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Americas Carmart (CRMT) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Sep 9, 2025

Americas Carmart (CRMT) reported revenue of $341M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -8% from the quarter before. Operating margin was -2.2%, net loss $5.7M (1.7% of revenue).

Revenue$341M
Year over year-2%
Quarter over quarter-8%
Operating margin-2.2%
Net earnings−$5.7M

Americas Carmart, Q1 FY26: revenue $341M (-2% year over year), operating margin -2.2%, net loss $5.7M, operating cash flow −$5.9M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$341M-8%-2%
Operating profit−$7.4M-159%—
Net earnings−$5.7M-154%—
Operating cash flow−$5.9M-131%—

What changed

Revenue was $341.3M in Q1 FY26, down 2% year over year and down 8% from the previous quarter.

Operating costs exceeded revenue by $7.4M, an operating margin of -2.2%. Total costs fell 0% while revenue fell 2%. The fastest-growing cost line was SG&A (+10%). The quarter ended with a net loss of $5.7M, after a profit of $10.6M the previous quarter.

Operating cash flow was −$5.9M. Non-cash charges added back $2.1M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $459K exceeded it, leaving free cash flow of −$6.4M.

Questions

What was Americas Carmart's revenue in the first quarter fiscal 2026?

Americas Carmart (CRMT) reported revenue of $341M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -8% from the quarter before.

Was Americas Carmart profitable in the first quarter fiscal 2026?

Operating loss was $7.4M (-2.2% of revenue) and net loss $5.7M.

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Source: Americas Carmart 10-Q on SEC EDGAR.