Filing Flows › SBC Medical Group Holdings (SBC) › Q1 2026
SBC Medical Group Holdings (SBC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
SBC Medical Group Holdings (SBC) reported revenue of $43.1M for the first quarter 2026 (Q1 2026), -9% from a year earlier and +9% from the quarter before. Operating margin was 41.2%, net earnings $11.3M (26.3% of revenue).
SBC Medical Group Holdings, Q1 2026: revenue $43.1M (-9% year over year), operating margin 41.2%, net earnings $11.3M, operating cash flow $9.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.1M | +9% | -9% |
| Gross profit | $30.3M | +5% | -20% |
| Operating profit | $17.7M | +38% | -27% |
| Net earnings | $11.3M | -20% | -47% |
| Operating cash flow | $9.2M | -82% | +379% |
| Free cash flow | $9.1M | -82% | +444% |
What changed
Revenue was $43.1M in Q1 2026, down 9% year over year and up 9% from the previous quarter. Procurement Services was the largest line at 29% of revenue. Franchising lost $6.6M year over year (down 42%), 155% of the total change.
Gross margin was 70.5%, down 9.3 points from Q1 2025. Operating profit was $17.7M, a 41.2% margin (down 10.0 points year over year). Operating expenses fell 7% while revenue fell 9%. Net earnings were $11.3M, down 47% year over year. The effective tax rate was 39.9%.
Operating cash flow was $9.2M (up 379% year over year), 81% of net earnings. Non-cash charges added back $670K of depreciation and amortization. Working capital and other items used $2.8M. Capital expenditures of $125K left free cash flow of $9.1M.
Questions
What was SBC Medical Group Holdings' revenue in the first quarter 2026?
SBC Medical Group Holdings (SBC) reported revenue of $43.1M for the first quarter 2026 (Q1 2026), -9% from a year earlier and +9% from the quarter before.
Was SBC Medical Group Holdings profitable in the first quarter 2026?
Operating profit was $17.7M (41.2% of revenue) and net earnings $11.3M.