Filing Flows › VPR Brands, LP. (VPRB) › Q1 2026
VPR Brands, LP. (VPRB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 18, 2026
VPR Brands, LP. (VPRB) reported revenue of $580K for the first quarter 2026 (Q1 2026), -38% from a year earlier and -31% from the quarter before. Operating margin was -80.1%, net earnings $1.9M (334.5% of revenue).
VPR Brands, LP., Q1 2026: revenue $580K (-38% year over year), operating margin -80.1%, net earnings $1.9M, operating cash flow $2.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $580K | -31% | -38% |
| Operating profit | −$464K | — | — |
| Net earnings | $1.9M | — | — |
| Operating cash flow | $2.6M | — | — |
What changed
Revenue was $580K in Q1 2026, down 38% year over year and down 31% from the previous quarter.
Gross margin was 23.9%, up 0.2 points from Q1 2025. Operating costs exceeded revenue by $464K, an operating margin of -80.1%. Operating expenses grew 21% against a revenue fall of 38%. Net earnings were $1.9M. The effective tax rate was 25.1%. Non-operating items added $3.1M, 118% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.6M, 133% of net earnings. Working capital and other items added $634K.
Questions
What was VPR Brands, LP.'s revenue in the first quarter 2026?
VPR Brands, LP.
Was VPR Brands, LP. profitable in the first quarter 2026?
Operating loss was $464K (-80.1% of revenue) and net earnings $1.9M.
Source: VPR Brands, LP. 10-Q on SEC EDGAR.