Filing Flows › Amcon Distributing (DIT) › Q1 FY26
Amcon Distributing (DIT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 20, 2026
Amcon Distributing (DIT) reported revenue of $730M for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier and -2% from the quarter before. Operating margin was 0.5%, net earnings $793K (0.1% of revenue).
Amcon Distributing, Q1 FY26: revenue $730M (+3% year over year), operating margin 0.5%, net earnings $793K, operating cash flow −$11.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $730M | -2% | +3% |
| Gross profit | $48.0M | -1% | +2% |
| Operating profit | $3.9M | +11% | +7% |
| Net earnings | $793K | +61% | +128% |
| Operating cash flow | −$11.7M | -138% | — |
What changed
Revenue was $730.1M in Q1 FY26, up 3% year over year and down 2% from the previous quarter. Cigarettes was the largest line at 61% of revenue. Cigarettes added $8.5M year over year (up 2%), 45% of the total change. Foodservice & other declined 1%.
Gross margin was 6.6%, unchanged from a year earlier. Operating profit was $3.9M, a 0.5% margin (unchanged year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, above the 1% margin then. Operating expenses grew 2% against revenue growth of 3%. Net earnings were $793K, up 128% year over year. The effective tax rate was 23.6%.
Operating cash flow was −$11.7M. Non-cash charges added back $2.5M of depreciation and amortization and $549K of share-based compensation. Working capital and other items used $15.6M. Capital expenditures of $678K exceeded it, leaving free cash flow of −$12.4M.
Questions
What was Amcon Distributing's revenue in the first quarter fiscal 2026?
Amcon Distributing (DIT) reported revenue of $730M for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier and -2% from the quarter before.
Was Amcon Distributing profitable in the first quarter fiscal 2026?
Operating profit was $3.9M (0.5% of revenue) and net earnings $793K.
Source: Amcon Distributing 10-Q on SEC EDGAR.