10-K · February 24, 2026
Mohawk reported annual net sales of $10.8 billion in 2025 with a geographic mix of 54% U.S. and 46% international and a three-segment mix of Global Ceramic (40%), Flooring North America (34%) and Flooring Rest of the…
Earnings analysis · 10-Q
MHK earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
Mohawk Industries posted a strong Q1 2026 with net sales of $2.73 billion, increasing 8.0% year-over-year, while EPS rose to $1.90, exceeding expectations. The company reported improvements in gross profit and operating…
Read full summary
Mohawk Industries posted a strong Q1 2026 with net sales of $2.73 billion, increasing 8.0% year-over-year, while EPS rose to $1.90, exceeding expectations. The company reported improvements in gross profit and operating income, partly offset by challenges from rising input costs and low sales volume. Management remains optimistic about operational improvements and cost reductions ahead, although external pressures persist.
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.
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
- $1.9
- Segment
- Global Ceramic
- Segment
- Flooring NA
- Segment
- Flooring ROW
What stood out
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Revenue Growth of 8% YoY
Q1 2026 revenue was $2.73 billion, up $202.9 million, or 8.0%, from $2.53 billion in Q1 2025.
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EPS Beats Consensus
Reported diluted EPS was $1.90, surpassing estimates of $1.81 by 0.0497 or 5%.
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Improved Gross Profit
Q1 2026 gross profit reached $641.9 million, a 10.0% increase from $583.3 million a year earlier.
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Strong Operating Income Growth
Operating income was $111.8 million, up 16.5% from $96.0 million in Q1 2025.
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Increase in Segment Revenue
Global Ceramic revenue increased by 10.4% to $1.097 billion, and Flooring ROW by 12.2% to $751.3 million.
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Significant Cash Position
As of April 4, 2026, cash totaled $872.3 million, enabling the company to support investments and manage debt.
What to watch
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Input Cost Inflation
Higher input costs increased approximately $28 million, negatively impacting margins.
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Soft Housing Market
Ongoing low housing turnover and sluggish new home construction continue to affect demand.
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Geopolitical Sensitivities
Continued geopolitical conflicts have resulted in higher energy prices and supply chain disruptions.
Management's outlook
Q2 2026 adjusted EPS expected to be between $2.50 and $2.60, impacted by one less shipping day.
Earlier filings 4
10-Q · July 25, 2025
Mohawk reported quarterly net sales of $2,802.1 million and diluted EPS of $2.34 for the three months ended June 28, 2025. Revenue was essentially flat versus the comparable prior-year quarter while gross profit,…
10-K · February 20, 2025
Mohawk’s 10-K describes a strategy centered on vertical integration, product innovation (LVT, proprietary technologies) and operational excellence, with 2024 net sales of $10.8 billion and a three-segment structure…
10-Q · July 26, 2024
Mohawk reported Q2 net sales of $2,801.3 million and GAAP diluted EPS of $2.46, with operating income of $214.0 million. Revenue declined versus the year-ago quarter by $149.2 million (-5.1%) but improved versus the…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.