Short answer
MasterBrand, Inc. (MBC) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 29, 2026. Quarterly revenue was $618M (down 6.4% year over year) with net income of −$15M.
Q1 2026 key financials · XBRL
- Revenue
- $618M
- −6.4% YoY
- Net income
- −$15M
- −215.8% YoY
- Operating margin
- -3.0%
- Gross margin
- 25.3%
- EPS (diluted)
- −$0.12
- −220.0% YoY
Source: XBRL data from the MasterBrand, Inc. (MBC) Q1 2026 10-Q on SEC EDGAR. USD.
MasterBrand, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $618.0M, down $42.3M or 6.4% YoY, driven primarily by lower sales unit volume
- Gross margin 25.3% vs 30.6% YoY; operating margin (3.0%) vs 5.6%
- Net loss $15.4M vs net income $13.3M YoY; restructuring charges $12.8M vs $4.7M
- Operating cash flow $(133.0)M vs $(31.4)M; cash balance declined $45.5M
- $30M cost-reduction plan underway; tariff exposure and weaker housing demand remain headwinds
Risk Factors
- Newly added restructuring risk triggered by first-quarter 2026 voluntary and involuntary workforce reductions
- Operational disruption risk from restructuring, including strategic-initiative delays and lost institutional knowledge
- Employee retention risk from unintended attrition and reduced ability to attract highly skilled employees
- Financial execution risk from inaccurate restructuring cost and timing estimates
- Savings realization risk from failure to achieve anticipated restructuring benefits
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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