Filing Flows › Nobility Homes (NOBH) › Q1 FY26
Nobility Homes (NOBH) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Mar 17, 2026
Nobility Homes (NOBH) reported revenue of $10.5M for the first quarter fiscal 2026 (Q1 FY26), -14% from a year earlier and -23% from the quarter before. Operating margin was 17.4%, net earnings $1.6M (15.5% of revenue).
Nobility Homes, Q1 FY26: revenue $10.5M (-14% year over year), operating margin 17.4%, net earnings $1.6M, operating cash flow $1.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.5M | -23% | -14% |
| Gross profit | $3.2M | -26% | -19% |
| Operating profit | $1.8M | -35% | -20% |
| Net earnings | $1.6M | -31% | -18% |
| Operating cash flow | $1.8M | +947% | -24% |
| Free cash flow | $1.8M | +975% | -20% |
What changed
Revenue was $10.5M in Q1 FY26, down 14% year over year and down 23% from the previous quarter. Manufactured Housing was the largest line at 99% of revenue. Manufactured Housing lost $1.8M year over year (down 14%), 101% of the total change.
Gross margin was 30.4%, down 2.0 points from a year earlier. Operating profit was $1.8M, a 17.4% margin (down 1.3 points year over year). Operating expenses fell 18% while revenue fell 14%. Net earnings were $1.6M, down 18% year over year. The effective tax rate was 25.3%.
Operating cash flow was $1.8M (down 24% year over year), 112% of net earnings. Non-cash charges added back $67K of depreciation and $60K of share-based compensation. Capital expenditures of $0K left free cash flow of $1.8M.
Questions
What was Nobility Homes' revenue in the first quarter fiscal 2026?
Nobility Homes (NOBH) reported revenue of $10.5M for the first quarter fiscal 2026 (Q1 FY26), -14% from a year earlier and -23% from the quarter before.
Was Nobility Homes profitable in the first quarter fiscal 2026?
Operating profit was $1.8M (17.4% of revenue) and net earnings $1.6M.
Source: Nobility Homes 10-Q on SEC EDGAR.