Farmer Brothers | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 81.6 M

Revenue: As of FY2026 Q1, the actual value is USD 81.6 M, missing the estimate of USD 86.26 M.

EPS: As of FY2026 Q1, the actual value is USD -0.19, missing the estimate of USD -0.11.

EBIT: As of FY2026 Q1, the actual value is USD -1.857 M.

Financial Metrics Summary

Segment Revenue

• Net sales for the first quarter of fiscal 2026 were $81.6 million, a decrease of $3.5 million or 4.1% compared to the first quarter of fiscal 2025.

Operational Metrics

• Gross margin decreased by 400 basis points year-over-year to 39.7%.
• Gross profit was $32.4 million, compared to $37.3 million in the first quarter of fiscal 2025.
• Operating expenses were $35.6 million, or 43.6% of net sales, compared to $40.1 million, or 47.2%, in the first quarter of fiscal 2025.
• Net loss for the first quarter of fiscal 2026 was $4 million, compared to a net loss of $5 million for the first quarter of fiscal 2025.
• Adjusted EBITDA was $1.4 million, consistent with the first quarter of fiscal 2025.

Cash Flow

• Net cash used in operating activities was - $5.007 million for the three months ended September 30, 2025, compared to net cash provided by operating activities of $2.493 million for the same period in 2024.
• Net cash used in investing activities was - $1.919 million, compared to - $3.304 million in the prior year.
• Net cash provided by financing activities was $3.951 million, compared to - $56,000 in the prior year.

Unique Metrics

• The company announced a partnership with Eurest, which will include the opening of 50 Sum>One Coffee Roasters-branded cafes across the country.

Outlook / Guidance

• The company remains focused on driving top-line revenue and customer growth in 2026, despite a challenging economic environment.