Filing Flows › JBT Marel (JBTM) › Q1 2026
JBT Marel (JBTM) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
JBT Marel (JBTM) reported revenue of $936M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -7% from the quarter before. Operating margin was 7.3%, net earnings $45.0M (4.8% of revenue).
JBT Marel, Q1 2026: revenue $936M (+10% year over year), operating margin 7.3%, net earnings $45.0M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $936M | -7% | +10% |
| Operating profit | $68.0M | -6% | — |
| Net earnings | $45.0M | -16% | — |
| Operating cash flow | $119M | +1% | +250% |
| Free cash flow | $93.0M | +11% | +564% |
What changed
Revenue was $936.0M in Q1 2026, up 10% year over year and down 7% from the previous quarter. Prepared Food and Beverage Solutions was the largest line at 51% of revenue. Protein Solutions added $82.0M year over year (up 22%), 100% of the total change.
Operating profit was $68.0M, a 7.3% margin (up 11.1 points year over year). Total costs fell 2% while revenue rose 10%. Net earnings were $45.0M. The effective tax rate was 25.0%.
Operating cash flow was $119.0M (up 250% year over year), 264% of net earnings. Non-cash charges added back $7.0M of share-based compensation. Working capital and other items added $67.0M. Capital expenditures of $26.0M left free cash flow of $93.0M.
Questions
What was JBT Marel's revenue in the first quarter 2026?
JBT Marel (JBTM) reported revenue of $936M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -7% from the quarter before.
Was JBT Marel profitable in the first quarter 2026?
Operating profit was $68.0M (7.3% of revenue) and net earnings $45.0M.
Source: JBT Marel 10-Q on SEC EDGAR.