Filing Flows › Eagle Materials (EXP) › Q1 FY27
Eagle Materials (EXP) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 29, 2026
Eagle Materials (EXP) reported revenue of $651M for the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier and +36% from the quarter before. Operating margin was 20.2%, net earnings $102M (15.7% of revenue).
Eagle Materials, Q1 FY27: revenue $651M (+3% year over year), operating margin 20.2%, net earnings $102M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $651M | +36% | +3% |
| Gross profit | $161M | +52% | -13% |
| Operating profit | $132M | +68% | -17% |
| Net earnings | $102M | +70% | -17% |
| Operating cash flow | $154M | +51% | +13% |
| Free cash flow | $33.6M | — | -44% |
What changed
Revenue was $651.0M in Q1 FY27, up 3% year over year and up 36% from the previous quarter.
Gross margin was 24.8%, down 4.5 points from Q1 FY26. Operating profit was $131.7M, a 20.2% margin (down 4.6 points year over year). Operating profit fell $26.2M even though revenue rose $16.3M versus Q1 FY26, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $102.1M, down 17% year over year. The effective tax rate was 22.4%.
Operating cash flow was $154.4M (up 13% year over year), 151% of net earnings. Non-cash charges added back $41.2M of depreciation and amortization and $4.7M of share-based compensation. Capital expenditures of $120.8M left free cash flow of $33.6M.
Questions
What was Eagle Materials' revenue in the first quarter fiscal 2027?
Eagle Materials (EXP) reported revenue of $651M for the first quarter fiscal 2027 (Q1 FY27), +3% from a year earlier and +36% from the quarter before.
Was Eagle Materials profitable in the first quarter fiscal 2027?
Operating profit was $132M (20.2% of revenue) and net earnings $102M.
Source: Eagle Materials 10-Q on SEC EDGAR.