Filing Flows › Monro (MNRO) › Q1 FY26
Monro (MNRO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 30, 2025
Monro (MNRO) reported revenue of $301M for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier and +2% from the quarter before. Operating margin was -2.0%, net loss $8.1M (2.7% of revenue).
Monro, Q1 FY26: revenue $301M (+3% year over year), operating margin -2.0%, net loss $8.1M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $301M | +2% | +3% |
| Operating profit | −$6.1M | — | — |
| Net earnings | −$8.1M | — | — |
| Operating cash flow | −$1.9M | -107% | — |
What changed
Revenue was $301.0M in Q1 FY26, up 3% year over year and up 2% from the previous quarter. Tires was the largest line at 46% of revenue. Brakes added $3.2M year over year (up 8%), 41% of the total change. Exhaust declined 11%.
Gross margin was 35.5%, down 1.7 points from a year earlier. Operating costs exceeded revenue by $6.1M, an operating margin of -2.0%. Operating expenses grew 18% against revenue growth of 3%. The quarter ended with a net loss of $8.1M, narrower than the previous quarter's $21.3M loss. Net interest and other expense of $4.6M was the main reason.
Operating cash flow was −$1.9M. Non-cash charges added back $15.6M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $10.5M. Capital expenditures of $7.4M exceeded it, leaving free cash flow of −$9.3M.
Questions
What was Monro's revenue in the first quarter fiscal 2026?
Monro (MNRO) reported revenue of $301M for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier and +2% from the quarter before.
Was Monro profitable in the first quarter fiscal 2026?
Operating loss was $6.1M (-2.0% of revenue) and net loss $8.1M.
Source: Monro 10-Q on SEC EDGAR.