Filing Flows › Valvoline (VVV) › Q1 FY26
Valvoline (VVV) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 4, 2026
Valvoline (VVV) reported revenue of $462M for the first quarter fiscal 2026 (Q1 FY26), +11% from a year earlier and +2% from the quarter before. Operating margin was 4.0%, net loss $32.8M (7.1% of revenue).
Valvoline, Q1 FY26: revenue $462M (+12% year over year), operating margin 4.0%, net loss $32.8M, operating cash flow $64.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $462M | +2% | +11% |
| Operating profit | $18.3M | -78% | — |
| Net earnings | −$32.8M | -231% | — |
| Operating cash flow | $64.8M | -47% | +57% |
| Free cash flow | $7.4M | -68% | — |
What changed
Revenue was $461.8M in Q1 FY26, up 11% year over year and up 2% from the previous quarter.
Gross margin was 37.4%, up 0.4 points from a year earlier. Operating profit was $18.3M, a 4.0% margin (down 30.7 points year over year). Operating profit fell $125.5M even though revenue rose $47.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 1595% against revenue growth of 11%. The quarter ended with a net loss of $32.8M, after a profit of $25.0M the previous quarter. Net interest and other expense of $24.9M was the main reason.
Operating cash flow was $64.8M (up 57% year over year). Non-cash charges added back $2.4M of share-based compensation. Working capital and other items added $95.2M. Capital expenditures of $57.4M left free cash flow of $7.4M.
Questions
What was Valvoline's revenue in the first quarter fiscal 2026?
Valvoline (VVV) reported revenue of $462M for the first quarter fiscal 2026 (Q1 FY26), +11% from a year earlier and +2% from the quarter before.
Was Valvoline profitable in the first quarter fiscal 2026?
Operating profit was $18.3M (4.0% of revenue) and net loss $32.8M.
Source: Valvoline 10-Q on SEC EDGAR.