Filing Flows › First Community (FCCO) › Q1 2026
First Community (FCCO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
First Community (FCCO) reported revenue of $23.2M for the first quarter 2026 (Q1 2026), +26% from a year earlier and +12% from the quarter before. Operating margin was 25.6%, net earnings $5.5M (23.7% of revenue).
First Community, Q1 2026: revenue $23.2M (+26% year over year), operating margin 25.6%, net earnings $5.5M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.2M | +12% | +26% |
| Operating profit | $5.9M | -7% | +15% |
| Net earnings | $5.5M | +14% | +38% |
| Operating cash flow | −$2.4M | -172% | -137% |
What changed
Revenue was $23.2M in Q1 2026, up 26% year over year and up 12% from the previous quarter.
Operating profit was $5.9M, a 25.6% margin (down 2.6 points year over year). Of the extra revenue versus Q1 2025, 16% reached operating profit, below the 28% margin then. Total costs grew 31% against revenue growth of 26%. The fastest-growing cost line was Noninterest expense (+34%). Net earnings were $5.5M, up 38% year over year. The effective tax rate was 7.4%.
Operating cash flow was −$2.4M. Working capital and other items used $7.9M. Capital expenditures of $96K exceeded it, leaving free cash flow of −$2.5M.
Questions
What was First Community's revenue in the first quarter 2026?
First Community (FCCO) reported revenue of $23.2M for the first quarter 2026 (Q1 2026), +26% from a year earlier and +12% from the quarter before.
Was First Community profitable in the first quarter 2026?
Operating profit was $5.9M (25.6% of revenue) and net earnings $5.5M.
Source: First Community 10-Q on SEC EDGAR.