Filing Flows › Fuller H B (FUL) › Q1 FY26
Fuller H B (FUL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Mar 26, 2026
Fuller H B (FUL) reported revenue of $771M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -14% from the quarter before. Operating margin was 3.7%, net earnings $21.0M (2.7% of revenue).
Fuller H B, Q1 FY26: revenue $771M (-2% year over year), operating margin 3.7%, net earnings $21.0M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $771M | -14% | -2% |
| Gross profit | $236M | -16% | +4% |
| Operating profit | $28.5M | -32% | -39% |
| Net earnings | $21.0M | -29% | +59% |
| Operating cash flow | −$4.0M | -104% | — |
What changed
Revenue was $770.8M in Q1 FY26, down 2% year over year and down 14% from the previous quarter.
Gross margin was 30.6%, up 1.8 points from a year earlier. Operating profit was $28.5M, a 3.7% margin (down 2.2 points year over year). Operating expenses grew 15% against a revenue fall of 2%. Net earnings were $21.0M, up 59% year over year. The effective tax rate was 26.1%.
Operating cash flow was −$4.0M. Non-cash charges added back $46.4M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $76.7M. Capital expenditures of $57.7M exceeded it, leaving free cash flow of −$61.7M.
Questions
What was Fuller H B's revenue in the first quarter fiscal 2026?
Fuller H B (FUL) reported revenue of $771M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -14% from the quarter before.
Was Fuller H B profitable in the first quarter fiscal 2026?
Operating profit was $28.5M (3.7% of revenue) and net earnings $21.0M.
Source: Fuller H B 10-Q on SEC EDGAR.