Q1 FY26 net revenue reached $8.3 billion, up 19% year-over-year, with core operating income and EPS exceeding expectations, driven by strong performance in Intelligent Infrastructure and Regulated Industries.
AI-related demand, recent program wins, and a second hyperscale customer in Mexico fueled significant growth.
Management raised FY26 guidance for revenue, margins, and EPS, reflecting broad-based momentum and strong execution.
All major segments contributed to growth, with stabilization in Connected Living & Digital Commerce.
Q1 net revenue was $8.3 billion, up from $6.99 billion year-over-year, at the high end of guidance.
Core operating income reached $454 million with a 5.5% margin; GAAP operating income was $283 million.
Core diluted EPS was $2.85; GAAP diluted EPS was $1.35.
Adjusted free cash flow for Q1 was $272 million; cash flow from operations was $323 million.
Ended Q1 with $1.6 billion in cash and net debt to core EBITDA of 1.2x.
FY26 revenue guidance raised to $32.4 billion, up $1.1 billion from prior outlook.
Core operating margin expected at 5.7%; core EPS now expected at $11.55.
Q2 revenue expected between $7.5–$8 billion; core EPS between $2.27–$2.67.
Adjusted free cash flow for FY26 expected to exceed $1.3 billion.
Guidance includes anticipated closing of Hanley Energy Group acquisition in January 2026.
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage