Filing Flows › RCM Technologies (RCMT) › Q1 2026 › vs Q1 2025
RCM Technologies (RCMT) Q1 2026 vs Q1 2025 (year over year)
RCM Technologies's revenue fell $1.4M (-2%) from $84.5M in Q1 2025 to $83.0M in Q1 2026. The biggest changes: Engineering Services −$6.0M (-19%); Health Care +$4.8M (+11%); Technology Service −$251K (-3%). Gross margin 26.5% against 26.0% (+0.5 pts).
RCM Technologies, Q1 2026: revenue $83.0M (-2% year over year), operating margin 7.2%, net earnings $3.8M, operating cash flow $2.7M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 26.5% | 26.0% | +0.5 pts |
| Operating margin | 7.2% | 7.8% | -0.6 pts |
| Net margin | 4.6% | 5.0% | -0.3 pts |
| Free cash flow margin | 3.1% | 19.2% | -16.1 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Health Care | $48.1M | $43.3M | $4.8M | +11% |
| Engineering Services | $26.1M | $32.1M | −$6.0M | -19% |
| Technology Service | $8.8M | $9.0M | −$251K | -3% |
| Revenue | $83.0M | $84.5M | −$1.4M | -2% |
| Gross profit | $22.0M | $22.0M | $43K | +0.2% |
| Cost of revenue | $61.0M | $62.5M | −$1.5M | -2% |
| Operating profit | $5.9M | $6.6M | −$645K | -10% |
| Operating expenses | $16.1M | $15.4M | $688K | +4% |
| Pre-tax earnings | $5.4M | $5.9M | −$509K | -9% |
| Other expense, net | $562K | $698K | −$136K | -19% |
| SG&A | $15.5M | $15.0M | $558K | +4% |
| Other operating costs | $554K | $424K | $130K | +31% |
| Net earnings | $3.8M | $4.2M | −$342K | -8% |
| Income tax | $1.5M | $1.7M | −$167K | -10% |
| Depreciation & amortization | $554K | $424K | $130K | +31% |
| Share-based compensation | $1.0M | $773K | $235K | +30% |
| Working capital & other | $2.7M | −$11.3M | $14.0M | — |
| Operating cash flow | $2.7M | $16.7M | −$14.0M | -84% |
| Free cash flow (OCF − capex) | $2.6M | $16.2M | −$13.7M | -84% |
| Capital expenditures | $97K | $427K | −$330K | -77% |
Questions
How much did RCM Technologies's revenue grow year over year in Q1 2026?
RCM Technologies's revenue fell $1.4M (-2%) from $84.5M in Q1 2025 to $83.0M in Q1 2026.
What drove RCM Technologies's revenue change in Q1 2026?
Engineering Services −$6.0M (-19%); Health Care +$4.8M (+11%); Technology Service −$251K (-3%).