Filing Flows › Mohawk Industries (MHK) › Q1 2026
Mohawk Industries (MHK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Mohawk Industries (MHK) reported revenue of $2.7B for the first quarter 2026 (Q1 2026), +8% from a year earlier and +1% from the quarter before. Operating margin was 4.1%, net earnings $117M (4.3% of revenue).
Mohawk Industries, Q1 2026: revenue $2.7B (+8% year over year), operating margin 4.1%, net earnings $117M, operating cash flow $110M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | +1% | +8% |
| Gross profit | $642M | +3% | +10% |
| Operating profit | $112M | +64% | +16% |
| Net earnings | $117M | +179% | +61% |
| Operating cash flow | $110M | -76% | 30× |
| Free cash flow | $7.8M | — | — |
What changed
Revenue was $2.7B in Q1 2026, up 8% year over year and up 1% from the previous quarter. Ceramic & Stone was the largest line at 40% of revenue. Ceramic & Stone added $0.11B year over year (up 11%), 52% of the total change.
Gross margin was 23.5%, up 0.4 points from Q1 2025. Operating profit was $0.11B, a 4.1% margin (up 0.3 points year over year). Of the extra revenue versus Q1 2025, 8% reached operating profit, above the 4% margin then. Operating expenses grew 9% against revenue growth of 8%. Net earnings were $0.12B, up 61% year over year. The effective tax rate was -8.2%.
Operating cash flow was $0.11B (up 2876% year over year), 94% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.20B. After capital expenditures ($0.10B), free cash flow as the company reports it was $0.01B.
Questions
What was Mohawk Industries' revenue in the first quarter 2026?
Mohawk Industries (MHK) reported revenue of $2.7B for the first quarter 2026 (Q1 2026), +8% from a year earlier and +1% from the quarter before.
Was Mohawk Industries profitable in the first quarter 2026?
Operating profit was $112M (4.1% of revenue) and net earnings $117M.
Source: Mohawk Industries 10-Q on SEC EDGAR.