Filing Flows › Marzetti (MZTI) › Q1 FY27
Marzetti (MZTI) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 3, 2026
Marzetti (MZTI) reported revenue of $482M for the first quarter fiscal 2027 (Q1 FY27), -2% from a year earlier and +4% from the quarter before. Operating margin was 8.6%, net earnings $29.3M (6.1% of revenue).
Marzetti, Q1 FY27: revenue $482M (-2% year over year), operating margin 8.6%, net earnings $29.3M, operating cash flow $51.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $482M | +4% | -2% |
| Gross profit | $111M | -3% | -7% |
| Operating profit | $41.4M | -28% | -30% |
| Net earnings | $29.3M | -39% | -38% |
| Operating cash flow | $51.0M | -8% | -27% |
| Free cash flow | $33.1M | +3% | -39% |
What changed
Revenue was $481.5M in Q1 FY27, down 2% year over year and up 4% from the previous quarter. Retail was the largest line at 52% of revenue. Foodservice lost $16.8M year over year (down 7%), 141% of the total change.
Gross margin was 23.0%, down 1.1 points from Q1 FY26. Operating profit was $41.4M, a 8.6% margin (down 3.4 points year over year). Operating expenses grew 16% against a revenue fall of 2%. Net earnings were $29.3M, down 38% year over year. The effective tax rate was 24.4%.
Operating cash flow was $51.0M (down 27% year over year), 174% of net earnings. Non-cash charges added back $20.5M of depreciation and amortization and $2.8M of share-based compensation. Capital expenditures of $17.8M left free cash flow of $33.1M.
Questions
What was Marzetti's revenue in the first quarter fiscal 2027?
Marzetti (MZTI) reported revenue of $482M for the first quarter fiscal 2027 (Q1 FY27), -2% from a year earlier and +4% from the quarter before.
Was Marzetti profitable in the first quarter fiscal 2027?
Operating profit was $41.4M (8.6% of revenue) and net earnings $29.3M.
Source: Marzetti 10-Q on SEC EDGAR.