Filing Flows › First America Resources (FSTJ) › Q1 2026
First America Resources (FSTJ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
First America Resources (FSTJ) reported revenue of $4.8M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +7% from the quarter before. Operating margin was 6.8%, net earnings $297K (6.2% of revenue).
First America Resources, Q1 2026: revenue $4.8M (+19% year over year), operating margin 6.8%, net earnings $297K, operating cash flow $399K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | +7% | +19% |
| Gross profit | $3.0M | +14% | +33% |
| Operating profit | $328K | — | +503% |
| Net earnings | $297K | — | — |
| Operating cash flow | $399K | — | — |
What changed
Revenue was $4.8M in Q1 2026, up 19% year over year and up 7% from the previous quarter.
Gross margin was 63.0%, up 6.5 points from Q1 2025. Operating profit was $328K, a 6.8% margin (up 5.5 points year over year). Of the extra revenue versus Q1 2025, 35% reached operating profit, above the 1% margin then. Operating expenses grew 22% against revenue growth of 19%. The fastest-growing cost line was SG&A (+28%). Net earnings were $297K, down 21% year over year. The effective tax rate was 0.0%.
Operating cash flow was $399K, 134% of net earnings. Non-cash charges added back $19K of depreciation and amortization. Working capital and other items added $83K.
Questions
What was First America Resources' revenue in the first quarter 2026?
First America Resources (FSTJ) reported revenue of $4.8M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +7% from the quarter before.
Was First America Resources profitable in the first quarter 2026?
Operating profit was $328K (6.8% of revenue) and net earnings $297K.