Filing Flows › Compass Minerals International (CMP) › Q1 FY26
Compass Minerals International (CMP) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 6, 2026
Compass Minerals International (CMP) reported revenue of $396M for the first quarter fiscal 2026 (Q1 FY26), +29% from a year earlier and +74% from the quarter before. Operating margin was 9.2%, net earnings $18.6M (4.7% of revenue).
Compass Minerals International, Q1 FY26: revenue $396M (+29% year over year), operating margin 9.2%, net earnings $18.6M, operating cash flow −$37.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $396M | +74% | +29% |
| Gross profit | $63.2M | +65% | +84% |
| Operating profit | $36.6M | +205% | 73× |
| Net earnings | $18.6M | — | — |
| Operating cash flow | −$37.0M | — | — |
What changed
Revenue was $396.1M in Q1 FY26, up 29% year over year and up 74% from the previous quarter. Highway Deicing Salt was the largest line at 53% of revenue. Highway Deicing Salt added $72.7M year over year (up 53%), 82% of the total change. SOP declined 4%.
Gross margin was 16.0%, up 4.8 points from a year earlier. Operating profit was $36.6M, a 9.2% margin (up 9.1 points year over year). Of the extra revenue versus a year earlier, 41% reached operating profit, above the 0% margin then. Operating expenses fell 21% while revenue rose 29%. Net earnings were $18.6M. The effective tax rate was -13.4%.
Operating cash flow was −$37.0M. Non-cash charges added back $26.4M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $84.3M. Capital expenditures of $22.8M exceeded it, leaving free cash flow of −$59.8M.
Questions
What was Compass Minerals International's revenue in the first quarter fiscal 2026?
Compass Minerals International (CMP) reported revenue of $396M for the first quarter fiscal 2026 (Q1 FY26), +29% from a year earlier and +74% from the quarter before.
Was Compass Minerals International profitable in the first quarter fiscal 2026?
Operating profit was $36.6M (9.2% of revenue) and net earnings $18.6M.