Filing Flows › First Busey (BUSE) › Q1 2026
First Busey (BUSE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
First Busey (BUSE) reported revenue of $196M for the first quarter 2026 (Q1 2026), +57% from a year earlier and -2% from the quarter before. Operating margin was 32.4%, net earnings $50.0M (25.5% of revenue).
First Busey, Q1 2026: revenue $196M (+57% year over year), operating margin 32.4%, net earnings $50.0M, operating cash flow $51.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $196M | -2% | +57% |
| Operating profit | $63.7M | -18% | — |
| Net earnings | $50.0M | -18% | — |
| Operating cash flow | $51.5M | -29% | +515% |
| Free cash flow | $49.1M | -25% | +645% |
What changed
Revenue was $196.2M in Q1 2026, up 57% year over year and down 2% from the previous quarter.
Operating profit was $63.7M, a 32.4% margin (up 58.6 points year over year). Total costs fell 16% while revenue rose 57%. Net earnings were $50.0M. The effective tax rate was 21.5%.
Operating cash flow was $51.5M (up 515% year over year), 103% of net earnings. Non-cash charges added back $3.6M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $6.2M. Capital expenditures of $2.5M left free cash flow of $49.1M.
Questions
What was First Busey's revenue in the first quarter 2026?
First Busey (BUSE) reported revenue of $196M for the first quarter 2026 (Q1 2026), +57% from a year earlier and -2% from the quarter before.
Was First Busey profitable in the first quarter 2026?
Operating profit was $63.7M (32.4% of revenue) and net earnings $50.0M.
Source: First Busey 10-Q on SEC EDGAR.