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Atmos Energy (ATO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 3, 2026
Atmos Energy (ATO) reported revenue of $1.3B for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and +82% from the quarter before. Operating margin was 38.3%, net earnings $403M (30.0% of revenue).
Atmos Energy, Q1 FY26: revenue $1.3B (+14% year over year), operating margin 38.3%, net earnings $403M, operating cash flow $308M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +82% | +14% |
| Operating profit | $515M | +135% | +12% |
| Net earnings | $403M | +130% | +15% |
| Operating cash flow | $308M | -12% | +9% |
What changed
Revenue was $1.3B in Q1 FY26, up 14% year over year and up 82% from the previous quarter. Distribution segment was the largest line at 94% of revenue. Distribution segment added $0.15B year over year (up 13%), 90% of the total change.
Operating profit was $0.51B, a 38.3% margin (down 0.7 points year over year). Of the extra revenue versus a year earlier, 33% reached operating profit, below the 39% margin then. Total costs grew 16% against revenue growth of 14%. Net earnings were $0.40B, up 15% year over year. The effective tax rate was 20.0%.
Operating cash flow was $0.31B (up 9% year over year), 76% of net earnings. Non-cash charges added back $0.19B of depreciation and amortization. Working capital and other items used $0.29B. Capital expenditures of $1.0B exceeded it, leaving free cash flow of −$0.73B.
Questions
What was Atmos Energy's revenue in the first quarter fiscal 2026?
Atmos Energy (ATO) reported revenue of $1.3B for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and +82% from the quarter before.
Was Atmos Energy profitable in the first quarter fiscal 2026?
Operating profit was $515M (38.3% of revenue) and net earnings $403M.
Source: Atmos Energy 10-Q on SEC EDGAR.