Filing Flows › Bread Financial Holdings (BFH) › Q1 2026
Bread Financial Holdings (BFH) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Bread Financial Holdings (BFH) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +5% from a year earlier and +4% from the quarter before. Operating margin was 23.9%, net earnings $181M (17.8% of revenue).
Bread Financial Holdings, Q1 2026: revenue $1.0B (+5% year over year), operating margin 23.9%, net earnings $181M, operating cash flow $487M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +4% | +5% |
| Operating profit | $243M | +406% | +26% |
| Net earnings | $181M | +235% | +31% |
| Operating cash flow | $487M | -14% | +24% |
What changed
Revenue was $1.0B in Q1 2026, up 5% year over year and up 4% from the previous quarter.
Operating profit was $0.24B, a 23.9% margin (up 4.0 points year over year). Of the extra revenue versus Q1 2025, 104% reached operating profit, above the 20% margin then. Total costs fell 0% while revenue rose 5%. Net earnings were $0.18B, up 31% year over year. The effective tax rate was 25.5%.
Operating cash flow was $0.49B (up 24% year over year), 269% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.27B.
Questions
What was Bread Financial Holdings' revenue in the first quarter 2026?
Bread Financial Holdings (BFH) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +5% from a year earlier and +4% from the quarter before.
Was Bread Financial Holdings profitable in the first quarter 2026?
Operating profit was $243M (23.9% of revenue) and net earnings $181M.