Filing Flows › Hawkins (HWKN) › Q1 FY26
Hawkins (HWKN) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 30, 2025
Hawkins (HWKN) reported revenue of $293M for the first quarter fiscal 2026 (Q1 FY26), +15% from a year earlier and +20% from the quarter before. Operating margin was 14.1%, net earnings $29.2M (9.9% of revenue).
Hawkins, Q1 FY26: revenue $293M (+15% year over year), operating margin 14.1%, net earnings $29.2M, operating cash flow $31.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293M | +20% | +15% |
| Gross profit | $72.4M | +39% | +12% |
| Operating profit | $41.3M | +68% | +4% |
| Net earnings | $29.2M | +79% | +1% |
| Operating cash flow | $31.5M | +2% | +79% |
| Free cash flow | $17.9M | -9% | +159% |
What changed
Revenue was $293.3M in Q1 FY26, up 15% year over year and up 20% from the previous quarter. Manufactured, blended or repackaged products was the largest line at 61% of revenue. Manufactured, blended or repackaged products added $32.3M year over year (up 22%), 86% of the total change. Pharmaceutical declined 2%.
Gross margin was 24.7%, down 0.6 points from a year earlier. Operating profit was $41.3M, a 14.1% margin (down 1.5 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 16% margin then. Operating expenses grew 25% against revenue growth of 15%. Net earnings were $29.2M, up 1% year over year. The effective tax rate was 25.2%.
Operating cash flow was $31.5M (up 79% year over year), 108% of net earnings. Non-cash charges added back $12.3M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $12.2M. Capital expenditures of $13.5M left free cash flow of $17.9M.
Questions
What was Hawkins' revenue in the first quarter fiscal 2026?
Hawkins (HWKN) reported revenue of $293M for the first quarter fiscal 2026 (Q1 FY26), +15% from a year earlier and +20% from the quarter before.
Was Hawkins profitable in the first quarter fiscal 2026?
Operating profit was $41.3M (14.1% of revenue) and net earnings $29.2M.
Source: Hawkins 10-Q on SEC EDGAR.