Filing Flows › Omnicell (OMCL) › Q1 2026
Omnicell (OMCL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Omnicell (OMCL) reported revenue of $310M for the first quarter 2026 (Q1 2026), +15% from a year earlier and -1% from the quarter before. Operating margin was 5.4%, net earnings $11.4M (3.7% of revenue).
Omnicell, Q1 2026: revenue $310M (+15% year over year), operating margin 5.4%, net earnings $11.4M, operating cash flow $54.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $310M | -1% | +15% |
| Gross profit | $140M | +8% | +27% |
| Operating profit | $16.9M | 41× | — |
| Net earnings | $11.4M | — | — |
| Operating cash flow | $54.5M | +80% | +110% |
| Free cash flow | $42.1M | +86% | +185% |
What changed
Revenue was $309.9M in Q1 2026, up 15% year over year and down 1% from the previous quarter. Connected devices, software licenses, and other was the largest line at 48% of revenue. Connected devices, software licenses, and other added $28.6M year over year (up 24%), 71% of the total change.
Gross margin was 45.3%, up 4.2 points from Q1 2025. Operating profit was $16.9M, a 5.4% margin (up 9.7 points year over year). Operating expenses grew 1% against revenue growth of 15%. Net earnings were $11.4M. The effective tax rate was 32.8%.
Operating cash flow was $54.5M (up 110% year over year), 480% of net earnings. Non-cash charges added back $18.6M of depreciation and amortization and $9.5M of share-based compensation. Working capital and other items added $15.1M. Capital expenditures of $12.4M left free cash flow of $42.1M.
Questions
What was Omnicell's revenue in the first quarter 2026?
Omnicell (OMCL) reported revenue of $310M for the first quarter 2026 (Q1 2026), +15% from a year earlier and -1% from the quarter before.
Was Omnicell profitable in the first quarter 2026?
Operating profit was $16.9M (5.4% of revenue) and net earnings $11.4M.
Source: Omnicell 10-Q on SEC EDGAR.