
  5. Jan 8, 20268-K Results of operations29
  6. Dec 17, 20258-K Shareholder vote30
  7. Oct 7, 20258-K Results of operations31
  8. Aug 21, 20258-K Results of operations32
  9. May 19, 20258-K Bylaws or fiscal year changed33
  10. Apr 8, 20258-K Results of operations34
  11. Mar 21, 20258-K Other events35
  12. Jan 8, 20258-K Results of operations36
  13. Sep 9, 2022New chief executive Jeff Toghraie becomes CEO15

Calendar

When it reported results

  1. Oct 6, 2026Reported quarterly or annual results25
  2. Aug 18, 2026Reported quarterly or annual results26
  3. Apr 8, 2026Reported quarterly or annual results27
  4. Jan 8, 2026Reported quarterly or annual results29
  5. Oct 7, 2025Reported quarterly or annual results31
  6. Aug 21, 2025Reported quarterly or annual results32
  7. Apr 8, 2025Reported quarterly or annual results34
  8. Jan 8, 2025Reported quarterly or annual results36

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

134 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 40 major events, 39 insider forms, 14 large holders, 3 private raises, 17 other. The latest 20:

  1. Oct 6, 20268-K EDGAR
  2. Oct 6, 202610-Q FORM 10-Q FOR PERIOD ENDING AUGUST 31, 2026 EDGAR
  3. Aug 20, 2026SCHEDULE 13D/A EDGAR
  4. Aug 18, 20268-K CURRENT REPORT EDGAR
  5. Aug 18, 202610-K FORM 10-K FOR PERIOD ENDED MAY 31, 2026 EDGAR
  6. Apr 8, 20268-K CURRENT REPORT EDGAR
  7. Apr 8, 202610-Q FORM 10-Q FOR PERIOD ENDING FEBRUARY 28, 2026 EDGAR
  8. Mar 4, 20264 EDGAR
  9. Jan 20, 20264 EDGAR
  10. Jan 20, 20263 EDGAR
  11. Jan 20, 20264 EDGAR
  12. Jan 20, 20268-K CURRENT REPORT EDGAR
  13. Jan 8, 20268-K CURRENT REPORT EDGAR
  14. Jan 8, 202610-Q 10-Q FOR PERIOD ENDING NOVEMBER 30/2025 EDGAR
  15. Dec 17, 20258-K CURRENT REPORT EDGAR
  16. Nov 3, 2025SCHEDULE 13D/A EDGAR
  17. Nov 3, 20254 EDGAR
  18. Oct 30, 2025SCHEDULE 13D/A EDGAR
  19. Oct 30, 20254 EDGAR
  20. Oct 23, 2025ARS EDGAR

The 134 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

5 open-market trades by officers, directors and large owners since October 2021: 1 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Oct 18, 2023TOGHRAIE JEFFChairman, CEOBuy2,100,000$0.12$252.0KForm 4
Oct 18, 2023HUNDT NANCYDirectorSale2,100,000$0.12$252.0KForm 4
Feb 10, 2023Brown Jeffrey B.CFO, COOSale2,500$0.42$1.1KForm 4
Feb 8, 2023Brown Jeffrey B.CFO, COOSale2,655$0.45$1.2KForm 4
Jan 30, 2023Brown Jeffrey B.CFO, COOSale1,000$0.29$290Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Jeff ToghraieSCHEDULE 13D/A, 9 filings Sep 9, 2022 to Aug 20, 202637
  • Jeffrey B. BrownSCHEDULE 13D/A, 5 filings Oct 15, 2024 to Nov 3, 202538

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jeff ToghraieChief Executive Officer and Chairman58$1.4M$1.6M39
2025Jeff BrownChief Operating Officer, Chief Financial Officer, and Director43$144.0K$1.3M39
2024Jeff BrownChief Operating Officer, Chief Financial Officer, and Director43$144.0K$211.0K39

