Filing Flows › Ttec Holdings (TTEC) › Q1 2026
Ttec Holdings (TTEC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Ttec Holdings (TTEC) reported revenue of $496M for the first quarter 2026 (Q1 2026), -7% from a year earlier and -13% from the quarter before. Operating margin was 3.7%, net loss $5.2M (1.0% of revenue).
Ttec Holdings, Q1 2026: revenue $496M (-7% year over year), operating margin 3.7%, net loss $5.2M, operating cash flow $27.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $496M | -13% | -7% |
| Operating profit | $18.5M | — | -24% |
| Net earnings | −$5.2M | — | -474% |
| Operating cash flow | $27.5M | +971% | +28% |
| Free cash flow | $21.1M | — | +31% |
What changed
Revenue was $496.2M in Q1 2026, down 7% year over year and down 13% from the previous quarter. TTEC Engage was the largest line at 79% of revenue. TTEC Engage lost $31.9M year over year (down 7%), 84% of the total change.
Operating profit was $18.5M, a 3.7% margin (down 0.8 points year over year). Total costs fell 6% while revenue fell 7%. The quarter ended with a net loss of $5.2M, narrower than the previous quarter's $170.5M loss. Net interest and other expense of $15.9M was the main reason.
Operating cash flow was $27.5M (up 28% year over year). Non-cash charges added back $21.3M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $8.6M. After total Cash Capital Expenditures ($6.4M), free cash flow as the company reports it was $21.1M.
Questions
What was Ttec Holdings' revenue in the first quarter 2026?
Ttec Holdings (TTEC) reported revenue of $496M for the first quarter 2026 (Q1 2026), -7% from a year earlier and -13% from the quarter before.
Was Ttec Holdings profitable in the first quarter 2026?
Operating profit was $18.5M (3.7% of revenue) and net loss $5.2M.
Source: Ttec Holdings 10-Q on SEC EDGAR.