Filing Flows › National Bankshares (NKSH) › Q1 2026 › vs Q1 2025
National Bankshares (NKSH) Q1 2026 vs Q1 2025 (year over year)
National Bankshares's revenue rose $2.5M (+19%) from $12.8M in Q1 2025 to $15.3M in Q1 2026. Operating margin 39.5% against 30.5% (+9.1 pts).
National Bankshares, Q1 2026: revenue $15.3M (+19% year over year), operating margin 39.5%, net earnings $5.0M, operating cash flow $3.3M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 39.5% | 30.5% | +9.1 pts |
| Net margin | 32.6% | 25.3% | +7.3 pts |
| Free cash flow margin | 20.1% | 12.5% | +7.6 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $15.3M | $12.8M | $2.5M | +19% |
| Operating profit | $6.0M | $3.9M | $2.1M | +55% |
| Costs & expenses | $9.3M | $8.9M | $346K | +4% |
| Pre-tax earnings | $6.0M | $3.9M | $2.1M | +55% |
| Net earnings | $5.0M | $3.2M | $1.7M | +54% |
| Income tax | $1.1M | $666K | $400K | +60% |
| Depreciation & amortization | $401K | $345K | $56K | +16% |
| Share-based compensation | $62K | $43K | $19K | +44% |
| Working capital & other | $2.1M | $1.1M | $1.1M | +103% |
| Operating cash flow | $3.3M | $2.6M | $734K | +29% |
| Free cash flow (OCF − capex) | $3.1M | $1.6M | $1.5M | +92% |
| Capital expenditures | $229K | $963K | −$734K | -76% |
Questions
How much did National Bankshares's revenue grow year over year in Q1 2026?
National Bankshares's revenue rose $2.5M (+19%) from $12.8M in Q1 2025 to $15.3M in Q1 2026. Operating margin 39.5% against 30.5% (+9.1 pts).