Filing Flows › Lifetime Brands (LCUT) › Q1 2026
Lifetime Brands (LCUT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Lifetime Brands (LCUT) reported revenue of $144M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -30% from the quarter before. Operating margin was -1.6%, net loss $4.8M (3.3% of revenue).
Lifetime Brands, Q1 2026: revenue $144M (+2% year over year), operating margin -1.6%, net loss $4.8M, operating cash flow $33.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $144M | -30% | +2% |
| Operating profit | −$2.2M | -111% | -303% |
| Net earnings | −$4.8M | -126% | — |
| Operating cash flow | $33.8M | +803% | +102% |
| Free cash flow | $29.9M | 11× | +98% |
What changed
Revenue was $143.5M in Q1 2026, up 2% year over year and down 30% from the previous quarter. U.S. segment was the largest line at 91% of revenue. U.S. segment added $2.2M year over year (up 2%), 64% of the total change.
Gross margin was 37.7%, up 1.6 points from Q1 2025. Operating costs exceeded revenue by $2.2M, an operating margin of -1.6%. Operating expenses grew 14% against revenue growth of 2%. The fastest-growing cost line was SG&A (+17%). The quarter ended with a net loss of $4.8M, after a profit of $18.2M the previous quarter. Net interest and other expense of $4.2M was the main reason.
Operating cash flow was $33.8M (up 102% year over year). Non-cash charges added back $5.3M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $32.2M. Capital expenditures of $3.8M left free cash flow of $29.9M.
Questions
What was Lifetime Brands' revenue in the first quarter 2026?
Lifetime Brands (LCUT) reported revenue of $144M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -30% from the quarter before.
Was Lifetime Brands profitable in the first quarter 2026?
Operating loss was $2.2M (-1.6% of revenue) and net loss $4.8M.
Source: Lifetime Brands 10-Q on SEC EDGAR.