Filing Flows › Goosehead Insurance (GSHD) › Q1 2026 › vs Q4 2025
Goosehead Insurance (GSHD) Q1 2026 vs Q4 2025 (quarter over quarter)
Goosehead Insurance's revenue fell $12.2M (-12%) from $105M in Q4 2025 to $93.1M in Q1 2026. Operating margin 16.1% against 29.4% (-13.2 pts).
Goosehead Insurance, Q1 2026: revenue $93.1M (+23% year over year), operating margin 16.1%, net earnings $4.9M, operating cash flow $22.9M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.1% | 29.4% | -13.2 pts |
| Net margin | 5.3% | 11.8% | -6.6 pts |
| Free cash flow margin | 22.8% | 19.3% | +3.6 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $93.1M | $105M | −$12.2M | -12% |
| Operating profit | $15.0M | $30.9M | −$15.9M | -51% |
| Costs & expenses | $78.1M | $74.4M | $3.7M | +5% |
| Pre-tax earnings | $9.8M | $24.6M | −$14.8M | -60% |
| Other expense, net | $5.2M | $6.3M | −$1.1M | -17% |
| General & admin | $24.0M | $22.1M | $1.9M | +9% |
| Other operating costs | $54.1M | $52.3M | $1.8M | +3% |
| Net earnings | $4.9M | $12.4M | −$7.5M | -61% |
| Minority interests | $3.2M | $8.4M | −$5.2M | -62% |
| Income tax | $1.7M | $3.8M | −$2.0M | -54% |
| Depreciation & amortization | $3.2M | $1.9M | $1.3M | +65% |
| Share-based compensation | $6.2M | $5.5M | $682K | +12% |
| Working capital & other | $8.6M | $3.2M | $5.3M | +163% |
| Operating cash flow | $22.9M | $23.2M | −$284K | -1% |
| Free cash flow (OCF − capex) | $21.2M | $20.3M | $960K | +5% |
| Capital expenditures | $1.6M | $2.9M | −$1.2M | -43% |
Questions
How much did Goosehead Insurance's revenue grow quarter over quarter in Q1 2026?
Goosehead Insurance's revenue fell $12.2M (-12%) from $105M in Q4 2025 to $93.1M in Q1 2026. Operating margin 16.1% against 29.4% (-13.2 pts).