Filing Flows › ESCO Technologies (ESE) › Q1 FY26
ESCO Technologies (ESE) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 9, 2026
ESCO Technologies (ESE) reported revenue of $290M for the first quarter fiscal 2026 (Q1 FY26), +35% from a year earlier and -18% from the quarter before. Operating margin was 13.2%, net earnings $28.7M (9.9% of revenue).
ESCO Technologies, Q1 FY26: revenue $290M (+35% year over year), operating margin 13.2%, net earnings $28.7M, operating cash flow $68.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $290M | -18% | +35% |
| Operating profit | $38.4M | -36% | +37% |
| Net earnings | $28.7M | -87% | +22% |
| Operating cash flow | $68.9M | -37% | +102% |
| Free cash flow | $63.0M | -36% | +117% |
What changed
Revenue was $289.7M in Q1 FY26, up 35% year over year and down 18% from the previous quarter. Aerospace and Defense was the largest line at 50% of revenue. Aerospace and Defense added $62.0M year over year (up 76%), 83% of the total change.
Operating profit was $38.4M, a 13.2% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, above the 13% margin then. Total costs grew 35% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+177%). Net earnings were $28.7M, up 22% year over year. The effective tax rate was 19.1%.
Operating cash flow was $68.9M (up 102% year over year), 240% of net earnings. Non-cash charges added back $26.5M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $10.4M. Capital expenditures of $5.9M left free cash flow of $63.0M.
Questions
What was ESCO Technologies' revenue in the first quarter fiscal 2026?
ESCO Technologies (ESE) reported revenue of $290M for the first quarter fiscal 2026 (Q1 FY26), +35% from a year earlier and -18% from the quarter before.
Was ESCO Technologies profitable in the first quarter fiscal 2026?
Operating profit was $38.4M (13.2% of revenue) and net earnings $28.7M.
Source: ESCO Technologies 10-Q on SEC EDGAR.