Filing Flows › Wolverine World Wide (WWW) › Q1 2026
Wolverine World Wide (WWW) Q1 2026 earnings results (first quarter 2026)
10-K filed Feb 27, 2026
Wolverine World Wide (WWW) reported revenue of $518M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +10% from the quarter before. Operating margin was 9.4%, net earnings $31.8M (6.1% of revenue).
Wolverine World Wide, Q1 2026: revenue $518M (+5% year over year), operating margin 9.4%, net earnings $31.8M, operating cash flow $146M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $518M | +10% | +5% |
| Gross profit | $243M | +9% | +13% |
| Operating profit | $48.9M | +23% | +29% |
| Net earnings | $31.8M | +27% | +38% |
| Operating cash flow | $146M | +343% | +77% |
| Free cash flow | $146M | +384% | +96% |
What changed
Revenue was $517.5M in Q1 2026, up 5% year over year and up 10% from the previous quarter. Active Group was the largest line at 72% of revenue.
Gross margin was 47.0%, up 3.4 points from Q4 2024. Operating profit was $48.9M, a 9.4% margin (up 1.8 points year over year). Of the extra revenue versus Q4 2024, 49% reached operating profit, above the 8% margin then. Operating expenses grew 9% against revenue growth of 5%. Net earnings were $31.8M, up 38% year over year. The effective tax rate was 19.4%.
Operating cash flow was $146.2M (up 77% year over year), 450% of net income including minority interests. Non-cash charges added back $5.6M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items added $102.1M. Capital expenditures of $600K left free cash flow of $145.6M.
Questions
What was Wolverine World Wide's revenue in the first quarter 2026?
Wolverine World Wide (WWW) reported revenue of $518M for the first quarter 2026 (Q1 2026), +5% from a year earlier and +10% from the quarter before.
Was Wolverine World Wide profitable in the first quarter 2026?
Operating profit was $48.9M (9.4% of revenue) and net earnings $31.8M.