Hawkins Q1 revenue rises 15% to record $293.3 million; EPS $1.40
Hawkins reported record first-quarter fiscal 2026 sales of $293.3 million, up 15% from a year earlier, with growth in all three segments, helped by the WaterSurplus acquisition. Net income rose to $29.2 million, and diluted EPS was $1.40, up $0.02 or 1%, so profit growth was much smaller than sales growth. Management said it expects all three segments to continue growing profitability in fiscal 2026 and gave a full-year effective tax rate estimate of 26-27%.
Key points
- Sales of $293.3 million, up $37.4 million or 15%; Water Treatment sales up 28% to $149.6 million
- Net income of $29.2 million, or $1.40 per diluted share, versus $28.9 million, or $1.38, a year earlier
- Adjusted EBITDA of $57.6 million, up 13%; SG&A expenses rose 24% to $31.0 million
- Total debt of $299.0 million at quarter end after a net $150 million borrowing to fund the WaterSurplus acquisition
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
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