Filing Flows › Apogee Enterprises (APOG) › Q1 FY26
Apogee Enterprises (APOG) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 2, 2025
Apogee Enterprises (APOG) reported revenue of $347M for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +0.3% from the quarter before. Operating margin was 2.0%, net loss $2.7M (0.8% of revenue).
Apogee Enterprises, Q1 FY26: revenue $347M (+5% year over year), operating margin 2.0%, net loss $2.7M, operating cash flow −$19.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $347M | +0.3% | +5% |
| Operating profit | $6.9M | +13% | — |
| Net earnings | −$2.7M | -208% | — |
| Operating cash flow | −$19.8M | -166% | — |
What changed
Revenue was $346.6M in Q1 FY26, up 5% year over year and roughly flat from the previous quarter. Architectural Metals was the largest line at 37% of revenue. Performance Surfaces added $21.0M year over year (up 99%), 139% of the total change. Architectural Glass declined 11%.
Gross margin was 21.7%, down 8.1 points from a year earlier. Operating profit was $6.9M, a 2.0% margin (down 10.5 points year over year). Operating profit fell $34.5M even though revenue rose $15.1M versus a year earlier, so costs grew faster than sales. Operating expenses grew 19% against revenue growth of 5%. The quarter ended with a net loss of $2.7M, after a profit of $2.5M the previous quarter. Net interest and other expense of $4.5M was the main reason.
Operating cash flow was −$19.8M. Non-cash charges added back $12.4M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $31.8M. Capital expenditures of $7.2M exceeded it, leaving free cash flow of −$26.9M.
Questions
What was Apogee Enterprises' revenue in the first quarter fiscal 2026?
Apogee Enterprises (APOG) reported revenue of $347M for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +0.3% from the quarter before.
Was Apogee Enterprises profitable in the first quarter fiscal 2026?
Operating profit was $6.9M (2.0% of revenue) and net loss $2.7M.
Source: Apogee Enterprises 10-Q on SEC EDGAR.