Filing Flows › Haverty Furniture Companies (HVT) › Q1 2026
Haverty Furniture Companies (HVT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Haverty Furniture Companies (HVT) reported revenue of $189M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -6% from the quarter before. Operating margin was 3.2%, net earnings $4.3M (2.3% of revenue).
Haverty Furniture Companies, Q1 2026: revenue $189M (+4% year over year), operating margin 3.2%, net earnings $4.3M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $189M | -6% | +4% |
| Gross profit | $116M | -5% | +5% |
| Operating profit | $6.0M | -45% | +13% |
| Net earnings | $4.3M | -50% | +13% |
| Operating cash flow | −$2.9M | -139% | -147% |
What changed
Revenue was $189.1M in Q1 2026, up 4% year over year and down 6% from the previous quarter. Upholstery was the largest line at 46% of revenue. Upholstery added $4.8M year over year (up 6%), 64% of the total change.
Gross margin was 61.5%, up 0.3 points from Q1 2025. Operating profit was $6.0M, a 3.2% margin (up 0.2 points year over year). Of the extra revenue versus Q1 2025, 9% reached operating profit, above the 3% margin then. Operating expenses grew 4% against revenue growth of 4%. Net earnings were $4.3M, up 13% year over year. The effective tax rate was 28.5%.
Operating cash flow was −$2.9M. Non-cash charges added back $6.3M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $15.8M. Capital expenditures of $7.0M exceeded it, leaving free cash flow of −$9.9M.
Questions
What was Haverty Furniture Companies' revenue in the first quarter 2026?
Haverty Furniture Companies (HVT) reported revenue of $189M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -6% from the quarter before.
Was Haverty Furniture Companies profitable in the first quarter 2026?
Operating profit was $6.0M (3.2% of revenue) and net earnings $4.3M.