Filing Flows › Ceco Environmental (CECO) › Q1 2026
Ceco Environmental (CECO) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Ceco Environmental (CECO) reported revenue of $206M for the first quarter 2026 (Q1 2026), +17% from a year earlier and -4% from the quarter before. Operating margin was 0.9%, net loss $248K (0.1% of revenue).
Ceco Environmental, Q1 2026: revenue $206M (+16% year over year), operating margin 0.9%, net loss $248K, operating cash flow −$13.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $206M | -4% | +17% |
| Operating profit | $1.9M | -89% | -97% |
| Net earnings | −$248K | -108% | -101% |
| Operating cash flow | −$13.1M | -232% | — |
What changed
Revenue was $205.9M in Q1 2026, up 17% year over year and down 4% from the previous quarter.
Gross margin was 31.0%, down 4.1 points from Q1 2025. Operating profit was $1.9M, a 0.9% margin (down 34.1 points year over year). Operating profit fell $60.0M even though revenue rose $29.2M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 21148% against revenue growth of 17%. The quarter ended with a net loss of $248K, after a profit of $4.8M the previous quarter. Net interest and other expense of $5.6M was the main reason.
Operating cash flow was −$13.1M. Non-cash charges added back $6.1M of depreciation and amortization and $440K of share-based compensation. Working capital and other items used $19.4M. Capital expenditures of $2.6M exceeded it, leaving free cash flow of −$15.7M.
Questions
What was Ceco Environmental's revenue in the first quarter 2026?
Ceco Environmental (CECO) reported revenue of $206M for the first quarter 2026 (Q1 2026), +17% from a year earlier and -4% from the quarter before.
Was Ceco Environmental profitable in the first quarter 2026?
Operating profit was $1.9M (0.9% of revenue) and net loss $248K.
Source: Ceco Environmental 10-Q on SEC EDGAR.