Filing Flows › Simply Good Foods (SMPL) › Q1 FY26
Simply Good Foods (SMPL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 8, 2026
Simply Good Foods (SMPL) reported revenue of $340M for the first quarter fiscal 2026 (Q1 FY26), -0.3% from a year earlier and -8% from the quarter before. Operating margin was 11.0%, net earnings $25.3M (7.4% of revenue).
Simply Good Foods, Q1 FY26: revenue $340M (-0.3% year over year), operating margin 11.0%, net earnings $25.3M, operating cash flow $50.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $340M | -8% | -0.3% |
| Gross profit | $110M | -13% | -16% |
| Operating profit | $37.6M | — | -31% |
| Net earnings | $25.3M | — | -34% |
| Operating cash flow | $50.1M | +10% | +56% |
| Free cash flow | $48.0M | +76% | +51% |
What changed
Revenue was $340.2M in Q1 FY26, roughly flat year over year and down 8% from the previous quarter.
Gross margin was 32.3%, down 5.9 points from a year earlier. Operating profit was $37.6M, a 11.0% margin (down 5.0 points year over year). Operating expenses fell 5% while revenue was flat. Net earnings were $25.3M, down 34% year over year. The effective tax rate was 25.3%.
Operating cash flow was $50.1M (up 56% year over year), 198% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $15.5M. Capital expenditures of $2.1M left free cash flow of $48.0M.
Questions
What was Simply Good Foods' revenue in the first quarter fiscal 2026?
Simply Good Foods (SMPL) reported revenue of $340M for the first quarter fiscal 2026 (Q1 FY26), -0.3% from a year earlier and -8% from the quarter before.
Was Simply Good Foods profitable in the first quarter fiscal 2026?
Operating profit was $37.6M (11.0% of revenue) and net earnings $25.3M.
Source: Simply Good Foods 10-Q on SEC EDGAR.