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Eastman Kodak (KODK) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Eastman Kodak (KODK) reported revenue of $265M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -9% from the quarter before. Operating margin was -0.4%, net loss $16.0M (6.0% of revenue).

Revenue$265M
Year over year+7%
Quarter over quarter-9%
Operating margin-0.4%
Net earnings−$16.0M

Eastman Kodak, Q1 2026: revenue $265M (+7% year over year), operating margin -0.4%, net loss $16.0M, operating cash flow −$30.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$265M-9%+7%
Operating profit−$1.0M——
Net earnings−$16.0M——
Operating cash flow−$30.0M-106%—

What changed

Revenue was $265.0M in Q1 2026, up 7% year over year and down 9% from the previous quarter.

Gross margin was 21.5%, up 2.9 points from Q1 2025. Operating costs exceeded revenue by $1.0M, an operating margin of -0.4%. Operating expenses fell 2% while revenue rose 7%. The quarter ended with a net loss of $16.0M, narrower than the previous quarter's $108.0M loss. Net interest and other expense of $12.0M was the main reason.

Operating cash flow was −$30.0M. Non-cash charges added back $7.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $26.0M. Capital expenditures of $6.0M exceeded it, leaving free cash flow of −$36.0M.

Questions

What was Eastman Kodak's revenue in the first quarter 2026?

Eastman Kodak (KODK) reported revenue of $265M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -9% from the quarter before.

Was Eastman Kodak profitable in the first quarter 2026?

Operating loss was $1.0M (-0.4% of revenue) and net loss $16.0M.

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Source: Eastman Kodak 10-Q on SEC EDGAR.