Filing Flows › Community Financial System (CBU) › Q1 2026
Community Financial System (CBU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Community Financial System (CBU) reported revenue of $213M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -1% from the quarter before. Operating margin was 35.0%, net earnings $57.2M (26.8% of revenue).
Community Financial System, Q1 2026: revenue $213M (+9% year over year), operating margin 35.0%, net earnings $57.2M, operating cash flow $71.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $213M | -1% | +9% |
| Operating profit | $74.6M | +4% | +16% |
| Net earnings | $57.2M | +5% | +15% |
| Operating cash flow | $71.6M | -15% | +14% |
| Free cash flow | $60.3M | -2% | +16% |
What changed
Revenue was $213.3M in Q1 2026, up 9% year over year and down 1% from the previous quarter.
Operating profit was $74.6M, a 35.0% margin (up 2.2 points year over year). Of the extra revenue versus Q1 2025, 61% reached operating profit, above the 33% margin then. Total costs grew 5% against revenue growth of 9%. Net earnings were $57.2M, up 15% year over year. The effective tax rate was 23.3%.
Operating cash flow was $71.6M (up 14% year over year), 125% of net earnings. Non-cash charges added back $9.5M of depreciation and amortization and $3.0M of share-based compensation. Capital expenditures of $11.3M left free cash flow of $60.3M.
Questions
What was Community Financial System's revenue in the first quarter 2026?
Community Financial System (CBU) reported revenue of $213M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -1% from the quarter before.
Was Community Financial System profitable in the first quarter 2026?
Operating profit was $74.6M (35.0% of revenue) and net earnings $57.2M.