MYE earnings analysis
What we found in MYE's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Myers Industries, Inc. reported Q1 2026 results with revenue of $164.6 million, a 1.8% increase year-over-year, but significantly below the consensus estimate of $209.3 million. While EPS came in at $0.37, exceeding estimates of $0.27, the company experienced a net loss from discontinued operations of $15.6 million, impacting overall profitability. Operating cash flow stood at $26.7 million, showcasing improved efficiency despite ongoing challenges in the market.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Increase Year-over-Year
- Revenue of $164.6 million in Q1 2026 rose by $2.9 million or 1.8% compared to $161.7 million in Q1 2025.
- Gross Margin Improvement
- Gross margin improved to 34.4% in Q1 2026 from 31.1% in Q1 2025, reflecting better cost management.
- Significant EPS Beat
- Achieved a diluted EPS of $0.37, exceeding the consensus estimate of $0.27 for Q1 2026.
- Free Cash Flow Growth
- Generated free cash flow of $23.9 million, a robust increase from previous quarters.
- Reduced Interest Expense
- Net interest expense decreased by 9.4% to $6.7 million compared to $7.4 million in Q1 2025.
- Lower SG&A Expenses
- SG&A expenses decreased to $28.0 million from $29.3 million, showing continued cost control.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Discontinued Operations Loss
- Loss from discontinued operations increased to $15.6 million due to impairment charges and sale process costs.
- Significant Debt Levels
- Outstanding debt totaled $339.2 million, increasing financial risk amid a 9.4% interest expense.
- Market Volatility Impact
- The company faces risks from market volatility affecting commodity prices and supply chain disruptions.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.37
- Gross margin
- 34.4%
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 10-K · March 5, 2026
- Myers Industries reports FY2025 net sales of $826.0 million, with Material Handling at $622.1 million (≈75% of sales) and Distribution at $203.9 million (≈25%). Margins and cash generation strengthened in 2025 (average…
- 10-Q · October 30, 2025
- Myers Industries reported Q3 net sales of $205.435M (up $0.368M vs Q3 2024) and GAAP diluted EPS of $0.19 (vs $(0.29) in Q3 2024), driven by higher gross profit and a swing to operating income of $17.689M from an…
- 10-K · March 6, 2025
- Myers Industries positions itself as a niche-focused manufacturer and distributor, with Material Handling representing $621.7 million (74% of 2024 net sales) and Distribution $214.8 million (26% of 2024 net sales).…
- 10-Q · November 4, 2024
- Myers Industries reported Q3 2024 net revenue of $205.07 million, slightly up from $197.8 million YoY. However, the company posted a net loss of $10.88 million, resulting in diluted EPS of -$0.29, significantly lower…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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