Filing Flows › Pricesmart (PSMT) › Q1 FY26
Pricesmart (PSMT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 7, 2026
Pricesmart (PSMT) reported revenue of $1.4B for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +4% from the quarter before. Operating margin was 4.6%, net earnings $40.2M (2.9% of revenue).
Pricesmart, Q1 FY26: revenue $1.4B (+10% year over year), operating margin 4.6%, net earnings $40.2M, operating cash flow $71.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +4% | +10% |
| Operating profit | $62.9M | +19% | +8% |
| Net earnings | $40.2M | +27% | +7% |
| Operating cash flow | $71.2M | -13% | +85% |
| Free cash flow | $32.6M | +27% | +215% |
What changed
Revenue was $1.4B in Q1 FY26, up 10% year over year and up 4% from the previous quarter. Foods & Sundries was the largest line at 46% of revenue. Foods & Sundries added $0.06B year over year (up 10%), 46% of the total change. Export sales declined 99%.
Operating profit was $0.06B, a 4.6% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 5% margin then. Total costs grew 10% against revenue growth of 10%. The fastest-growing cost line was General & admin (+16%). Net earnings were $0.04B, up 7% year over year. The effective tax rate was 27.9%.
Operating cash flow was $0.07B (up 85% year over year), 177% of net earnings. Non-cash charges added back $0.02B of depreciation and $0.01B of share-based compensation. Capital expenditures of $0.04B left free cash flow of $0.03B.
Questions
What was Pricesmart's revenue in the first quarter fiscal 2026?
Pricesmart (PSMT) reported revenue of $1.4B for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +4% from the quarter before.
Was Pricesmart profitable in the first quarter fiscal 2026?
Operating profit was $62.9M (4.6% of revenue) and net earnings $40.2M.
Source: Pricesmart 10-Q on SEC EDGAR.