Filing Flows › Nwpx Infrastructure (NWPX) › Q1 2026
Nwpx Infrastructure (NWPX) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Nwpx Infrastructure (NWPX) reported revenue of $138M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +10% from the quarter before. Operating margin was 9.2%, net earnings $10.5M (7.6% of revenue).
Nwpx Infrastructure, Q1 2026: revenue $138M (+19% year over year), operating margin 9.2%, net earnings $10.5M, operating cash flow $29.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $138M | +10% | +19% |
| Gross profit | $26.7M | -0.3% | +38% |
| Operating profit | $12.7M | -3% | +127% |
| Net earnings | $10.5M | +19% | +166% |
| Operating cash flow | $29.3M | -19% | +504% |
| Free cash flow | $25.8M | -16% | 22× |
What changed
Revenue was $138.3M in Q1 2026, up 19% year over year and up 10% from the previous quarter.
Gross margin was 19.3%, up 2.6 points from Q1 2025. Operating profit was $12.7M, a 9.2% margin (up 4.4 points year over year). Of the extra revenue versus Q1 2025, 32% reached operating profit, above the 5% margin then. Operating expenses grew 2% against revenue growth of 19%. Net earnings were $10.5M, up 166% year over year. The effective tax rate was 16.0%.
Operating cash flow was $29.3M (up 504% year over year), 278% of net earnings. Non-cash charges added back $1.3M of share-based compensation. Working capital and other items added $17.4M. Capital expenditures of $3.5M left free cash flow of $25.8M.
Questions
What was Nwpx Infrastructure's revenue in the first quarter 2026?
Nwpx Infrastructure (NWPX) reported revenue of $138M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +10% from the quarter before.
Was Nwpx Infrastructure profitable in the first quarter 2026?
Operating profit was $12.7M (9.2% of revenue) and net earnings $10.5M.