Filing Flows › Noble Romans (NROM) › Q1 2026
Noble Romans (NROM) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 29, 2026
Noble Romans (NROM) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -13% from the quarter before. Operating margin was 14.1%, net earnings $233K (6.0% of revenue).
Noble Romans, Q1 2026: revenue $3.9M (+4% year over year), operating margin 14.1%, net earnings $233K, operating cash flow $322K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | -13% | +4% |
| Operating profit | $550K | +222% | +10% |
| Net earnings | $233K | +629% | +78% |
| Operating cash flow | $322K | -2% | +160% |
| Free cash flow | $281K | -6% | +169% |
What changed
Revenue was $3.9M in Q1 2026, up 4% year over year and down 13% from the previous quarter.
Operating profit was $550K, a 14.1% margin (up 0.8 points year over year). Of the extra revenue versus Q1 2025, 34% reached operating profit, above the 13% margin then. Total costs grew 3% against revenue growth of 4%. The fastest-growing cost line was General & admin (+44%). Net earnings were $233K, up 78% year over year. The effective tax rate was 24.0%.
Operating cash flow was $322K (up 160% year over year), 139% of net earnings. Non-cash charges added back $104K of depreciation and amortization and $14K of share-based compensation. Working capital and other items used $28K. Capital expenditures of $42K left free cash flow of $281K.
Questions
What was Noble Romans' revenue in the first quarter 2026?
Noble Romans (NROM) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -13% from the quarter before.
Was Noble Romans profitable in the first quarter 2026?
Operating profit was $550K (14.1% of revenue) and net earnings $233K.
Source: Noble Romans 10-Q on SEC EDGAR.