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Citizens (CIA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Citizens (CIA) reported revenue of $59.7M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -17% from the quarter before. Operating margin was 4.0%, net earnings $2.3M (3.8% of revenue).

Revenue$59.7M
Year over year+7%
Quarter over quarter-17%
Operating margin4.0%
Net earnings$2.3M

Citizens, Q1 2026: revenue $59.7M (+7% year over year), operating margin 4.0%, net earnings $2.3M, operating cash flow −$323K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$59.7M-17%+7%
Operating profit$2.4M-70%—
Net earnings$2.3M-69%—
Operating cash flow−$323K-104%-143%

What changed

Revenue was $59.7M in Q1 2026, up 7% year over year and down 17% from the previous quarter.

Operating profit was $2.4M, a 4.0% margin (up 7.2 points year over year). Total costs fell 0% while revenue rose 7%. Net earnings were $2.3M. The effective tax rate was 4.5%.

Operating cash flow was −$323K. Non-cash charges added back $171K of depreciation. Working capital and other items used $2.8M. Capital expenditures of $326K exceeded it, leaving free cash flow of −$649K.

Questions

What was Citizens' revenue in the first quarter 2026?

Citizens (CIA) reported revenue of $59.7M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -17% from the quarter before.

Was Citizens profitable in the first quarter 2026?

Operating profit was $2.4M (4.0% of revenue) and net earnings $2.3M.

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Source: Citizens 10-Q on SEC EDGAR.