Filing Flows › Apogee Enterprises (APOG) › Q1 FY27 › vs Q4 FY26
Apogee Enterprises (APOG) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Apogee Enterprises's revenue fell $8.7M (-2%) from $351M in Q4 FY26 to $343M in Q1 FY27. The biggest changes: Architectural Metals +$12.4M (+11%); Architectural Services −$11.8M (-9%); Performance Surfaces −$10.0M (-18%). Gross margin 21.9% against 22.4% (-0.5 pts).
Apogee Enterprises, Q1 FY27: revenue $343M (-1% year over year), operating margin 5.5%, net earnings $11.5M, operating cash flow $7.4M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 21.9% | 22.4% | -0.5 pts |
| Operating margin | 5.5% | 7.3% | -1.8 pts |
| Net margin | 3.4% | 4.7% | -1.4 pts |
| Free cash flow margin | 0.3% | 13.3% | -13.0 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Architectural Metals | $122M | $110M | $12.4M | +11% |
| Architectural Services | $115M | $127M | −$11.8M | -9% |
| Architectural Glass | $60.7M | $60.0M | $739K | +1% |
| Performance Surfaces | $44.3M | $54.3M | −$10.0M | -18% |
| Revenue | $343M | $351M | −$8.7M | -2% |
| Gross profit | $75.0M | $78.7M | −$3.7M | -5% |
| Cost of revenue | $268M | $273M | −$5.0M | -2% |
| Operating profit | $18.8M | $25.8M | −$6.9M | -27% |
| Operating expenses | $56.2M | $53.0M | $3.2M | +6% |
| Pre-tax earnings | $15.9M | $23.0M | −$7.1M | -31% |
| Other expense, net | $2.9M | $2.8M | $121K | +4% |
| Net earnings | $11.5M | $16.6M | −$5.1M | -31% |
| Income tax | $4.4M | $6.4M | −$2.0M | -31% |
| Operating cash sources | $26.4M | $30.8M | −$4.4M | -14% |
| Depreciation & amortization | $12.6M | $12.5M | $37K | +0.3% |
| Share-based compensation | $2.3M | $1.7M | $633K | +38% |
| Working capital & other | $19.0M | −$25.0M | $44.0M | — |
| Operating cash flow | $7.4M | $55.8M | −$48.4M | -87% |
| Free cash flow (OCF − capex) | $1.1M | $46.9M | −$45.7M | -98% |
| Capital expenditures | $6.3M | $9.0M | −$2.7M | -30% |
Questions
How much did Apogee Enterprises's revenue grow quarter over quarter in Q1 FY27?
Apogee Enterprises's revenue fell $8.7M (-2%) from $351M in Q4 FY26 to $343M in Q1 FY27.
What drove Apogee Enterprises's revenue change in Q1 FY27?
Architectural Metals +$12.4M (+11%); Architectural Services −$11.8M (-9%); Performance Surfaces −$10.0M (-18%).