Filing Flows › Kewaunee Scientific (KEQU) › Q1 FY26
Kewaunee Scientific (KEQU) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Sep 12, 2025
Kewaunee Scientific (KEQU) reported revenue of $71.1M for the first quarter fiscal 2026 (Q1 FY26), +47% from a year earlier and -8% from the quarter before. Operating margin was 6.8%, net earnings $3.1M (4.3% of revenue).
Kewaunee Scientific, Q1 FY26: revenue $71.1M (+47% year over year), operating margin 6.8%, net earnings $3.1M, operating cash flow $5.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.1M | -8% | +47% |
| Gross profit | $20.9M | -13% | +68% |
| Operating profit | $4.8M | -43% | +87% |
| Net earnings | $3.1M | -36% | +41% |
| Operating cash flow | $5.8M | -38% | — |
| Free cash flow | $5.0M | -44% | — |
What changed
Revenue was $71.1M in Q1 FY26, up 47% year over year and down 8% from the previous quarter.
Gross margin was 29.4%, up 3.6 points from a year earlier. Operating profit was $4.8M, a 6.8% margin (up 1.4 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, above the 5% margin then. Operating expenses grew 63% against revenue growth of 47%. Net earnings were $3.1M, up 41% year over year. The effective tax rate was 19.4%.
Operating cash flow was $5.8M, 183% of net income including minority interests. Non-cash charges added back $1.5M of depreciation and $521K of share-based compensation. Working capital and other items added $562K. Capital expenditures of $771K left free cash flow of $5.0M.
Questions
What was Kewaunee Scientific's revenue in the first quarter fiscal 2026?
Kewaunee Scientific (KEQU) reported revenue of $71.1M for the first quarter fiscal 2026 (Q1 FY26), +47% from a year earlier and -8% from the quarter before.
Was Kewaunee Scientific profitable in the first quarter fiscal 2026?
Operating profit was $4.8M (6.8% of revenue) and net earnings $3.1M.