Filing Flows › Bruker (BRKR) › Q1 2026
Bruker (BRKR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Bruker (BRKR) reported revenue of $823M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -16% from the quarter before. Operating margin was 1.2%, net earnings $14.4M (1.7% of revenue).
Bruker, Q1 2026: revenue $823M (+3% year over year), operating margin 1.2%, net earnings $14.4M, operating cash flow $71.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $823M | -16% | +3% |
| Gross profit | $380M | -15% | -3% |
| Operating profit | $10.2M | -87% | -68% |
| Net earnings | $14.4M | -45% | -17% |
| Operating cash flow | $71.2M | -69% | +10% |
| Free cash flow | $47.0M | — | +21% |
What changed
Revenue was $823.4M in Q1 2026, up 3% year over year and down 16% from the previous quarter. Bsi Calid was the largest line at 38% of revenue. Bsi Calid added $36.2M year over year (up 13%), 165% of the total change. Bsi Biospin declined 5%.
Gross margin was 46.1%, down 2.7 points from Q1 2025. Operating profit was $10.2M, a 1.2% margin (down 2.7 points year over year). Operating profit fell $21.6M even though revenue rose $22.0M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 3%. Net earnings were $14.4M, down 17% year over year. The effective tax rate was 13.7%. Non-operating items added $8.0M, 44% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $71.2M (up 10% year over year), 454% of net income including minority interests. Non-cash charges added back $58.3M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $8.8M. After purchases of property, plant and equipment ($24.2M), free cash flow as the company reports it was $47.0M.
Questions
What was Bruker's revenue in the first quarter 2026?
Bruker (BRKR) reported revenue of $823M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -16% from the quarter before.
Was Bruker profitable in the first quarter 2026?
Operating profit was $10.2M (1.2% of revenue) and net earnings $14.4M.
Source: Bruker 10-Q on SEC EDGAR.