Filing Flows › Camden National (CAC) › Q1 2026
Camden National (CAC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Camden National (CAC) reported revenue of $64.3M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -5% from the quarter before. Operating margin was 43.6%, net earnings $21.9M (34.0% of revenue).
Camden National, Q1 2026: revenue $64.3M (+7% year over year), operating margin 43.6%, net earnings $21.9M, operating cash flow $20.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.3M | -5% | +7% |
| Operating profit | $28.1M | -0.5% | +355% |
| Net earnings | $21.9M | -3% | +199% |
| Operating cash flow | $20.0M | -4% | 19× |
| Free cash flow | $18.2M | -4% | — |
What changed
Revenue was $64.3M in Q1 2026, up 7% year over year and down 5% from the previous quarter.
Operating profit was $28.1M, a 43.6% margin (up 33.4 points year over year). Of the extra revenue versus Q1 2025, 511% reached operating profit, above the 10% margin then. Total costs fell 33% while revenue rose 7%. Net earnings were $21.9M, up 199% year over year. The effective tax rate was 22.1%.
Operating cash flow was $20.0M (up 1835% year over year), 91% of net earnings. Non-cash charges added back $730K of share-based compensation. Working capital and other items used $2.6M. Capital expenditures of $1.8M left free cash flow of $18.2M.
Questions
What was Camden National's revenue in the first quarter 2026?
Camden National (CAC) reported revenue of $64.3M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -5% from the quarter before.
Was Camden National profitable in the first quarter 2026?
Operating profit was $28.1M (43.6% of revenue) and net earnings $21.9M.
Source: Camden National 10-Q on SEC EDGAR.