Filing Flows › Versigent (VGNT) › Q1 2026
Versigent (VGNT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Versigent (VGNT) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), +9% from a year earlier. Operating margin was 3.3%, net earnings $78.0M (3.5% of revenue).
Versigent, Q1 2026: revenue $2.2B (+9% year over year), operating margin 3.3%, net earnings $78.0M, operating cash flow $36.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | — | +9% |
| Operating profit | $74.0M | — | -40% |
| Net earnings | $78.0M | — | -18% |
| Operating cash flow | $36.0M | — | -10% |
What changed
Revenue was $2.2B in Q1 2026, up 9% year over year. Low Voltage Electrical Architecture was the largest line at 91% of revenue. Low Voltage Electrical Architecture added $0.20B year over year (up 11%), 109% of the total change. High Voltage Electrical Architecture declined 7%.
Operating profit was $0.07B, a 3.3% margin (down 2.7 points year over year). Operating profit fell $0.05B even though revenue rose $0.19B versus a year earlier, so costs grew faster than sales. Total costs grew 12% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+248%). Net earnings were $0.08B, down 18% year over year. The effective tax rate was -12.5%.
Operating cash flow was $0.04B (down 10% year over year), 44% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Versigent's revenue in the first quarter 2026?
Versigent (VGNT) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), +9% from a year earlier.
Was Versigent profitable in the first quarter 2026?
Operating profit was $74.0M (3.3% of revenue) and net earnings $78.0M.
Source: Versigent 10-Q on SEC EDGAR.