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Crown Holdings (CCK) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 1, 2026

Crown Holdings (CCK) reported revenue of $3.3B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +4% from the quarter before. Operating margin was 11.2%, net earnings $175M (5.4% of revenue).

Revenue$3.3B
Year over year+13%
Quarter over quarter+4%
Operating margin11.2%
Net earnings$175M

Crown Holdings, Q1 2026: revenue $3.3B (+13% year over year), operating margin 11.2%, net earnings $175M, operating cash flow −$54.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.3B+4%+13%
Operating profit$365M-2%0%
Net earnings$175M+17%-9%
Operating cash flow−$54.0M-111%-486%

What changed

Revenue was $3.3B in Q1 2026, up 13% year over year and up 4% from the previous quarter.

Operating profit was $0.36B, a 11.2% margin (down 1.4 points year over year). Of the extra revenue versus Q1 2025, 0% reached operating profit, below the 13% margin then. Total costs grew 15% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+16%). Net earnings were $0.17B, down 9% year over year. The effective tax rate was 25.4%.

Operating cash flow was −$0.05B. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.39B. Capital expenditures of $0.09B exceeded it, leaving free cash flow of −$0.14B.

Questions

What was Crown Holdings' revenue in the first quarter 2026?

Crown Holdings (CCK) reported revenue of $3.3B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +4% from the quarter before.

Was Crown Holdings profitable in the first quarter 2026?

Operating profit was $365M (11.2% of revenue) and net earnings $175M.

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Source: Crown Holdings 10-Q on SEC EDGAR.