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Whirlpool (WHR) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Whirlpool (WHR) reported revenue of $3.3B for the first quarter 2026 (Q1 2026), -10% from a year earlier and -20% from the quarter before. Operating margin was 0.5%, net loss $82.0M (2.5% of revenue).

Revenue$3.3B
Year over year-10%
Quarter over quarter-20%
Operating margin0.5%
Net earnings−$82.0M

Whirlpool, Q1 2026: revenue $3.3B (-10% year over year), operating margin 0.5%, net loss $82.0M, operating cash flow −$827M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.3B-20%-10%
Operating profit$18.0M-93%-90%
Net earnings−$82.0M-173%-215%
Operating cash flow−$827M-173%—

What changed

Revenue was $3.3B in Q1 2026, down 10% year over year and down 20% from the previous quarter. Laundry was the largest line at 30% of revenue. Refrigeration lost $0.18B year over year (down 17%), 53% of the total change.

Gross margin was 12.7%, down 4.1 points from Q1 2025. Operating profit was $0.02B, a 0.5% margin (down 4.5 points year over year). Operating expenses fell 6% while revenue fell 10%. The fastest-growing cost line was Other operating costs (+124%). The quarter ended with a net loss of $0.08B, after a profit of $0.11B the previous quarter. Net interest and other expense of $0.09B was the main reason.

Operating cash flow was −$0.83B. Non-cash charges added back $0.10B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.87B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.90B.

Questions

What was Whirlpool's revenue in the first quarter 2026?

Whirlpool (WHR) reported revenue of $3.3B for the first quarter 2026 (Q1 2026), -10% from a year earlier and -20% from the quarter before.

Was Whirlpool profitable in the first quarter 2026?

Operating profit was $18.0M (0.5% of revenue) and net loss $82.0M.

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Source: Whirlpool 10-Q on SEC EDGAR.