We remain focused on cost discipline and cash flow generation as demand remains uneven.
— CEO
03Detailed Report
AMWD
Company AMWD
Period
Q1 2026
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 21, 2026
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Executive Summary
American Woodmark (AMWD) reported QQ1 2026 results that reflect a softer housing market and ongoing demand headwinds for kitchen cabinetry. Revenue came in at $403.0 million, down 12.2% year over year, while gross profit declined 27.3% to $67.5 million, resulting in a gross margin of 16.7%. Despite meaningful margin pressure, AMWD delivered positive operating income of $20.2 million and net income of $14.6 million, with earnings per share of $1.01. The quarter showcased disciplined cost management and strong cash generation, supporting liquidity and a debt-adjusted balance sheet. Free cash flow stood at $25.3 million, and net cash provided by operating activities was $33.1 million, underscoring the company’s ability to translate activity into cash even in a challenging demand environment.
Key Performance Indicators
Revenue
Decreasing
403.05M
QoQ: 0.66% | YoY: -12.21%
Gross Profit
Decreasing
67.49M
16.74% margin
QoQ: -1.05% | YoY: -27.33%
Operating Income
Decreasing
20.19M
QoQ: -37.85% | YoY: -57.06%
Net Income
Decreasing
14.60M
QoQ: -42.91% | YoY: -50.75%
EPS
Decreasing
1.01
QoQ: -39.52% | YoY: -47.12%
Revenue Trend
Margin Analysis
Financial Highlights
Revenue: $403.0M; YoY -12.21%, QoQ +0.66%
Gross Profit: $67.5M; YoY -27.33%, QoQ -1.05%
Operating Income: $20.2M; YoY -57.06%, QoQ -37.85%
Net Income: $14.6M; YoY -50.75%, QoQ -42.91%
EPS: $1.01 (GAAP); Diluted $1.00; YoY -47.12%, QoQ -39.52%
EBITDA: $39.62M; EBITDA Margin ~9.83%
Operating Margin: 5.01%
Free Cash Flow: $25.27M
Net Cash from Operating Activities: $33.08M
Cash at End of Period: $54.91M
Total Debt: $504.26M; Net Debt: $449.35M
Total Assets: $1.5708B; Total Liabilities: $650.50M; Total Stockholders’ Equity: $920.30M
Goodwill: $767.61M; Cash Conversion metrics indicate solid liquidity despite a cyclically sensitive market.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
403.05M
-12.21%
0.66%
Gross Profit
67.49M
-27.33%
-1.05%
Operating Income
20.19M
-57.06%
-37.85%
Net Income
14.60M
-50.75%
-42.91%
EPS
1.01
-47.12%
-39.52%
Key Financial Ratios
Management Insights Available for Members
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