Filing Flows › Enovis (ENOV) › Q1 2026
Enovis (ENOV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Enovis (ENOV) reported revenue of $589M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +2% from the quarter before. Operating margin was 1.1%, net loss $8.4M (1.4% of revenue).
Enovis, Q1 2026: revenue $589M (+5% year over year), operating margin 1.1%, net loss $8.4M, operating cash flow $24.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $589M | +2% | +5% |
| Operating profit | $6.5M | — | — |
| Net earnings | −$8.4M | — | — |
| Operating cash flow | $24.0M | -73% | — |
What changed
Revenue was $589.2M in Q1 2026, up 5% year over year and up 2% from the previous quarter. Reconstructive was the largest line at 54% of revenue. Reconstructive added $30.9M year over year (up 11%), 102% of the total change.
Gross margin was 62.0%, up 2.6 points from Q1 2025. Operating profit was $6.5M, a 1.1% margin (up 9.5 points year over year). Operating expenses fell 5% while revenue rose 5%. The fastest-growing cost line was Research & development (+11%). The quarter ended with a net loss of $8.4M, narrower than the previous quarter's $520.5M loss. Net interest and other expense of $5.9M was the main reason.
Operating cash flow was $24.0M. Non-cash charges added back $73.4M of depreciation and amortization and $8.8M of share-based compensation. Working capital and other items used $49.7M. Capital expenditures of $52.8M exceeded it, leaving free cash flow of −$28.9M.
Questions
What was Enovis' revenue in the first quarter 2026?
Enovis (ENOV) reported revenue of $589M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +2% from the quarter before.
Was Enovis profitable in the first quarter 2026?
Operating profit was $6.5M (1.1% of revenue) and net loss $8.4M.
Source: Enovis 10-Q on SEC EDGAR.