Filing Flows › Vestis (VSTS) › Q1 FY26
Vestis (VSTS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 10, 2026
Vestis (VSTS) reported revenue of $663M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -7% from the quarter before. Operating margin was 2.5%, net loss $6.4M (1.0% of revenue).
Vestis, Q1 FY26: revenue $663M (-3% year over year), operating margin 2.5%, net loss $6.4M, operating cash flow $37.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $663M | -7% | -3% |
| Operating profit | $16.6M | -6% | — |
| Net earnings | −$6.4M | — | — |
| Operating cash flow | $37.7M | +22% | +897% |
| Free cash flow | $28.3M | +82% | — |
What changed
Revenue was $663.4M in Q1 FY26, down 3% year over year and down 7% from the previous quarter. Workplace Supplies was the largest line at 62% of revenue. Uniforms lost $19.2M year over year (down 7%), 94% of the total change.
Operating profit was $16.6M, a 2.5% margin (down 1.9 points year over year). Total costs fell 1% while revenue fell 3%. The quarter ended with a net loss of $6.4M, narrower than the previous quarter's $12.5M loss. Net interest and other expense of $25.1M was the main reason.
Operating cash flow was $37.7M (up 897% year over year). Non-cash charges added back $34.3M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $7.4M. Capital expenditures of $9.4M left free cash flow of $28.3M.
Questions
What was Vestis' revenue in the first quarter fiscal 2026?
Vestis (VSTS) reported revenue of $663M for the first quarter fiscal 2026 (Q1 FY26), -3% from a year earlier and -7% from the quarter before.
Was Vestis profitable in the first quarter fiscal 2026?
Operating profit was $16.6M (2.5% of revenue) and net loss $6.4M.
Source: Vestis 10-Q on SEC EDGAR.