Short answer
TRIMAS CORP (TRS) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $168M (down 30.4% year over year) with net income of $801M.
Q1 2026 key financials · XBRL
- Revenue
- $168M
- −30.4% YoY
- Net income
- $801M
- +6347.9% YoY
- Operating margin
- 4.1%
- Gross margin
- 21.9%
- EPS (diluted)
- $21.40
- +7033.3% YoY
Source: XBRL data from the TRIMAS CORP (TRS) Q1 2026 10-Q on SEC EDGAR. USD.
TRIMAS CORP Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $168.3M, up 10.4% YoY from $152.5M, including $6.0M currency benefit
- Gross margin 21.9% vs 21.5%; operating margin 4.1% vs 4.7% YoY
- Specialty Products strongest: sales $29.1M, up 17.0%; operating margin 9.8% vs negative 4.6%
- Packaging weakest margin: operating margin 10.5% vs 13.5%, despite sales rising 9.1% to $139.2M
- Operating cash flow used $19.4M vs $9.2M provided; Aerospace proceeds $1,436.5M, share repurchases $54.5M, dividends $1.5M
- Headwinds: demand softness in Specialty Products, tariff uncertainty, input-cost volatility, and potential further realignment charges
Risk Factors
- No significant changes to risk factors disclosed in the 2025 Form 10-K
- Carried-forward business, financial, and operational risks remain applicable without quarterly updates
- No newly triggered regulatory, legal, or compliance risk identified
- No changed liquidity, debt maturity, currency, or concentration risk identified
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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