Filing Flows › Modine Manufacturing (MOD) › Q1 FY27 › vs Q4 FY26
Modine Manufacturing (MOD) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Modine Manufacturing's revenue fell $80.3M (-8%) from $954M in Q4 FY26 to $874M in Q1 FY27. Gross margin 20.8% against 22.5% (-1.7 pts).
Modine Manufacturing, Q1 FY27: revenue $874M (+28% year over year), operating margin 8.6%, net earnings $74.3M, operating cash flow $41.4M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 20.8% | 22.5% | -1.7 pts |
| Operating margin | 8.6% | 10.9% | -2.3 pts |
| Net margin | 8.5% | 7.7% | +0.8 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $874M | $954M | −$80.3M | -8% |
| Gross profit | $182M | $215M | −$32.7M | -15% |
| Cost of revenue | $692M | $740M | −$47.6M | -6% |
| Operating profit | $74.8M | $104M | −$29.1M | -28% |
| Operating expenses | $107M | $111M | −$3.6M | -3% |
| Pre-tax earnings | $68.6M | $95.6M | −$27.0M | -28% |
| Other expense, net | $6.2M | $8.3M | −$2.1M | -25% |
| SG&A | $103M | $102M | $1.6M | +2% |
| Other operating costs | $3.9M | $9.1M | −$5.2M | -57% |
| Income tax benefit | $5.7M | −$22.0M | $27.7M | — |
| Net earnings | $74.3M | $73.6M | $700K | +1% |
| Depreciation & amortization | $20.7M | $20.6M | $100K | +0.5% |
| Share-based compensation | $8.0M | $8.0M | $0 | 0% |
| Working capital & other | $61.6M | −$92.7M | $154M | — |
| Operating cash flow | $41.4M | $195M | −$154M | -79% |
| Capital expenditures | $46.4M | $42.1M | $4.3M | +10% |
| Negative free cash flow (OCF − capex) | $5.0M | −$153M | $158M | — |
Questions
How much did Modine Manufacturing's revenue grow quarter over quarter in Q1 FY27?
Modine Manufacturing's revenue fell $80.3M (-8%) from $954M in Q4 FY26 to $874M in Q1 FY27. Gross margin 20.8% against 22.5% (-1.7 pts).