Revenue Stability Amid Modest Growth
CHD posted Q1 2026 revenue of $1,469.3M, up just 0.1% YoY from $1,467.1M, indicating a largely stable top line with limited organic growth momentum in the quarter.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Church & Dwight (CHD) delivered essentially flat Q1 2026 revenue of $1.47B with improved gross margins of 46.4% (+140bps YoY), but net income slipped 1.7% to $216.3M as a 10.2% surge in SG&A expenses and lower cash balances weighed on overall profitability.
Revenue
$1.47B
+0.15% YoY
EPS (Diluted)
$0.91
+2.25% YoY
Gross Margin
46.4%
+1.4 pts YoY
Operating Income
$291M
-1.46% YoY
Source: SEC XBRL
Church & Dwight (CHD) reported Q1 FY2026 revenue of $1.47B, up 0.1% year over year. Operating margin was 19.8%, down 0.3 points from 20.1% a year earlier. Operating cash flow was $174.8M, down 5.9% year over year. CHD's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.89 | 0.91 | Miss -1.7% |
| Mar 2026This filing | 0.95 | 0.94 | Beat +1.0% |
| Dec 2025 | 0.86 | 0.84 | Beat +1.8% |
| Sep 2025 | 0.81 | 0.74 | Beat +8.8% |
Adjusted (non-GAAP) EPS of $0.95 versus the $0.94 analyst consensus — a +1.0% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $0.91.
Compiled by AI from this SEC filing
CHD posted Q1 2026 revenue of $1,469.3M, up just 0.1% YoY from $1,467.1M, indicating a largely stable top line with limited organic growth momentum in the quarter.
Source: 10-Q Income Statement
Gross profit rose 3.3% YoY to $681.4M, pushing gross margin to 46.4% from 45.0% a year ago — a 140bps improvement — as cost of revenue declined 2.4% YoY to $787.9M, suggesting easing commodity or supply chain pressures.
Source: 10-Q Income Statement
SG&A expenses jumped 10.2% YoY to $251.0M from $227.7M, materially offsetting gross margin improvements and contributing to a 1.5% decline in operating income to $291.0M and a contraction in operating margin to 19.8% from 20.1%.
Source: 10-Q Income Statement
Cash & equivalents fell sharply by 53.2% YoY to $503.4M from $1,074.5M, while total liabilities increased 9.4% YoY to $4,820.5M and current liabilities rose 17.0% to $1,413.4M, reflecting potential deployment of cash for capital allocation or debt-related activities.
Source: 10-Q Balance Sheet
Operating cash flow decreased 5.9% YoY to $174.8M, while dividends paid remained steady at $72.9M (+0.7% YoY), indicating the company continues to prioritize shareholder returns despite softer cash generation.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
SG&A expenses surged 10.2% YoY to $251.0M in Q1 2026, significantly outpacing revenue growth of just 0.1%. If this elevated spending trajectory continues without a corresponding revenue acceleration, operating margins could face sustained compression from the current 19.8% level.
Source: 10-Q Income Statement
Cash & equivalents declined 53.2% YoY to $503.4M, while current liabilities rose 17.0% to $1,413.4M, resulting in a current ratio of only 1.22. This tightening liquidity position reduces the company's financial flexibility to respond to unexpected operational or market disruptions.
Source: 10-Q Balance Sheet
Total liabilities grew 9.4% YoY to $4,820.5M, pushing the debt-to-equity ratio to 1.15, while stockholders' equity declined 8.0% YoY to $4,186.0M. This increasing leverage could constrain future borrowing capacity and raise interest expense risk if rates remain elevated.
Source: 10-Q Balance Sheet
Operating cash flow fell 5.9% YoY to $174.8M while investing cash outflows nearly doubled to -$33.5M, compressing free cash flow. With dividends of $72.9M already committed, the remaining discretionary cash is limited for debt reduction or strategic investments.
Source: 10-Q Cash Flow Statement
Revenue grew only 0.1% YoY to $1,469.3M, suggesting limited pricing power or volume growth in CHD's consumer product categories. Without meaningful top-line acceleration, the company's ability to absorb rising operating costs and grow earnings is constrained.
Source: 10-Q Income Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 1.47 $B | 1.47 $B | +0.15% |
Cost of Revenue $M | 787.90 $M | 807.50 $M | -2.43% |
Gross Profit $M | 681.40 $M | 659.60 $M | +3.31% |
Operating Income $M | 291.00 $M | 295.30 $M | -1.46% |
Net Income $M | 216.30 $M | 220.10 $M | -1.73% |
EPS (Basic) $ | 0.91 $ | 0.90 $ | +1.11% |
EPS (Diluted) $ | 0.91 $ | 0.89 $ | +2.25% |
R&D Expense $M | 31.60 $M | 32.80 $M | -3.66% |
SG&A Expense $M | 251.00 $M | 227.70 $M | +10.23% |
Answers draw on this SEC filing and the data on this page
Church & Dwight reported net sales of $1.53B (+1.6% YoY) and diluted EPS of $0.85 (+9.0% YoY) for Q2 FY2026, driven by gross margin expansion and acquisition contributions that offset product line exits and commodity cost inflation.
CHD delivered strong FY2025 earnings growth with net income up 25.9% to $736.8M and EPS of $3.02 diluted, driven by a 33.5% surge in operating income, even as gross margin edged down slightly and the company deployed $900M in share buybacks.
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