Filing Flows › BJ's Wholesale Club Holdings (BJ) › Q1 FY26
BJ's Wholesale Club Holdings (BJ) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed May 29, 2025
BJ's Wholesale Club Holdings (BJ) reported revenue of $5.2B for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and -2% from the quarter before. Operating margin was 4.0%, net earnings $150M (2.9% of revenue).
BJ's Wholesale Club Holdings, Q1 FY26: revenue $5.2B (+5% year over year), operating margin 4.0%, net earnings $150M, operating cash flow $208M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | -2% | +5% |
| Operating profit | $204M | +14% | +27% |
| Net earnings | $150M | +22% | +35% |
| Operating cash flow | $208M | -23% | +4% |
| Free cash flow | $67.6M | — | -29% |
What changed
Revenue was $5.2B in Q1 FY26, up 5% year over year and down 2% from the previous quarter. Net sales was the largest line at 98% of revenue. Net sales added $0.23B year over year (up 5%), 96% of the total change.
Operating profit was $0.20B, a 4.0% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, above the 3% margin then. Total costs grew 4% against revenue growth of 5%. Net earnings were $0.15B, up 35% year over year. The effective tax rate was 22.2%.
Operating cash flow was $0.21B (up 4% year over year), 139% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.02B. After additions to property and equipment, net of disposals ($0.14B), adjusted free cash flow as the company reports it was $0.07B.
Questions
What was BJ's Wholesale Club Holdings' revenue in the first quarter fiscal 2026?
BJ's Wholesale Club Holdings (BJ) reported revenue of $5.2B for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and -2% from the quarter before.
Was BJ's Wholesale Club Holdings profitable in the first quarter fiscal 2026?
Operating profit was $204M (4.0% of revenue) and net earnings $150M.