Filing Flows › Eastman Chemical (EMN) › Q1 2026
Eastman Chemical (EMN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Eastman Chemical (EMN) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), -5% from a year earlier and +10% from the quarter before. Operating margin was 6.2%, net earnings $107M (4.9% of revenue).
Eastman Chemical, Q1 2026: revenue $2.2B (-5% year over year), operating margin 6.2%, net earnings $107M, operating cash flow −$137M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +10% | -5% |
| Gross profit | $431M | +28% | -24% |
| Operating profit | $136M | 11× | -46% |
| Net earnings | $107M | +2% | -42% |
| Operating cash flow | −$137M | -127% | — |
What changed
Revenue was $2.2B in Q1 2026, down 5% year over year and up 10% from the previous quarter.
Gross margin was 19.8%, down 5.0 points from Q1 2025. Operating profit was $0.14B, a 6.2% margin (down 4.8 points year over year). Operating expenses fell 6% while revenue fell 5%. Net earnings were $0.11B, down 41% year over year. The effective tax rate was 21.3%.
Operating cash flow was −$0.14B. Non-cash charges added back $0.13B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.40B. Capital expenditures of $0.10B exceeded it, leaving free cash flow of −$0.24B.
Questions
What was Eastman Chemical's revenue in the first quarter 2026?
Eastman Chemical (EMN) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), -5% from a year earlier and +10% from the quarter before.
Was Eastman Chemical profitable in the first quarter 2026?
Operating profit was $136M (6.2% of revenue) and net earnings $107M.
Source: Eastman Chemical 10-Q on SEC EDGAR.