Filing Flows › Weyerhaeuser (WY) › Q1 2026
Weyerhaeuser (WY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Weyerhaeuser (WY) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -2% from a year earlier and +12% from the quarter before. Operating margin was 14.3%, net earnings $156M (9.0% of revenue).
Weyerhaeuser, Q1 2026: revenue $1.7B (-2% year over year), operating margin 14.3%, net earnings $156M, operating cash flow $52.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +12% | -2% |
| Gross profit | $318M | +98% | -5% |
| Operating profit | $247M | -2% | +38% |
| Net earnings | $156M | +111% | +88% |
| Operating cash flow | $52.0M | — | -26% |
| Free cash flow | $29.0M | — | -40% |
What changed
Revenue was $1.7B in Q1 2026, down 2% year over year and up 12% from the previous quarter. Wood Products was the largest line at 67% of revenue. Wood Products lost $0.12B year over year (down 10%), 342% of the total change.
Gross margin was 18.4%, down 0.6 points from Q1 2025. Operating profit was $0.25B, a 14.3% margin (up 4.1 points year over year). Operating expenses fell 54% while revenue fell 2%. Net earnings were $0.16B, up 88% year over year. The effective tax rate was 8.8%.
Operating cash flow was $0.05B (down 26% year over year), 33% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $0.02B left free cash flow of $0.03B.
Questions
What was Weyerhaeuser's revenue in the first quarter 2026?
Weyerhaeuser (WY) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -2% from a year earlier and +12% from the quarter before.
Was Weyerhaeuser profitable in the first quarter 2026?
Operating profit was $247M (14.3% of revenue) and net earnings $156M.
Source: Weyerhaeuser 10-Q on SEC EDGAR.