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Earnings analysis · 10-Q

MYE earnings analysis

Filed May 7, 2026 · Our reading of the company's report

The latest report

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…

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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.

Read the original on SEC.gov

Gross and operating margin

How much of each revenue dollar the business keeps.

34% Gross margin Operating margin May 2024 May 2026

One point per quarterly or annual filing. Both margins are shares of that report's revenue.

How we read each report

Our analysis across the last few reports.

Read as bullish Read as bearish Mar 2024 May 2026

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
$0.37
Gross margin
34.4%

What stood out

  • 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.

What to watch

  • 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.

Management's outlook

Outlook deferred to earnings press release / call.

Earlier filings 4

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 itself. Analysis can contain errors; check the source document for full context.