Filing Flows › Park National (PRK) › Q1 2026
Park National (PRK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Park National (PRK) reported revenue of $189M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +12% from the quarter before. Operating margin was 43.9%, net earnings $41.7M (22.1% of revenue).
Park National, Q1 2026: revenue $189M (+19% year over year), operating margin 43.9%, net earnings $41.7M, operating cash flow $30.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $189M | +12% | +19% |
| Operating profit | $82.7M | +57% | +61% |
| Net earnings | $41.7M | -2% | -1% |
| Operating cash flow | $30.9M | -47% | -18% |
| Free cash flow | $26.6M | -52% | -27% |
What changed
Revenue was $188.5M in Q1 2026, up 19% year over year and up 12% from the previous quarter.
Operating profit was $82.7M, a 43.9% margin (up 11.4 points year over year). Of the extra revenue versus Q1 2025, 103% reached operating profit, above the 32% margin then. Total costs fell 1% while revenue rose 19%. Net earnings were $41.7M, down 1% year over year. The effective tax rate was 12.1%.
Operating cash flow was $30.9M (down 18% year over year), 42% of net income including minority interests. Non-cash charges added back $4.1M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $48.2M. Capital expenditures of $4.3M left free cash flow of $26.6M.
Questions
What was Park National's revenue in the first quarter 2026?
Park National (PRK) reported revenue of $189M for the first quarter 2026 (Q1 2026), +19% from a year earlier and +12% from the quarter before.
Was Park National profitable in the first quarter 2026?
Operating profit was $82.7M (43.9% of revenue) and net earnings $41.7M.
Source: Park National 10-Q on SEC EDGAR.