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Myers Industries (MYE) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Myers Industries (MYE) reported revenue of $165M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -19% from the quarter before. Operating margin was 15.1%, net loss $1.8M (1.1% of revenue).

Revenue$165M
Year over year+2%
Quarter over quarter-19%
Operating margin15.1%
Net earnings−$1.8M

Myers Industries, Q1 2026: revenue $165M (+2% year over year), operating margin 15.1%, net loss $1.8M, operating cash flow $26.2M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$165M-19%+2%
Operating profit$24.9M+19%+44%
Net earnings−$1.8M-116%-127%
Operating cash flow$26.2M+16%+159%
Free cash flow$23.4M+25%11×

What changed

Revenue was $164.6M in Q1 2026, up 2% year over year and down 19% from the previous quarter.

Gross margin was 34.4%, up 3.3 points from Q1 2025. Operating profit was $24.9M, a 15.1% margin (up 4.5 points year over year). Of the extra revenue versus Q1 2025, 263% reached operating profit, above the 11% margin then. Operating expenses fell 4% while revenue rose 2%. The quarter ended with a net loss of $1.8M, after a profit of $11.3M the previous quarter. Net interest and other expense of $22.3M was the main reason.

Operating cash flow was $26.2M (up 159% year over year). Non-cash charges added back $3.7M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $23.1M. Capital expenditures of $2.8M left free cash flow of $23.4M.

Questions

What was Myers Industries' revenue in the first quarter 2026?

Myers Industries (MYE) reported revenue of $165M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -19% from the quarter before.

Was Myers Industries profitable in the first quarter 2026?

Operating profit was $24.9M (15.1% of revenue) and net loss $1.8M.

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Source: Myers Industries 10-Q on SEC EDGAR.