Filing Flows › Olin (OLN) › Q1 2026
Olin (OLN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Olin (OLN) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before. Operating margin was -4.9%, net loss $83.0M (5.2% of revenue).
Olin, Q1 2026: revenue $1.6B (-4% year over year), operating margin -4.9%, net loss $83.0M, operating cash flow −$48.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -5% | -4% |
| Operating profit | −$78.3M | — | -279% |
| Net earnings | −$83.0M | — | -7017% |
| Operating cash flow | −$48.6M | -115% | — |
What changed
Revenue was $1.6B in Q1 2026, down 4% year over year and down 5% from the previous quarter. Chlor Alkali Products and Vinyls was the largest line at 48% of revenue. Chlor Alkali Products and Vinyls lost $0.17B year over year (down 18%), 274% of the total change.
Gross margin was 4.8%, down 4.3 points from Q1 2025. Operating costs exceeded revenue by $0.08B, an operating margin of -4.9%. Operating expenses grew 47% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+127%). The quarter ended with a net loss of $0.08B, narrower than the previous quarter's $0.14B loss.
Operating cash flow was −$0.05B. Non-cash charges added back $0.12B of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was Olin's revenue in the first quarter 2026?
Olin (OLN) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), -4% from a year earlier and -5% from the quarter before.
Was Olin profitable in the first quarter 2026?
Operating loss was $78.3M (-4.9% of revenue) and net loss $83.0M.
Source: Olin 10-Q on SEC EDGAR.