Mohawk Q1 EPS rises to $1.90 from $1.15; Q2 adjusted EPS guided to $2.50-$2.60
Mohawk Industries reported first-quarter 2026 net earnings of $117 million, or $1.90 per diluted share, up from $73 million, or $1.15, a year earlier. Net sales rose 8.0% as reported to $2.7 billion but fell 2.6% on an adjusted basis, and the company expects second-quarter adjusted EPS of $2.50 to $2.60, citing the Middle East conflict, higher input costs and one less shipping day.
Key points
- Q1 2026 net earnings $117 million; diluted EPS $1.90 versus $1.15 in Q1 2025 (net earnings $73 million)
- Adjusted EPS $1.90 versus $1.52 a year earlier
- Net sales $2.7 billion, up 8.0% as reported but down 2.6% adjusted for constant days and exchange rates
- Q2 2026 adjusted EPS guided to $2.50 to $2.60, excluding restructuring or other one-time charges
The filing
Written by AI on Nov 8, 2026, 1:17 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 April 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.