Filing Flows › Envela (ELA) › Q1 2026 › vs Q1 2025
Envela (ELA) Q1 2026 vs Q1 2025 (year over year)
Envela's revenue rose $50.1M (+104%) from $48.3M in Q1 2025 to $98.4M in Q1 2026. The biggest changes: Consumer segment +$45.0M (+122%); Commercial segment +$5.1M (+44%). Gross margin 21.0% against 24.8% (-3.8 pts).
Envela, Q1 2026: revenue $98.4M (+104% year over year), operating margin 11.4%, net earnings $8.8M, operating cash flow $21.2M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 21.0% | 24.8% | -3.8 pts |
| Operating margin | 11.4% | 6.5% | +4.9 pts |
| Net margin | 9.0% | 5.2% | +3.8 pts |
| Free cash flow margin | 20.9% | 1.5% | +19.4 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Consumer segment | $81.8M | $36.8M | $45.0M | +122% |
| Commercial segment | $16.6M | $11.5M | $5.1M | +44% |
| Revenue | $98.4M | $48.3M | $50.1M | +104% |
| Gross profit | $20.6M | $12.0M | $8.7M | +72% |
| Cost of revenue | $77.8M | $36.3M | $41.5M | +114% |
| Operating profit | $11.2M | $3.1M | $8.1M | +259% |
| Operating expenses | $9.4M | $8.8M | $560K | +6% |
| Pre-tax earnings | $11.3M | $3.2M | $8.1M | +251% |
| SG&A | $8.9M | $8.4M | $520K | +6% |
| Other operating costs | $486K | $445K | $41K | +9% |
| Net earnings | $8.8M | $2.5M | $6.3M | +255% |
| Income tax | $2.5M | $724K | $1.7M | +240% |
| Depreciation & amortization | $486K | $445K | $41K | +9% |
| Working capital & other | $11.8M | −$1.8M | $13.6M | — |
| Operating cash flow | $21.2M | $1.1M | $20.0M | 19× |
| Free cash flow (OCF − capex) | $20.6M | $747K | $19.8M | 28× |
| Capital expenditures | $568K | $384K | $183K | +48% |
Questions
How much did Envela's revenue grow year over year in Q1 2026?
Envela's revenue rose $50.1M (+104%) from $48.3M in Q1 2025 to $98.4M in Q1 2026.
What drove Envela's revenue change in Q1 2026?
Consumer segment +$45.0M (+122%); Commercial segment +$5.1M (+44%).