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Interparfums (IPAR) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 5, 2026

Interparfums (IPAR) reported revenue of $345M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -11% from the quarter before. Operating margin was 21.5%, net earnings $43.4M (12.6% of revenue).

Revenue$345M
Year over year+2%
Quarter over quarter-11%
Operating margin21.5%
Net earnings$43.4M

Interparfums, Q1 2026: revenue $345M (+2% year over year), operating margin 21.5%, net earnings $43.4M, operating cash flow $85K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$345M-11%+2%
Gross profit$225M-5%+4%
Operating profit$74.1M+169%-1%
Net earnings$43.4M+54%+2%
Operating cash flow$85K-100%—

What changed

Revenue was $344.9M in Q1 2026, up 2% year over year and down 11% from the previous quarter.

Gross margin was 65.1%, up 1.4 points from Q1 2025. Operating profit was $74.1M, a 21.5% margin (down 0.7 points year over year). Operating profit fell $943K even though revenue rose $6.1M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 2%. Net earnings were $43.4M, up 2% year over year. The effective tax rate was 24.6%.

Operating cash flow was $85K, 0% of net income including minority interests. Non-cash charges added back $5.8M of depreciation and amortization and $425K of share-based compensation. Working capital and other items used $62.8M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$1.3M.

Questions

What was Interparfums' revenue in the first quarter 2026?

Interparfums (IPAR) reported revenue of $345M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -11% from the quarter before.

Was Interparfums profitable in the first quarter 2026?

Operating profit was $74.1M (21.5% of revenue) and net earnings $43.4M.

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Source: Interparfums 10-Q on SEC EDGAR.