Filing Flows › Marzetti (MZTI) › Q1 FY26
Marzetti (MZTI) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 4, 2025
Marzetti (MZTI) reported revenue of $493M for the first quarter fiscal 2026 (Q1 FY26), +6% from a year earlier and +4% from the quarter before. Operating margin was 12.0%, net earnings $47.2M (9.6% of revenue).
Marzetti, Q1 FY26: revenue $493M (+6% year over year), operating margin 12.0%, net earnings $47.2M, operating cash flow $69.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $493M | +4% | +6% |
| Gross profit | $119M | +12% | +7% |
| Operating profit | $59.3M | +52% | +6% |
| Net earnings | $47.2M | +45% | +6% |
| Operating cash flow | $69.5M | -21% | +249% |
| Free cash flow | $53.9M | -27% | 24× |
What changed
Revenue was $493.5M in Q1 FY26, up 6% year over year and up 4% from the previous quarter. Retail was the largest line at 50% of revenue. Foodservice added $18.6M year over year (up 8%), 69% of the total change.
Gross margin was 24.1%, up 0.3 points from a year earlier. Operating profit was $59.3M, a 12.0% margin (unchanged year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, above the 12% margin then. Operating expenses grew 8% against revenue growth of 6%. Net earnings were $47.2M, up 6% year over year. The effective tax rate was 22.4%.
Operating cash flow was $69.5M (up 249% year over year), 147% of net earnings. Non-cash charges added back $16.7M of depreciation and amortization and $2.6M of share-based compensation. Capital expenditures of $15.6M left free cash flow of $53.9M.
Questions
What was Marzetti's revenue in the first quarter fiscal 2026?
Marzetti (MZTI) reported revenue of $493M for the first quarter fiscal 2026 (Q1 FY26), +6% from a year earlier and +4% from the quarter before.
Was Marzetti profitable in the first quarter fiscal 2026?
Operating profit was $59.3M (12.0% of revenue) and net earnings $47.2M.
Source: Marzetti 10-Q on SEC EDGAR.