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 companyโs ability to translate activity into cash even in a challenging demand environment.