Filing Flows › Sonoco Products (SON) › Q1 2026
Sonoco Products (SON) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Sonoco Products (SON) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -2% from a year earlier and -5% from the quarter before. Operating margin was 7.6%, net earnings $67.6M (4.0% of revenue).
Sonoco Products, Q1 2026: revenue $1.7B (-2% year over year), operating margin 7.6%, net earnings $67.6M, operating cash flow −$368M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | -5% | -2% |
| Gross profit | $346M | -0.4% | -2% |
| Operating profit | $127M | -76% | +0.2% |
| Net earnings | $67.6M | -80% | +24% |
| Operating cash flow | −$368M | -189% | — |
What changed
Revenue was $1.7B in Q1 2026, down 2% year over year and down 5% from the previous quarter.
Gross margin was 20.6%, down 0.1 points from Q1 2025. Operating profit was $0.13B, a 7.6% margin (up 0.2 points year over year). Operating expenses fell 4% while revenue fell 2%. Net earnings were $0.07B, up 24% year over year. The effective tax rate was 12.3%.
Operating cash flow was −$0.37B. Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.57B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.43B.
Questions
What was Sonoco Products' revenue in the first quarter 2026?
Sonoco Products (SON) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -2% from a year earlier and -5% from the quarter before.
Was Sonoco Products profitable in the first quarter 2026?
Operating profit was $127M (7.6% of revenue) and net earnings $67.6M.
Source: Sonoco Products 10-Q on SEC EDGAR.