US Lime & Minerals Q1 revenue falls 3.7% to $87.8 million; net income down 10.4%
US Lime & Minerals reported first quarter 2026 revenue of $87.8 million, down 3.7% from $91.3 million a year earlier, as lower sales volumes offset higher steel demand. Net income fell 10.4% to $30.6 million, or $1.06 per diluted share, from $34.1 million, or $1.19 per diluted share, in the prior-year quarter. The board also declared a regular quarterly cash dividend of $0.06 per share.
Key points
- Revenue $87.8 million vs. $91.3 million in Q1 2025; the company said it was the first year-over-year revenue decrease since the COVID pandemic began in 2020
- Gross profit $41.8 million vs. $46.2 million, citing lower revenue and higher fuel and transportation costs
- Net income $30.6 million ($1.06 per diluted share) vs. $34.1 million ($1.19 per diluted share)
- Quarterly dividend of $0.06 per share payable June 12, 2026, to holders of record on May 22, 2026; new Texas kiln expected to start up this summer
The filing
Written by AI on Nov 8, 2026, 1:39 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 29, 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.