Filing Flows › Holley (HLLY) › Q1 2026
Holley (HLLY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Holley (HLLY) reported revenue of $147M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before. Operating margin was 11.9%, net earnings $7.3M (4.9% of revenue).
Holley, Q1 2026: revenue $147M (-4% year over year), operating margin 11.9%, net earnings $7.3M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $147M | -5% | -4% |
| Gross profit | $60.7M | -17% | -5% |
| Operating profit | $17.5M | -11% | -9% |
| Net earnings | $7.3M | +15% | +158% |
| Operating cash flow | −$2.9M | -146% | — |
What changed
Revenue was $147.3M in Q1 2026, down 4% year over year and down 5% from the previous quarter. American Performance was the largest line at 59% of revenue. American Performance lost $4.8M year over year (down 5%), 85% of the total change.
Gross margin was 41.2%, down 0.7 points from Q1 2025. Operating profit was $17.5M, a 11.9% margin (down 0.8 points year over year). Operating expenses fell 3% while revenue fell 4%. Net earnings were $7.3M, up 158% year over year. The effective tax rate was 20.6%.
Operating cash flow was −$2.9M. Non-cash charges added back $6.0M of depreciation and amortization. Working capital and other items used $16.1M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$6.3M.
Questions
What was Holley's revenue in the first quarter 2026?
Holley (HLLY) reported revenue of $147M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before.
Was Holley profitable in the first quarter 2026?
Operating profit was $17.5M (11.9% of revenue) and net earnings $7.3M.
Source: Holley 10-Q on SEC EDGAR.