10-K · February 25, 2026
Hamilton Beach Brands reports a two-segment strategy (Home and Commercial Products; Health) and is expanding its product roadmap with premium Lotus® (launched September 2025) and the 2024 acquisition of HealthBeacon…
Earnings analysis · 10-Q
HBB earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
In the Q1 2026 report, Hamilton Beach Brands posted a revenue of $121.96 million, marking an 8.6% decrease from $133.37 million in Q1 2025. Despite the revenue decline, gross margins improved substantially from 24.6% to…
Read full summary
In the Q1 2026 report, Hamilton Beach Brands posted a revenue of $121.96 million, marking an 8.6% decrease from $133.37 million in Q1 2025. Despite the revenue decline, gross margins improved substantially from 24.6% to 29.7%, while earnings per share notably increased from $0.13 to $0.26. The company's operational adjustments seem to bolster profitability even in a challenging sales environment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.26
What stood out
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Strong EPS Growth
EPS rose to $0.26 in Q1 2026, up from $0.13 in Q1 2025, a 100% increase.
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Significant Margin Improvement
Gross margin increased by 510 basis points to 29.7%, compared to 24.6% in the same quarter last year.
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Operating Profit Doubled
Operating profit jumped to $4.97 million from $2.31 million year-over-year, reflecting a 114.8% increase.
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Improved Cash Management
Net cash provided by operating activities was $3.30 million, despite lower operational cash flows compared to $6.62 million last year.
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Reduction in Cost of Sales
Cost of sales decreased by 14.7%, from $100.60 million to $85.77 million.
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Stable Debt Levels
Total debt from revolving credit was maintained at $50 million, with strong liquidity on hand.
What to watch
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Declining Revenue
Revenue decreased by $11.41 million, or 8.6%, compared to Q1 2025 primarily due to lower U.S. consumer business volumes.
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Increased SG&A Expenses
SG&A expenses grew by $0.77 million compared to the prior year, mainly from increased depreciation costs.
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Negative Cash Flow Trends
Operating cash flow fell to $3.30 million from $6.62 million, a decline of $3.3 million year-over-year, indicating liquidity pressures.
Management's outlook
Management reiterated expectations for mid-single digit revenue growth for 2026.
Earlier filings 4
10-Q · November 5, 2025
Hamilton Beach Brands reported Q3 2025 revenue of $132,779,000, down $23,888,000 (15.2%) vs. Q3 2024, with gross margin compressing to 21.1% (from 28.0%) largely due to a one-time $5.0 million tariff impact. Operating…
10-Q · July 30, 2025
Hamilton Beach Brands reported Q2 2025 revenue of $127.8M, down $28.5M (18.2%) vs. Q2 2024, with gross margin expanding to 27.5% from 25.9% but operating profit falling to $5.9M (4.7% of revenue) from $10.0M (6.4%). For…
10-K · February 26, 2025
Hamilton Beach presents itself as a leading North American designer, marketer and distributor of small electric household and commercial appliances (Hamilton Beach® is described as the #1 small kitchen appliance…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.