Executive Summary
Hawkins Inc delivered a strong performance in Q1 2026, reporting revenues of $293.27 million, marking a 14.61% increase year-over-year and a 19.55% rise quarter-over-quarter. The net income stood at $29.18 million, reflecting a solid YoY growth of 1.02% and a remarkable QoQ surge of 78.69%. This quarter's results highlight improvements in operational efficiency and strategic positioning within the Basic Materials sector, despite ongoing challenges in the global supply chain and regulatory landscape.
Management emphasized the strong demand across their Industrial Water Treatment and Health and Nutrition segments, attributing the quarter's success to effective operational execution and innovation in product offerings. The focus moving forward includes enhancing distribution capabilities and optimizing cost structures to sustain this momentum, suggesting that investors can expect continued upward trajectory in revenue and profitability metrics in the coming quarters.
Key Performance Indicators
Revenue
293.27M
QoQ: 19.55% | YoY:14.61%
Gross Profit
72.36M
24.67% margin
QoQ: 38.53% | YoY:11.92%
Operating Income
41.33M
QoQ: 68.19% | YoY:3.88%
Net Income
29.18M
QoQ: 78.69% | YoY:1.02%
EPS
1.41
QoQ: 78.48% | YoY:1.44%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue**: $293.27 million - **YoY**: +14.61% - **QoQ**: +19.55%
- **Gross Profit**: $72.36 million - **YoY**: +11.92% - **QoQ**: +38.53%
- **Operating Income**: $41.33 million - **YoY**: +3.88% - **QoQ**: +68.19%
- **Net Income**: $29.18 million - **YoY**: +1.02% - **QoQ**: +78.69%
- **Earnings Per Share (EPS)**: $1.41 - **YoY**: +1.44% - **QoQ**: +78.48%