Filing Flows › Envela (ELA) › Q1 2026
Envela (ELA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Envela (ELA) reported revenue of $98.4M for the first quarter 2026 (Q1 2026), +104% from a year earlier and +22% from the quarter before. Operating margin was 11.4%, net earnings $8.8M (9.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.4M | +22% | +104% |
| Gross profit | $20.6M | +25% | +72% |
| Operating profit | $11.2M | +49% | +259% |
| Net earnings | $8.8M | +47% | +255% |
| Operating cash flow | $21.2M | — | 19× |
| Free cash flow | $20.6M | — | 28× |
What changed
Revenue was $98.4M in Q1 2026, up 104% year over year and up 22% from the previous quarter. Consumer segment was the largest line at 83% of revenue. Consumer segment added $45.0M year over year (up 122%), 90% of the total change.
Gross margin was 21.0%, down 3.8 points from Q1 2025. Operating profit was $11.2M, a 11.4% margin (up 4.9 points year over year). Of the extra revenue versus Q1 2025, 16% reached operating profit, above the 6% margin then. Operating expenses grew 6% against revenue growth of 104%. Net earnings were $8.8M, up 255% year over year. The effective tax rate was 21.8%.
Operating cash flow was $21.2M (up 1771% year over year), 239% of net earnings. Non-cash charges added back $486K of depreciation and amortization. Working capital and other items added $11.8M. Capital expenditures of $568K left free cash flow of $20.6M.
Questions
What was Envela's revenue in the first quarter 2026?
Envela (ELA) reported revenue of $98.4M for the first quarter 2026 (Q1 2026), +104% from a year earlier and +22% from the quarter before.
Was Envela profitable in the first quarter 2026?
Operating profit was $11.2M (11.4% of revenue) and net earnings $8.8M.
Source: Envela 10-Q on SEC EDGAR.