Filing Flows › Del Monte (DMC) › Q1 2026
Del Monte (DMC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Del Monte (DMC) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), -5% from a year earlier and +2% from the quarter before. Operating margin was 1.9%, net earnings $10.7M (1.0% of revenue).
Del Monte, Q1 2026: revenue $1.0B (-5% year over year), operating margin 1.9%, net earnings $10.7M, operating cash flow $44.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +2% | -5% |
| Gross profit | $89.0M | -16% | -3% |
| Operating profit | $20.1M | -56% | -55% |
| Net earnings | $10.7M | -67% | -66% |
| Operating cash flow | $44.1M | +305% | -4% |
| Free cash flow | $29.7M | — | -18% |
What changed
Revenue was $1.0B in Q1 2026, down 5% year over year and up 2% from the previous quarter. Fresh and value-added products was the largest line at 53% of revenue. Fresh and value-added products lost $0.06B year over year (down 10%), 117% of the total change.
Gross margin was 8.5%, up 0.1 points from Q1 2025. Operating profit was $0.02B, a 1.9% margin (down 2.2 points year over year). Operating expenses grew 46% against a revenue fall of 5%. Net earnings were $0.01B, down 68% year over year. The effective tax rate was 42.2%.
Operating cash flow was $0.04B (down 4% year over year), 412% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.01B left free cash flow of $0.03B.
Questions
What was Del Monte's revenue in the first quarter 2026?
Del Monte (DMC) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), -5% from a year earlier and +2% from the quarter before.
Was Del Monte profitable in the first quarter 2026?
Operating profit was $20.1M (1.9% of revenue) and net earnings $10.7M.
Source: Del Monte 10-Q on SEC EDGAR.