Filing Flows › Simpson Manufacturing (SSD) › Q1 2026
Simpson Manufacturing (SSD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Simpson Manufacturing (SSD) reported revenue of $588M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +9% from the quarter before. Operating margin was 19.5%, net earnings $88.2M (15.0% of revenue).
Simpson Manufacturing, Q1 2026: revenue $588M (+9% year over year), operating margin 19.5%, net earnings $88.2M, operating cash flow $35.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $588M | +9% | +9% |
| Gross profit | $266M | +14% | +6% |
| Operating profit | $115M | +53% | +12% |
| Net earnings | $88.2M | +57% | +13% |
| Operating cash flow | $35.5M | -77% | +370% |
| Free cash flow | $16.1M | -86% | — |
What changed
Revenue was $588.0M in Q1 2026, up 9% year over year and up 9% from the previous quarter. Wood construction products was the largest line at 85% of revenue. Wood construction products added $38.2M year over year (up 8%), 78% of the total change. Other declined 34%.
Gross margin was 45.2%, down 1.3 points from Q1 2025. Operating profit was $114.6M, a 19.5% margin (up 0.5 points year over year). Of the extra revenue versus Q1 2025, 25% reached operating profit, above the 19% margin then. Operating expenses grew 2% against revenue growth of 9%. Net earnings were $88.2M, up 13% year over year. The effective tax rate was 24.1%.
Operating cash flow was $35.5M (up 370% year over year), 40% of net earnings. Non-cash charges added back $25.7M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items used $83.5M. Capital expenditures of $19.5M left free cash flow of $16.1M.
Questions
What was Simpson Manufacturing's revenue in the first quarter 2026?
Simpson Manufacturing (SSD) reported revenue of $588M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +9% from the quarter before.
Was Simpson Manufacturing profitable in the first quarter 2026?
Operating profit was $115M (19.5% of revenue) and net earnings $88.2M.