Filing Flows › Pathward Financial (CASH) › Q1 FY26
Pathward Financial (CASH) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 5, 2026
Pathward Financial (CASH) reported revenue of $173M for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -7% from the quarter before. Operating margin was 24.6%, net earnings $35.2M (20.3% of revenue).
Pathward Financial, Q1 FY26: revenue $173M (-5% year over year), operating margin 24.6%, net earnings $35.2M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $173M | -7% | -5% |
| Operating profit | $42.7M | -12% | +18% |
| Net earnings | $35.2M | -9% | +17% |
| Operating cash flow | $108M | -64% | — |
| Free cash flow | $104M | -65% | — |
What changed
Revenue was $173.1M in Q1 FY26, down 5% year over year and down 7% from the previous quarter. Consumer was the largest line at 59% of revenue. Consumer lost $11.7M year over year (down 10%), 123% of the total change.
Operating profit was $42.7M, a 24.6% margin (up 4.8 points year over year). Total costs fell 11% while revenue fell 5%. Net earnings were $35.2M, up 17% year over year. The effective tax rate was 16.9%.
Operating cash flow was $108.3M, 305% of net earnings. Non-cash charges added back $13.4M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $56.6M. Capital expenditures of $4.2M left free cash flow of $104.1M.
Questions
What was Pathward Financial's revenue in the first quarter fiscal 2026?
Pathward Financial (CASH) reported revenue of $173M for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -7% from the quarter before.
Was Pathward Financial profitable in the first quarter fiscal 2026?
Operating profit was $42.7M (24.6% of revenue) and net earnings $35.2M.
Source: Pathward Financial 10-Q on SEC EDGAR.