Filing Flows › Snap-on (SNA) › Q1 2026
Snap-on (SNA) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Snap-on (SNA) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), +5% from a year earlier and -2% from the quarter before. Operating margin was 24.4%, net earnings $247M (18.9% of revenue).
Snap-on, Q1 2026: revenue $1.3B (+5% year over year), operating margin 24.4%, net earnings $247M, operating cash flow $369M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -2% | +5% |
| Operating profit | $319M | -6% | +2% |
| Net earnings | $247M | -5% | +3% |
| Operating cash flow | $369M | +38% | +24% |
| Free cash flow | $348M | +36% | +26% |
What changed
Revenue was $1.3B in Q1 2026, up 5% year over year and down 2% from the previous quarter. Product and Services, Excluding Financial Services was the largest line at 92% of revenue. Product and Services, Excluding Financial Services added $0.07B year over year (up 6%), 102% of the total change. Financial services revenue declined 1%.
Operating profit was $0.32B, a 24.4% margin (down 0.8 points year over year). Of the extra revenue versus Q1 2025, 8% reached operating profit, below the 25% margin then. Total costs grew 6% against revenue growth of 5%. Net earnings were $0.25B, up 3% year over year. The effective tax rate was 21.6%.
Operating cash flow was $0.37B (up 24% year over year), 145% of net income including minority interests. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $0.02B left free cash flow of $0.35B.
Questions
What was Snap-on's revenue in the first quarter 2026?
Snap-on (SNA) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), +5% from a year earlier and -2% from the quarter before.
Was Snap-on profitable in the first quarter 2026?
Operating profit was $319M (24.4% of revenue) and net earnings $247M.
Source: Snap-on 10-Q on SEC EDGAR.