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Dixie Group (DXYN) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 11, 2026

Dixie Group (DXYN) reported revenue of $59.4M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -6% from the quarter before. Operating margin was 5.5%, net earnings $1.2M (1.9% of revenue).

Revenue$59.4M
Year over year-6%
Quarter over quarter-6%
Operating margin5.5%
Net earnings$1.2M

Dixie Group, Q1 2026: revenue $59.4M (-6% year over year), operating margin 5.5%, net earnings $1.2M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$59.4M-6%-6%
Gross profit$19.3M+12%+14%
Operating profit$3.3M—297×
Net earnings$1.2M——
Operating cash flow−$2.6M—-134%

What changed

Revenue was $59.4M in Q1 2026, down 6% year over year and down 6% from the previous quarter. Residential floorcovering products was the largest line at 99% of revenue. Residential floorcovering products lost $3.3M year over year (down 5%), 91% of the total change.

Gross margin was 32.5%, up 5.6 points from Q1 2025. Operating profit was $3.3M, a 5.5% margin (up 5.5 points year over year). Operating expenses fell 5% while revenue fell 6%. Net earnings were $1.2M. The effective tax rate was 3.1%.

Operating cash flow was −$2.6M. Non-cash charges added back $1.4M of depreciation and amortization and $42K of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $59K exceeded it, leaving free cash flow of −$2.6M.

Questions

What was Dixie Group's revenue in the first quarter 2026?

Dixie Group (DXYN) reported revenue of $59.4M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -6% from the quarter before.

Was Dixie Group profitable in the first quarter 2026?

Operating profit was $3.3M (5.5% of revenue) and net earnings $1.2M.

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Source: Dixie Group 10-Q on SEC EDGAR.