Revenue Growth Amid Margin Compression
SWK grew Q1 FY2026 revenue by 2.7% YoY to $3.85B, but net income declined sharply by 34.1% to $59.6M, indicating that top-line growth is being outpaced by rising costs and expenses.
STANLEY BLACK & DECKER, INC. is expected to release its Q3 2026 10-Q filing in the upcoming earnings season. Last quarter: SWK reported Q1 FY2026 revenue of $3.85B (+2.7% YoY) but net income fell 34.1% to $59.6M, reflecting persistent cost pressures and negative operating cash flow of -$388.8M.
Drawn from management commentary in the Q2 2026 10-Q:
SWK grew Q1 FY2026 revenue by 2.7% YoY to $3.85B, but net income declined sharply by 34.1% to $59.6M, indicating that top-line growth is being outpaced by rising costs and expenses.
Cost of Revenue rose 2.5% YoY to $2.69B, and SG&A expenses increased 3.0% YoY to $877.7M, together consuming a large portion of incremental revenue and compressing profitability.
Long-term debt declined meaningfully by 15.1% YoY to $4.76B from $5.60B, suggesting the company is making progress on deleveraging its balance sheet.
Revenue
$3.85B
++2.72% YoY
EPS (Basic)
$0.39
-35.00% YoY
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