Filing Flows › Buckle (BKE) › Q1 FY26
Buckle (BKE) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 12, 2025
Buckle (BKE) reported revenue of $272M for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and -28% from the quarter before. Operating margin was 16.0%, net earnings $35.2M (12.9% of revenue).
Buckle, Q1 FY26: revenue $272M (+4% year over year), operating margin 16.0%, net earnings $35.2M, operating cash flow $31.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $272M | -28% | +4% |
| Gross profit | $127M | -36% | +5% |
| Operating profit | $43.5M | -55% | +3% |
| Net earnings | $35.2M | -54% | +1% |
| Operating cash flow | $31.0M | -74% | +4% |
| Free cash flow | $19.6M | -82% | +3% |
What changed
Revenue was $272.1M in Q1 FY26, up 4% year over year and down 28% from the previous quarter.
Gross margin was 46.7%, up 0.7 points from a year earlier. Operating profit was $43.5M, a 16.0% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, below the 16% margin then. Operating expenses grew 7% against revenue growth of 4%. The fastest-growing cost line was General & admin (+11%). Net earnings were $35.2M, up 1% year over year. The effective tax rate was 24.5%.
Operating cash flow was $31.0M (up 4% year over year), 88% of net earnings. Non-cash charges added back $5.9M of depreciation. Working capital and other items used $10.1M. Capital expenditures of $11.4M left free cash flow of $19.6M.
Questions
What was Buckle's revenue in the first quarter fiscal 2026?
Buckle (BKE) reported revenue of $272M for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and -28% from the quarter before.
Was Buckle profitable in the first quarter fiscal 2026?
Operating profit was $43.5M (16.0% of revenue) and net earnings $35.2M.
Source: Buckle 10-Q on SEC EDGAR.