Filing Flows › Hawkins (HWKN) › Q1 FY27
Hawkins (HWKN) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jul 29, 2026
Hawkins (HWKN) reported revenue of $316M for the first quarter fiscal 2027 (Q1 FY27), +8% from a year earlier and +19% from the quarter before. Operating margin was 12.3%, net earnings $28.3M (9.0% of revenue).
Hawkins, Q1 FY27: revenue $316M (+8% year over year), operating margin 12.3%, net earnings $28.3M, operating cash flow $35.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $316M | +19% | +8% |
| Gross profit | $74.0M | +36% | +2% |
| Operating profit | $38.7M | +65% | -6% |
| Net earnings | $28.3M | +83% | -3% |
| Operating cash flow | $35.2M | -7% | +12% |
| Free cash flow | $23.5M | — | +31% |
What changed
Revenue was $315.7M in Q1 FY27, up 8% year over year and up 19% from the previous quarter. Manufactured, blended or repackaged products was the largest line at 59% of revenue. Manufactured, blended or repackaged products added $8.2M year over year (up 5%), 37% of the total change. Food declined 7%.
Gross margin was 23.4%, down 1.2 points from Q1 FY26. Operating profit was $38.7M, a 12.3% margin (down 1.8 points year over year). Operating profit fell $2.7M even though revenue rose $22.4M versus Q1 FY26, so costs grew faster than sales. Operating expenses grew 14% against revenue growth of 8%. Net earnings were $28.3M, down 3% year over year. The effective tax rate was 24.3%.
Operating cash flow was $35.2M (up 12% year over year), 124% of net earnings. Non-cash charges added back $13.9M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $9.3M. After purchases of property, plant & equipment ($11.6M), free cash flow as the company reports it was $23.5M.
Questions
What was Hawkins' revenue in the first quarter fiscal 2027?
Hawkins (HWKN) reported revenue of $316M for the first quarter fiscal 2027 (Q1 FY27), +8% from a year earlier and +19% from the quarter before.
Was Hawkins profitable in the first quarter fiscal 2027?
Operating profit was $38.7M (12.3% of revenue) and net earnings $28.3M.
Source: Hawkins 10-Q on SEC EDGAR.