Filing Flows › Mntn (MNTN) › Q1 2026
Mntn (MNTN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Mntn (MNTN) reported revenue of $73.7M for the first quarter 2026 (Q1 2026), +14% from a year earlier and -15% from the quarter before. Operating margin was 13.0%, net earnings $8.8M (11.9% of revenue).
Mntn, Q1 2026: revenue $73.7M (+14% year over year), operating margin 13.0%, net earnings $8.8M, operating cash flow $7.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.7M | -15% | +14% |
| Gross profit | $60.0M | -16% | +34% |
| Operating profit | $9.6M | -53% | — |
| Net earnings | $8.8M | -75% | — |
| Operating cash flow | $7.1M | -76% | +261% |
What changed
Revenue was $73.7M in Q1 2026, up 14% year over year and down 15% from the previous quarter.
Gross margin was 81.5%, up 12.2 points from a year earlier. Operating profit was $9.6M, a 13.0% margin (up 25.0 points year over year). Operating expenses fell 4% while revenue rose 14%. The fastest-growing cost line was Research & development (+52%). Net earnings were $8.8M. The effective tax rate was 24.6%.
Operating cash flow was $7.1M (up 261% year over year), 81% of net earnings. Non-cash charges added back $3.9M of share-based compensation. Working capital and other items used $5.5M.
Questions
What was Mntn's revenue in the first quarter 2026?
Mntn (MNTN) reported revenue of $73.7M for the first quarter 2026 (Q1 2026), +14% from a year earlier and -15% from the quarter before.
Was Mntn profitable in the first quarter 2026?
Operating profit was $9.6M (13.0% of revenue) and net earnings $8.8M.
Source: Mntn 10-Q on SEC EDGAR.