Filing Flows › Champion Homes (SKY) › Q1 FY26
Champion Homes (SKY) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 6, 2025
Champion Homes (SKY) reported revenue of $701M for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and +18% from the quarter before. Operating margin was 11.2%, net earnings $64.7M (9.2% of revenue).
Champion Homes, Q1 FY26: revenue $701M (+12% year over year), operating margin 11.2%, net earnings $64.7M, operating cash flow $75.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $701M | +18% | +12% |
| Gross profit | $190M | +25% | +16% |
| Operating profit | $78.5M | +86% | +42% |
| Net earnings | $64.7M | +78% | +41% |
| Operating cash flow | $75.3M | +64% | -11% |
| Free cash flow | $66.4M | +99% | -10% |
What changed
Revenue was $701.3M in Q1 FY26, up 12% year over year and up 18% from the previous quarter. Manufacturing was the largest line at 65% of revenue. Manufacturing added $54.0M year over year (up 13%), 73% of the total change.
Gross margin was 27.1%, up 0.9 points from a year earlier. Operating profit was $78.5M, a 11.2% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 9% margin then. Operating expenses grew 2% against revenue growth of 12%. Net earnings were $64.7M, up 41% year over year. The effective tax rate was 21.1%.
Operating cash flow was $75.3M (down 11% year over year), 114% of net earnings. Non-cash charges added back $11.9M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $7.6M. Capital expenditures of $8.9M left free cash flow of $66.4M.
Questions
What was Champion Homes' revenue in the first quarter fiscal 2026?
Champion Homes (SKY) reported revenue of $701M for the first quarter fiscal 2026 (Q1 FY26), +12% from a year earlier and +18% from the quarter before.
Was Champion Homes profitable in the first quarter fiscal 2026?
Operating profit was $78.5M (11.2% of revenue) and net earnings $64.7M.
Source: Champion Homes 10-Q on SEC EDGAR.