Filing Flows › Tootsie Roll Industries (TR) › Q1 2026
Tootsie Roll Industries (TR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Tootsie Roll Industries (TR) reported revenue of $152M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -23% from the quarter before. Operating margin was 15.3%, net earnings $17.6M (11.6% of revenue).
Tootsie Roll Industries, Q1 2026: revenue $152M (+2% year over year), operating margin 15.3%, net earnings $17.6M, operating cash flow $11.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $152M | -23% | +2% |
| Gross profit | $51.3M | -27% | -2% |
| Operating profit | $23.2M | -30% | +0.7% |
| Net earnings | $17.6M | -39% | -2% |
| Operating cash flow | $11.5M | -84% | +219% |
| Free cash flow | $3.3M | -95% | +339% |
What changed
Revenue was $151.5M in Q1 2026, up 2% year over year and down 23% from the previous quarter. Product was the largest line at 99% of revenue. Product added $3.0M year over year (up 2%), 96% of the total change.
Gross margin was 33.8%, down 1.5 points from Q1 2025. Operating profit was $23.2M, a 15.3% margin (down 0.2 points year over year). Of the extra revenue versus Q1 2025, 5% reached operating profit, below the 16% margin then. Operating expenses fell 4% while revenue rose 2%. Net earnings were $17.7M, down 2% year over year. The effective tax rate was 25.1%.
Operating cash flow was $11.5M (up 219% year over year), 65% of net earnings. Non-cash charges added back $4.9M of depreciation and amortization. Working capital and other items used $11.1M. Capital expenditures of $8.2M left free cash flow of $3.3M.
Questions
What was Tootsie Roll Industries' revenue in the first quarter 2026?
Tootsie Roll Industries (TR) reported revenue of $152M for the first quarter 2026 (Q1 2026), +2% from a year earlier and -23% from the quarter before.
Was Tootsie Roll Industries profitable in the first quarter 2026?
Operating profit was $23.2M (15.3% of revenue) and net earnings $17.6M.