Filing Flows › Greif (GEF) › Q1 FY26
Greif (GEF) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 30, 2026
Greif (GEF) reported revenue of $995M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier. Operating margin was 25.8%, net earnings $175M (17.6% of revenue).
Greif, Q1 FY26: revenue $995M (-2% year over year), operating margin 25.8%, net earnings $175M, operating cash flow −$24.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $995M | — | -2% |
| Gross profit | $203M | — | +2% |
| Operating profit | $257M | — | +652% |
| Net earnings | $175M | — | +694% |
| Operating cash flow | −$24.4M | -112% | -113% |
What changed
Revenue was $994.8M in Q1 FY26, down 2% year over year. Durable Metal Solutions was the largest line at 36% of revenue. Sustainable Fiber Solutions lost $32.1M year over year (down 9%), 147% of the total change.
Gross margin was 20.4%, up 0.8 points from a year earlier. Operating profit was $256.6M, a 25.8% margin (up 22.4 points year over year). Net earnings were $174.6M, up 694% year over year. The effective tax rate was 24.6%.
Operating cash flow was −$24.4M. Non-cash charges added back $60.3M of depreciation and amortization. Working capital and other items used $265.6M. Capital expenditures of $33.0M exceeded it, leaving free cash flow of −$57.4M.
Questions
What was Greif's revenue in the first quarter fiscal 2026?
Greif (GEF) reported revenue of $995M for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier.
Was Greif profitable in the first quarter fiscal 2026?
Operating profit was $257M (25.8% of revenue) and net earnings $175M.
Source: Greif 10-Q on SEC EDGAR.