Filing Flows › LEE Enterprises (LEE) › Q1 FY26
LEE Enterprises (LEE) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 11, 2026
LEE Enterprises (LEE) reported revenue of $130M for the first quarter fiscal 2026 (Q1 FY26), -10% from a year earlier and -7% from the quarter before. Operating margin was 4.0%, net loss $5.1M (3.9% of revenue).
LEE Enterprises, Q1 FY26: revenue $130M (-10% year over year), operating margin 4.0%, net loss $5.1M, operating cash flow $4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $130M | -7% | -10% |
| Operating profit | $5.2M | — | — |
| Net earnings | −$5.1M | — | — |
| Operating cash flow | $4.5M | — | — |
| Free cash flow | $3.7M | — | — |
What changed
Revenue was $130.1M in Q1 FY26, down 10% year over year and down 7% from the previous quarter. Advertising and marketing services was the largest line at 46% of revenue. Subscription lost $7.3M year over year (down 11%), 50% of the total change.
Operating profit was $5.2M, a 4.0% margin (up 6.3 points year over year). Total costs fell 16% while revenue fell 10%. The quarter ended with a net loss of $5.1M, narrower than the previous quarter's $5.8M loss. Net interest and other expense of $9.4M was the main reason.
Operating cash flow was $4.5M. Non-cash charges added back $3.6M of depreciation and amortization and $328K of share-based compensation. Working capital and other items added $5.7M. Capital expenditures of $758K left free cash flow of $3.7M.
Questions
What was LEE Enterprises' revenue in the first quarter fiscal 2026?
LEE Enterprises (LEE) reported revenue of $130M for the first quarter fiscal 2026 (Q1 FY26), -10% from a year earlier and -7% from the quarter before.
Was LEE Enterprises profitable in the first quarter fiscal 2026?
Operating profit was $5.2M (4.0% of revenue) and net loss $5.1M.
Source: LEE Enterprises 10-Q on SEC EDGAR.