Filing Flows › B&G Foods (BGS) › Q1 2026
B&G Foods (BGS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
B&G Foods (BGS) reported revenue of $409M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -24% from the quarter before. Operating margin was -2.7%, net loss $32.5M (8.0% of revenue).
B&G Foods, Q1 2026: revenue $409M (-4% year over year), operating margin -2.7%, net loss $32.5M, operating cash flow $23.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $409M | -24% | -4% |
| Operating profit | −$11.0M | -139% | -131% |
| Net earnings | −$32.5M | — | -3997% |
| Operating cash flow | $23.6M | -75% | -55% |
| Free cash flow | $18.7M | -79% | -56% |
What changed
Revenue was $408.9M in Q1 2026, down 4% year over year and down 24% from the previous quarter.
Gross margin was 19.5%, down 1.6 points from Q1 2025. Operating costs exceeded revenue by $11.0M, an operating margin of -2.7%. Operating expenses grew 67% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+696%). The quarter ended with a net loss of $32.5M, wider than the previous quarter's $15.2M loss. Net interest and other expense of $34.3M was the main reason.
Operating cash flow was $23.6M (down 55% year over year). Non-cash charges added back $15.0M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $38.3M. Capital expenditures of $4.9M left free cash flow of $18.7M.
Questions
What was B&G Foods' revenue in the first quarter 2026?
B&G Foods (BGS) reported revenue of $409M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -24% from the quarter before.
Was B&G Foods profitable in the first quarter 2026?
Operating loss was $11.0M (-2.7% of revenue) and net loss $32.5M.
Source: B&G Foods 10-Q on SEC EDGAR.