Filing Flows › Alpha Pro Tech (APT) › Q1 2026
Alpha Pro Tech (APT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Alpha Pro Tech (APT) reported revenue of $14.6M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +5% from the quarter before. Operating margin was 4.0%, net earnings $702K (4.8% of revenue).
Alpha Pro Tech, Q1 2026: revenue $14.6M (+6% year over year), operating margin 4.0%, net earnings $702K, operating cash flow $12K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.6M | +5% | +6% |
| Gross profit | $5.5M | +7% | +2% |
| Operating profit | $580K | -39% | +27% |
| Net earnings | $702K | +0.6% | +15% |
| Operating cash flow | $12K | -96% | — |
What changed
Revenue was $14.6M in Q1 2026, up 6% year over year and up 5% from the previous quarter.
Gross margin was 37.8%, down 1.2 points from Q1 2025. Operating profit was $580K, a 4.0% margin (up 0.7 points year over year). Of the extra revenue versus Q1 2025, 16% reached operating profit, above the 3% margin then. Operating expenses fell 0% while revenue rose 6%. Net earnings were $702K, up 15% year over year. The effective tax rate was 20.7%. Non-operating items added $305K, 34% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $12K, 2% of net earnings. Non-cash charges added back $250K of depreciation and amortization and $132K of share-based compensation. Working capital and other items used $1.1M. Capital expenditures of $117K exceeded it, leaving free cash flow of −$105K.
Questions
What was Alpha Pro Tech's revenue in the first quarter 2026?
Alpha Pro Tech (APT) reported revenue of $14.6M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +5% from the quarter before.
Was Alpha Pro Tech profitable in the first quarter 2026?
Operating profit was $580K (4.0% of revenue) and net earnings $702K.
Source: Alpha Pro Tech 10-Q on SEC EDGAR.