Filing Flows › RGC Resources (RGCO) › Q1 FY26
RGC Resources (RGCO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 9, 2026
RGC Resources (RGCO) reported revenue of $30.3M for the first quarter fiscal 2026 (Q1 FY26), +11% from a year earlier and +111% from the quarter before. Operating margin was 21.6%, net earnings $4.9M (16.1% of revenue).
RGC Resources, Q1 FY26: revenue $30.3M (+11% year over year), operating margin 21.6%, net earnings $4.9M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.3M | +111% | +11% |
| Operating profit | $6.6M | — | -11% |
| Net earnings | $4.9M | — | -7% |
| Operating cash flow | $1.1M | +60% | +31% |
What changed
Revenue was $30.3M in Q1 FY26, up 11% year over year and up 111% from the previous quarter. Gas Utility was the largest line at 100% of revenue. Gas Utility added $3.0M year over year (up 11%), 100% of the total change. Non-utility declined 4%.
Operating profit was $6.6M, a 21.6% margin (down 5.2 points year over year). Operating profit fell $778K even though revenue rose $3.0M versus a year earlier, so costs grew faster than sales. Total costs grew 19% against revenue growth of 11%. Net earnings were $4.9M, down 7% year over year. The effective tax rate was 21.4%.
Operating cash flow was $1.1M (up 31% year over year), 22% of net earnings. Non-cash charges added back $3.1M of depreciation and amortization and $113K of share-based compensation. Working capital and other items used $7.0M. Capital expenditures of $5.6M exceeded it, leaving free cash flow of −$4.6M.
Questions
What was RGC Resources' revenue in the first quarter fiscal 2026?
RGC Resources (RGCO) reported revenue of $30.3M for the first quarter fiscal 2026 (Q1 FY26), +11% from a year earlier and +111% from the quarter before.
Was RGC Resources profitable in the first quarter fiscal 2026?
Operating profit was $6.6M (21.6% of revenue) and net earnings $4.9M.
Source: RGC Resources 10-Q on SEC EDGAR.