Filing Flows › Reynolds Consumer Products (REYN) › Q1 2026
Reynolds Consumer Products (REYN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Reynolds Consumer Products (REYN) reported revenue of $877M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -15% from the quarter before. Operating margin was 8.8%, net earnings $59.0M (6.7% of revenue).
Reynolds Consumer Products, Q1 2026: revenue $877M (+7% year over year), operating margin 8.8%, net earnings $59.0M, operating cash flow $71.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $877M | -15% | +7% |
| Gross profit | $207M | -22% | +10% |
| Operating profit | $77.0M | -50% | +83% |
| Net earnings | $59.0M | -50% | +90% |
| Operating cash flow | $71.0M | -70% | +27% |
| Free cash flow | $27.0M | -86% | +59% |
What changed
Revenue was $877.0M in Q1 2026, up 7% year over year and down 15% from the previous quarter.
Gross margin was 23.6%, up 0.5 points from Q1 2025. Operating profit was $77.0M, a 8.8% margin (up 3.6 points year over year). Of the extra revenue versus Q1 2025, 59% reached operating profit, above the 5% margin then. Operating expenses fell 12% while revenue rose 7%. Net earnings were $59.0M, up 90% year over year. The effective tax rate was 23.4%.
Operating cash flow was $71.0M (up 27% year over year), 120% of net earnings. Non-cash charges added back $33.0M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $25.0M. Capital expenditures of $44.0M left free cash flow of $27.0M.
Questions
What was Reynolds Consumer Products' revenue in the first quarter 2026?
Reynolds Consumer Products (REYN) reported revenue of $877M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -15% from the quarter before.
Was Reynolds Consumer Products profitable in the first quarter 2026?
Operating profit was $77.0M (8.8% of revenue) and net earnings $59.0M.