Filing Flows › American Eagle Outfitters (AEO) › Q1 FY26
American Eagle Outfitters (AEO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 5, 2025
American Eagle Outfitters (AEO) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -32% from the quarter before. Operating margin was -7.8%, net loss $65.4M (6.0% of revenue).
American Eagle Outfitters, Q1 FY26: revenue $1.1B (-5% year over year), operating margin -7.8%, net loss $65.4M, operating cash flow −$54.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -32% | -5% |
| Operating profit | −$85.2M | -160% | — |
| Net earnings | −$65.4M | -163% | — |
| Operating cash flow | −$54.7M | -114% | — |
What changed
Revenue was $1.1B in Q1 FY26, down 5% year over year and down 32% from the previous quarter.
Gross margin was 29.6%, down 11.0 points from a year earlier. Operating costs exceeded revenue by $0.09B, an operating margin of -7.8%. Operating expenses grew 5% against a revenue fall of 5%. The fastest-growing cost line was Other operating costs (+30%). The quarter ended with a net loss of $0.07B, after a profit of $0.10B the previous quarter.
Operating cash flow was −$0.05B. Non-cash charges added back $0.05B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.12B.
Questions
What was American Eagle Outfitters' revenue in the first quarter fiscal 2026?
American Eagle Outfitters (AEO) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -32% from the quarter before.
Was American Eagle Outfitters profitable in the first quarter fiscal 2026?
Operating loss was $85.2M (-7.8% of revenue) and net loss $65.4M.