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DMC Global (BOOM) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 30, 2026

DMC Global (BOOM) reported revenue of $136M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -6% from the quarter before. Operating margin was -3.0%, net loss $6.8M (5.0% of revenue).

Revenue$136M
Year over year-15%
Quarter over quarter-6%
Operating margin-3.0%
Net earnings−$6.8M

DMC Global, Q1 2026: revenue $136M (-15% year over year), operating margin -3.0%, net loss $6.8M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$136M-6%-15%
Operating profit−$4.1M—-163%
Net earnings−$6.8M—-1106%
Operating cash flow−$2.4M-116%-153%

What changed

Revenue was $135.6M in Q1 2026, down 15% year over year and down 6% from the previous quarter. DynaEnergetics was the largest line at 44% of revenue. Arcadia Products lost $8.9M year over year (down 14%), 37% of the total change.

Gross margin was 18.8%, down 7.1 points from Q1 2025. Operating costs exceeded revenue by $4.1M, an operating margin of -3.0%. Operating expenses fell 15% while revenue fell 15%. The quarter ended with a net loss of $6.8M, narrower than the previous quarter's $11.9M loss. Minority interests bore $745K of it: to shareholders the quarter was a loss of $6.1M.

Operating cash flow was −$2.4M. Non-cash charges added back $8.1M of depreciation and amortization and $863K of share-based compensation. Working capital and other items used $4.5M. Capital expenditures of $2.1M exceeded it, leaving free cash flow of −$4.5M.

Questions

What was DMC Global's revenue in the first quarter 2026?

DMC Global (BOOM) reported revenue of $136M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -6% from the quarter before.

Was DMC Global profitable in the first quarter 2026?

Operating loss was $4.1M (-3.0% of revenue) and net loss $6.8M.

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Source: DMC Global 10-Q on SEC EDGAR.