Filing Flows › Vulcan Materials (VMC) › Q1 2026
Vulcan Materials (VMC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Vulcan Materials (VMC) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +7% from a year earlier and -8% from the quarter before. Operating margin was 15.1%, net earnings $166M (9.5% of revenue).
Vulcan Materials, Q1 2026: revenue $1.8B (+7% year over year), operating margin 15.1%, net earnings $166M, operating cash flow $241M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | -8% | +7% |
| Gross profit | $423M | -13% | +16% |
| Operating profit | $265M | -30% | +17% |
| Net earnings | $166M | -34% | +28% |
| Operating cash flow | $241M | -56% | -4% |
| Free cash flow | $64.6M | -82% | -23% |
What changed
Revenue was $1.8B in Q1 2026, up 7% year over year and down 8% from the previous quarter. Aggregates was the largest line at 77% of revenue. Aggregates added $0.10B year over year (up 8%), 85% of the total change.
Gross margin was 24.1%, up 1.7 points from Q1 2025. Operating profit was $0.27B, a 15.1% margin (up 1.3 points year over year). Of the extra revenue versus Q1 2025, 32% reached operating profit, above the 14% margin then. Operating expenses grew 13% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+3500%). Net earnings were $0.17B, up 28% year over year. The effective tax rate was 21.7%.
Operating cash flow was $0.24B (down 4% year over year), 145% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.18B left free cash flow of $0.06B.
Questions
What was Vulcan Materials' revenue in the first quarter 2026?
Vulcan Materials (VMC) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), +7% from a year earlier and -8% from the quarter before.
Was Vulcan Materials profitable in the first quarter 2026?
Operating profit was $265M (15.1% of revenue) and net earnings $166M.
Source: Vulcan Materials 10-Q on SEC EDGAR.