Filing Flows › Kearny Financial (KRNY) › Q1 FY27
Kearny Financial (KRNY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 5, 2026
Kearny Financial (KRNY) reported revenue of $45.3M for the first quarter fiscal 2027 (Q1 FY27), +4% from a year earlier and -0.9% from the quarter before. Operating margin was 28.0%, net earnings $10.0M (22.2% of revenue).
Kearny Financial, Q1 FY27: revenue $45.3M (+4% year over year), operating margin 28.0%, net earnings $10.0M, operating cash flow $9.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45.3M | -0.9% | +4% |
| Operating profit | $12.7M | +15% | +6% |
| Net earnings | $10.0M | +40% | +6% |
| Operating cash flow | $9.3M | -33% | +520% |
What changed
Revenue was $45.3M in Q1 FY27, up 4% year over year and down 1% from the previous quarter. Net interest income was the largest line at 89% of revenue. Net interest income added $2.4M year over year (up 6%), 137% of the total change. Noninterest income declined 11%.
Operating profit was $12.7M, a 28.0% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 27% margin then. Total costs grew 3% against revenue growth of 4%. Net earnings were $10.0M, up 6% year over year. The effective tax rate was 20.7%.
Operating cash flow was $9.3M (up 520% year over year), 93% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $942K of share-based compensation. Working capital and other items used $2.6M.
Questions
What was Kearny Financial's revenue in the first quarter fiscal 2027?
Kearny Financial (KRNY) reported revenue of $45.3M for the first quarter fiscal 2027 (Q1 FY27), +4% from a year earlier and -0.9% from the quarter before.
Was Kearny Financial profitable in the first quarter fiscal 2027?
Operating profit was $12.7M (28.0% of revenue) and net earnings $10.0M.
Source: Kearny Financial 10-Q on SEC EDGAR.