Filing Flows › United States Lime & Minerals (USLM) › Q1 2026
United States Lime & Minerals (USLM) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
United States Lime & Minerals (USLM) reported revenue of $87.8M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -0.1% from the quarter before. Operating margin was 40.7%, net earnings $30.6M (34.8% of revenue).
United States Lime & Minerals, Q1 2026: revenue $87.8M (-4% year over year), operating margin 40.7%, net earnings $30.6M, operating cash flow $32.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $87.8M | -0.1% | -4% |
| Gross profit | $41.8M | -1% | -10% |
| Operating profit | $35.8M | -0.6% | -10% |
| Net earnings | $30.6M | +0.1% | -10% |
| Operating cash flow | $32.1M | -30% | -19% |
| Free cash flow | $13.7M | -47% | -44% |
What changed
Revenue was $87.8M in Q1 2026, down 4% year over year and roughly flat from the previous quarter.
Gross margin was 47.5%, down 3.0 points from Q1 2025. Operating profit was $35.8M, a 40.7% margin (down 3.0 points year over year). Operating expenses fell 5% while revenue fell 4%. Net earnings were $30.6M, down 10% year over year. The effective tax rate was 21.6%.
Operating cash flow was $32.1M (down 19% year over year), 105% of net earnings. Non-cash charges added back $6.6M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $6.9M. Capital expenditures of $18.3M left free cash flow of $13.7M.
Questions
What was United States Lime & Minerals' revenue in the first quarter 2026?
United States Lime & Minerals (USLM) reported revenue of $87.8M for the first quarter 2026 (Q1 2026), -4% from a year earlier and -0.1% from the quarter before.
Was United States Lime & Minerals profitable in the first quarter 2026?
Operating profit was $35.8M (40.7% of revenue) and net earnings $30.6M.