Filing Flows › NPK International (NPKI) › Q1 2026
NPK International (NPKI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
NPK International (NPKI) reported revenue of $75.1M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -0.2% from the quarter before. Operating margin was 19.2%, net earnings $10.5M (13.9% of revenue).
NPK International, Q1 2026: revenue $75.1M (+16% year over year), operating margin 19.2%, net earnings $10.5M, operating cash flow $21.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $75.1M | -0.2% | +16% |
| Operating profit | $14.4M | +15% | +7% |
| Net earnings | $10.5M | -28% | +5% |
| Operating cash flow | $21.1M | +17% | +139% |
| Free cash flow | $4.4M | -23% | — |
What changed
Revenue was $75.1M in Q1 2026, up 16% year over year and roughly flat from the previous quarter.
Operating profit was $14.4M, a 19.2% margin (down 1.7 points year over year). Of the extra revenue versus Q1 2025, 9% reached operating profit, below the 21% margin then. Total costs grew 18% against revenue growth of 16%. Net earnings were $10.5M, up 5% year over year. The effective tax rate was 25.6%.
Operating cash flow was $21.1M (up 139% year over year), 202% of net earnings. Non-cash charges added back $8.2M of depreciation and amortization and $1.7M of share-based compensation. Capital expenditures of $16.7M left free cash flow of $4.4M.
Questions
What was NPK International's revenue in the first quarter 2026?
NPK International (NPKI) reported revenue of $75.1M for the first quarter 2026 (Q1 2026), +16% from a year earlier and -0.2% from the quarter before.
Was NPK International profitable in the first quarter 2026?
Operating profit was $14.4M (19.2% of revenue) and net earnings $10.5M.
Source: NPK International 10-Q on SEC EDGAR.