Filing Flows › Utz Brands (UTZ) › Q1 2026
Utz Brands (UTZ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Utz Brands (UTZ) reported revenue of $361M for the first quarter 2026 (Q1 2026), +3% from a year earlier and +6% from the quarter before. Operating margin was 2.2%, net loss $2.4M (0.7% of revenue).
Utz Brands, Q1 2026: revenue $361M (+3% year over year), operating margin 2.2%, net loss $2.4M, operating cash flow −$12.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $361M | +6% | +3% |
| Operating profit | $7.8M | +90% | +37% |
| Net earnings | −$2.4M | — | -132% |
| Operating cash flow | −$12.2M | -119% | — |
What changed
Revenue was $361.3M in Q1 2026, up 3% year over year and up 6% from the previous quarter.
Gross margin was 25.4%, up 2.0 points from Q1 2025. Operating profit was $7.8M, a 2.2% margin (up 0.5 points year over year). Of the extra revenue versus Q1 2025, 23% reached operating profit, above the 2% margin then. Operating expenses grew 10% against revenue growth of 3%. The quarter ended with a net loss of $2.4M, narrower than the previous quarter's $3.3M loss. Minority interests bore $700K of it: to shareholders the quarter was a loss of $1.7M. Net interest and other expense of $9.6M was the main reason.
Operating cash flow was −$12.2M. Non-cash charges added back $22.5M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $36.2M. Capital expenditures of $13.8M exceeded it, leaving free cash flow of −$26.0M.
Questions
What was Utz Brands' revenue in the first quarter 2026?
Utz Brands (UTZ) reported revenue of $361M for the first quarter 2026 (Q1 2026), +3% from a year earlier and +6% from the quarter before.
Was Utz Brands profitable in the first quarter 2026?
Operating profit was $7.8M (2.2% of revenue) and net loss $2.4M.
Source: Utz Brands 10-Q on SEC EDGAR.