Filing Flows › RCM Technologies (RCMT) › Q1 2026
RCM Technologies (RCMT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
RCM Technologies (RCMT) reported revenue of $83.0M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -4% from the quarter before. Operating margin was 7.2%, net earnings $3.8M (4.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $83.0M | -4% | -2% |
| Gross profit | $22.0M | -9% | +0.2% |
| Operating profit | $5.9M | -26% | -10% |
| Net earnings | $3.8M | -37% | -8% |
| Operating cash flow | $2.7M | -77% | -84% |
| Free cash flow | $2.6M | -77% | -84% |
What changed
Revenue was $83.0M in Q1 2026, down 2% year over year and down 4% from the previous quarter. Health Care was the largest line at 58% of revenue. Engineering Services lost $6.0M year over year (down 19%), 418% of the total change.
Gross margin was 26.5%, up 0.5 points from Q1 2025. Operating profit was $5.9M, a 7.2% margin (down 0.6 points year over year). Operating expenses grew 4% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+31%). Net earnings were $3.8M, down 8% year over year. The effective tax rate was 28.5%.
Operating cash flow was $2.7M (down 84% year over year), 69% of net earnings. Non-cash charges added back $554K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $2.7M. Capital expenditures of $97K left free cash flow of $2.6M.
Questions
What was RCM Technologies' revenue in the first quarter 2026?
RCM Technologies (RCMT) reported revenue of $83.0M for the first quarter 2026 (Q1 2026), -2% from a year earlier and -4% from the quarter before.
Was RCM Technologies profitable in the first quarter 2026?
Operating profit was $5.9M (7.2% of revenue) and net earnings $3.8M.
Source: RCM Technologies 10-Q on SEC EDGAR.