Filing Flows › Resources Connection (RGP) › Q1 FY27
Resources Connection (RGP) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 7, 2026
Resources Connection (RGP) reported revenue of $98.1M for the first quarter fiscal 2027 (Q1 FY27), -18% from a year earlier and -8% from the quarter before. Operating margin was -7.4%, net loss $8.0M (8.1% of revenue).
Resources Connection, Q1 FY27: revenue $98.1M (-18% year over year), operating margin -7.4%, net loss $8.0M, operating cash flow −$18.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $98.1M | -8% | -18% |
| Operating profit | −$7.3M | — | — |
| Net earnings | −$8.0M | — | — |
| Operating cash flow | −$18.9M | -1001% | — |
What changed
Revenue was $98.1M in Q1 FY27, down 18% year over year and down 8% from the previous quarter.
Gross margin was 37.4%, down 2.1 points from Q1 FY26. Operating costs exceeded revenue by $7.3M, an operating margin of -7.4%. Operating expenses fell 11% while revenue fell 18%. The quarter ended with a net loss of $8.0M, narrower than the previous quarter's $16.1M loss.
Operating cash flow was −$18.9M. Non-cash charges added back $897K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $13.2M. Capital expenditures of $294K exceeded it, leaving free cash flow of −$19.2M.
Questions
What was Resources Connection's revenue in the first quarter fiscal 2027?
Resources Connection (RGP) reported revenue of $98.1M for the first quarter fiscal 2027 (Q1 FY27), -18% from a year earlier and -8% from the quarter before.
Was Resources Connection profitable in the first quarter fiscal 2027?
Operating loss was $7.3M (-7.4% of revenue) and net loss $8.0M.