Filing Flows › LSB Industries (LXU) › Q1 2026
LSB Industries (LXU) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
LSB Industries (LXU) reported revenue of $169M for the first quarter 2026 (Q1 2026), +18% from a year earlier and +3% from the quarter before. Operating margin was 13.7%, net earnings $19.7M (11.6% of revenue).
LSB Industries, Q1 2026: revenue $169M (+18% year over year), operating margin 13.7%, net earnings $19.7M, operating cash flow $51.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $169M | +3% | +18% |
| Gross profit | $35.8M | -13% | +149% |
| Operating profit | $23.2M | -13% | +418% |
| Net earnings | $19.7M | +22% | — |
| Operating cash flow | $51.8M | +189% | +658% |
| Free cash flow | $34.8M | — | — |
What changed
Revenue was $169.5M in Q1 2026, up 18% year over year and up 3% from the previous quarter.
Gross margin was 21.1%, up 11.1 points from Q1 2025. Operating profit was $23.2M, a 13.7% margin (up 10.5 points year over year). Of the extra revenue versus Q1 2025, 72% reached operating profit, above the 3% margin then. Operating expenses grew 27% against revenue growth of 18%. Net earnings were $19.7M. The effective tax rate was -12.1%.
Operating cash flow was $51.8M (up 658% year over year), 263% of net earnings. Non-cash charges added back $20.9M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $6.4M. Capital expenditures of $17.0M left free cash flow of $34.8M.
Questions
What was LSB Industries' revenue in the first quarter 2026?
LSB Industries (LXU) reported revenue of $169M for the first quarter 2026 (Q1 2026), +18% from a year earlier and +3% from the quarter before.
Was LSB Industries profitable in the first quarter 2026?
Operating profit was $23.2M (13.7% of revenue) and net earnings $19.7M.
Source: LSB Industries 10-Q on SEC EDGAR.