Filing Flows › Eagle Materials (EXP) › Q4 FY26
Eagle Materials (EXP) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 19, 2026
Eagle Materials (EXP) reported revenue of $479M for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and -14% from the quarter before. Operating margin was 16.4%, net earnings $60.2M (12.6% of revenue).
Eagle Materials, Q4 FY26: revenue $479M (+2% year over year), operating margin 16.4%, net earnings $60.2M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $479M | -14% | +2% |
| Gross profit | $106M | -34% | +2% |
| Operating profit | $78.4M | -39% | -3% |
| Net earnings | $60.2M | -42% | -10% |
| Operating cash flow | $102M | -40% | +63% |
What changed
Revenue was $479.1M in Q4 FY26, up 2% year over year and down 14% from the previous quarter.
Gross margin was 22.2%, down 0.1 points from Q4 FY25. Operating profit was $78.4M, a 16.4% margin (down 0.9 points year over year). Operating profit fell $2.6M even though revenue rose $8.9M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 18% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $60.2M, down 10% year over year. The effective tax rate was 23.3%.
Operating cash flow was $102.1M (up 63% year over year), 170% of net earnings. Non-cash charges added back $40.5M of depreciation and amortization and $5.5M of share-based compensation. Capital expenditures of $122.1M exceeded it, leaving free cash flow of −$19.9M.
Questions
What was Eagle Materials' revenue in the fourth quarter fiscal 2026?
Eagle Materials (EXP) reported revenue of $479M for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and -14% from the quarter before.
Was Eagle Materials profitable in the fourth quarter fiscal 2026?
Operating profit was $78.4M (16.4% of revenue) and net earnings $60.2M.
Source: Eagle Materials 10-K on SEC EDGAR.