Filing Flows › Cabot (CBT) › Q1 FY26
Cabot (CBT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 4, 2026
Cabot (CBT) reported revenue of $849M for the first quarter fiscal 2026 (Q1 FY26), -11% from a year earlier and -6% from the quarter before. Operating margin was 15.2%, net earnings $73.0M (8.6% of revenue).
Cabot, Q1 FY26: revenue $849M (-11% year over year), operating margin 15.2%, net earnings $73.0M, operating cash flow $126M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $849M | -6% | -11% |
| Gross profit | $211M | -4% | -10% |
| Operating profit | $129M | -6% | -17% |
| Net earnings | $73.0M | +70% | -22% |
| Operating cash flow | $126M | -42% | +2% |
| Free cash flow | $57.0M | — | — |
What changed
Revenue was $849.0M in Q1 FY26, down 11% year over year and down 6% from the previous quarter.
Gross margin was 24.9%, up 0.2 points from a year earlier. Operating profit was $129.0M, a 15.2% margin (down 1.0 points year over year). Operating expenses grew 2% against a revenue fall of 11%. Net earnings were $73.0M, down 22% year over year. The effective tax rate was 31.1%.
Operating cash flow was $126.0M (up 2% year over year), 154% of net income including minority interests. Non-cash charges added back $41.0M of depreciation and amortization and $3.0M of share-based compensation. After additions to property, plant and equipment ($69.0M), free cash flow as the company reports it was $57.0M.
Questions
What was Cabot's revenue in the first quarter fiscal 2026?
Cabot (CBT) reported revenue of $849M for the first quarter fiscal 2026 (Q1 FY26), -11% from a year earlier and -6% from the quarter before.
Was Cabot profitable in the first quarter fiscal 2026?
Operating profit was $129M (15.2% of revenue) and net earnings $73.0M.
Source: Cabot 10-Q on SEC EDGAR.