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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).

Revenue$73.7M
Year over year+14%
Quarter over quarter-15%
Operating margin13.0%
Net earnings$8.8M

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 2026AmountQ/QY/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.

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Source: Mntn 10-Q on SEC EDGAR.