Filing Flows › Spectrum Brands Holdings (SPB) › Q1 FY26
Spectrum Brands Holdings (SPB) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 5, 2026
Spectrum Brands Holdings (SPB) reported revenue of $677M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -8% from the quarter before. Operating margin was 4.0%, net earnings $28.4M (4.2% of revenue).
Spectrum Brands Holdings, Q1 FY26: revenue $677M (-3% year over year), operating margin 4.0%, net earnings $28.4M, operating cash flow $67.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $677M | -8% | -3% |
| Gross profit | $242M | -6% | -6% |
| Operating profit | $27.1M | -8% | -39% |
| Net earnings | $28.4M | -49% | +19% |
| Operating cash flow | $67.4M | -61% | — |
| Free cash flow | $59.3M | -62% | — |
What changed
Revenue was $677.0M in Q1 FY26, down 3% year over year and down 8% from the previous quarter. Product sales was the largest line at 99% of revenue. Product sales lost $22.9M year over year (down 3%), 99% of the total change.
Gross margin was 35.7%, down 1.1 points from a year earlier. Operating profit was $27.1M, a 4.0% margin (down 2.4 points year over year). Operating expenses grew 1% against a revenue fall of 3%. Net earnings were $28.4M, up 21% year over year. The effective tax rate was -45.6%.
Operating cash flow was $67.4M, 237% of net earnings. Non-cash charges added back $25.8M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $8.9M. Capital expenditures of $8.1M left free cash flow of $59.3M.
Questions
What was Spectrum Brands Holdings' revenue in the first quarter fiscal 2026?
Spectrum Brands Holdings (SPB) reported revenue of $677M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -8% from the quarter before.
Was Spectrum Brands Holdings profitable in the first quarter fiscal 2026?
Operating profit was $27.1M (4.0% of revenue) and net earnings $28.4M.