Revenue Growth Across the Business
Total revenue grew 7.0% YoY to $2.30B in Q1 2026 (vs. $2.15B in Q1 2025), reflecting broad-based demand strength across Avery Dennison's labeling and packaging materials segments.
Avery Dennison Corp is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Avery Dennison delivered solid Q1 2026 results with revenue up 7.0% YoY to $2.30B and EPS of $2.18, while operating cash flow surged dramatically to $136.5M from -$16.3M a year ago, signaling improved working capital management.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue grew 7.0% YoY to $2.30B in Q1 2026 (vs. $2.15B in Q1 2025), reflecting broad-based demand strength across Avery Dennison's labeling and packaging materials segments.
Gross profit increased 7.0% YoY to $664.8M, though gross margin remained essentially flat at 28.92% (vs. 28.93% prior year), indicating that revenue gains were offset by proportionally similar cost increases.
SG&A expenses rose 8.1% YoY to $375.1M, outpacing revenue growth of 7.0%, which likely weighed on operating income expansion and reflects ongoing investment in sales infrastructure and administrative costs.
Revenue
$2.3B
++6.99% YoY
EPS (Basic)
$2.19
++4.29% YoY
Gross Margin
28.9%
-0.01% YoY
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