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$32.8M 2022–2023
Money received by yearMoney received by year, 2022–2023: $32.8M in all. Private raises (Form D) $32.8M.$0$10M$20M$30M$40M2022 · Private raises (Form D): $32.3M20222023 · Private raises (Form D): $447.9K2023
Figures by year
YearPrivate raises (Form D)Total
2023$447.9K$447.9K
2022$32.3M$32.3M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Feb 23, 2023Raised $447,851 in a private offering of equity23 Form D: 17 investors so far Form D
  2. Jun 16, 2022Raised $32.3 million in a private offering of equity24 Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Private Advisory Group LLC334,756$2.2M0.1%No change
Soltis Investment Advisors LLC180,002$1.2M0.1%No change
Diversify Advisory Services, LLC164,331$986.0K0.0%New
Diversify Wealth Management, LLC164,331$986.0K0.0%−22,125
Vanguard Capital Management LLC70,379$471.5K0.0%+10,687
Wells Fargo & Company/mn39,688$265.9K0.0%No change
Geode Capital Management, LLC38,260$256.3K0.0%No change
Vanguard Fiduciary Trust Co19,781$132.5K0.0%+145
BlackRock, Inc.13,605$91.2K0.0%+3,480
Citadel Advisors LLC13,039$87.4K0.0%New
State Street Corp12,674$84.9K0.0%No change
Cetera Investment Advisers11,000$73.7K0.0%−2,000
UBS Group AG2,665$17.9K0.0%+2,645
Barclays PLC22$1470.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Axil Brands, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAxil Brands, Inc.1
  • CIK0001718500
  • Employer ID (EIN)47-41252185
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsMay 311
  • Industry code (SIC)2844 Perfumes, Cosmetics & Other Toilet Preparations1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address9150 Wilshire Boulevard, Unit 245, Beverly Hills, CA 902121
  • Phone888-638-88831
  • Shares outstanding6,822,681 as of Oct 2, 202614
  • Public float$20.7M as of Nov 28, 20255
  • AuditorSALBERG & COMPANY, P.A., Boca Raton, Florida PCAOB ID 106; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceOct 6, 20171
  • Filings168 in all: 8-K (39), 10-Q (27), 4 (27), 3 (12), 10-K (9), SC 13D/A (6), SCHEDULE 13D/A (5), CORRESP (4)1
    All 29 form types

    UPLOAD (4), D (3), DEF 14C (3), PRE 14C (3), SC 13D (3), 10-Q/A (2), ARS (2), DEF 14A (2), DEFA14A (2), EFFECT (2), S-1/A (2), S-8 (2), 10-K/A (1), 3/A (1), 8-A12B (1), 8-A12G (1), 8-K/A (1), CERT (1), D/A (1), POS AM (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Aug 18, 2026
    Quarterly report (10-Q) Oct 6, 2026
    Proxy statement (DEF 14A) Oct 23, 2025
    Latest 8-K (8-K) Oct 6, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.0001 par value per shareAXILNYSE

From the cover page of the 10-K filed Aug 18, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Axil Brands, Inc. names in Item 1A of its 10-K filed Aug 18, 2026: 14 risks under these headings, as written.5

  • Risks Related to Our Business and Operations
  • Our future operations and growth depends on successful execution of our strategic initiatives and market acceptance of our products.
  • We generate a significant portion of our sales from a limited number of customers.
  • We are highly dependent on a small number of personnel.
  • Risks Related to Our Supply Chain and Cost Structure
  • We are subject to inflationary pressures and supply chain risks.
  • Inaccurate forecasting may lead to excess inventory or stockouts.
  • We rely on a limited number of suppliers for certain key components and raw materials.
  • Risks Related to Legal and Regulatory Matters
  • Our business and the products we sell are subject to complex and evolving regulations.
  • Changes in U.S. and international trade policies, including tariffs and import rules, could increase our costs and disrupt operations.
  • We may not be able to maintain effective internal control over financial reporting.
The other 5 risks
  • Risks Related to Our Capital and Securities
  • We may need additional capital, which may not be available or may dilute existing stockholders.
  • The issuance of convertible securities may dilute our common stockholders.
  • Our common stock price may be volatile and as a result may not be attractive to investors.
  • Risks Related to Technology and Cybersecurity
  • A failure of our IT systems or a cybersecurity breach could disrupt our business.
  • Risks Related to Macroeconomic and External Conditions
  • Economic downturns or shifts in consumer behavior may reduce consumer demand for our products.

Legal proceedings

From time to time, we become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. Where it is probable that we will incur a loss and the amount of the loss can be reasonably estimated, we record a liability in our financial statements. In evaluating matters for accrual and disclosure purposes, we take into consideration factors such as our historical experience with matters of a similar nature, the specific facts and circumstances asserted, the likelihood of our prevailing, the availability of insurance, and the severity of any potential loss. We reevaluate and update accruals as matters progress over time. These legal accruals may be increased or decreased to reflect any relevant developments on a quarterly basis. Where a loss is not probable or the amount of the loss is not estimable, we do not record an accrual, consistent with applicable accounting guidance. In the opinion of management, while the outcome of such claims and disputes cannot be predicted with certainty, our ultimate liability in connection with these matters is not expected to have a material adverse effect on our results of operations, financial position or cash flows, and the amounts accrued for any individual matter are not material. However, legal proceedings are inherently uncertain, and there can be no assurance that any expense, liability, or damages that may ultimately result from the resolution of these matters will be covered by our insurance or will not be in excess of amounts recognized or provided by insurance coverage. As a result, the outcome of a particular matter or a combination of matters may be material to our results of operations for a particular period, depending upon the size of the loss or our income for that particular period.

The opening of Item 3, Legal Proceedings.5

Sources

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    SEC EDGAROther events
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