Filing Flows › W.W. Grainger (GWW) › Q1 2026
W.W. Grainger (GWW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
W.W. Grainger (GWW) reported revenue of $4.7B for the first quarter 2026 (Q1 2026), +10% from a year earlier and +7% from the quarter before. Operating margin was 16.7%, net earnings $555M (11.7% of revenue).
W.W. Grainger, Q1 2026: revenue $4.7B (+10% year over year), operating margin 16.7%, net earnings $555M, operating cash flow $739M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +7% | +10% |
| Gross profit | $1.9B | +9% | +11% |
| Operating profit | $793M | +25% | +18% |
| Net earnings | $555M | +23% | +16% |
| Operating cash flow | $739M | +87% | +14% |
| Free cash flow | $569M | +112% | +9% |
What changed
Revenue was $4.7B in Q1 2026, up 10% year over year and up 7% from the previous quarter.
Gross margin was 40.0%, up 0.3 points from Q1 2025. Operating profit was $0.79B, a 16.7% margin (up 1.1 points year over year). Of the extra revenue versus Q1 2025, 28% reached operating profit, above the 16% margin then. Operating expenses grew 6% against revenue growth of 10%. Net earnings were $0.56B, up 16% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.74B (up 14% year over year), 127% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $0.17B left free cash flow of $0.57B.
Questions
What was W.W. Grainger's revenue in the first quarter 2026?
W.W.
Was W.W. Grainger profitable in the first quarter 2026?
Operating profit was $793M (16.7% of revenue) and net earnings $555M.
Source: W.W. Grainger 10-Q on SEC EDGAR.