BRBR Q1 2026 Earnings
Reported Feb 3, 2026 at 7:04 AM ET · SEC Source
Q1 26 EPS
$0.37
BEAT +16.76%
Est. $0.32
Q1 26 Revenue
$537.3M
BEAT +6.56%
Est. $504.2M
vs S&P Since Q1 26
-52.9%
TRAILING MARKET
BRBR -46.0% vs S&P +6.9%
Market Reaction
Did BRBR Beat Earnings? Q1 2026 Results
BellRing Brands delivered a headline beat in fiscal Q1 2026, posting earnings per share of $0.37 against a consensus estimate of $0.32, a 16.76% beat, while revenue of $537.30 million topped the $504.23 million estimate by 6.56%, though net sales gre… Read more BellRing Brands delivered a headline beat in fiscal Q1 2026, posting earnings per share of $0.37 against a consensus estimate of $0.32, a 16.76% beat, while revenue of $537.30 million topped the $504.23 million estimate by 6.56%, though net sales grew only 0.8% year over year. The topline strength was partly a timing artifact, as favorable customer order pull-forward from Q2 and a 15.8% surge in Dymatize international volume padded results, even as Premier Protein RTD shake sales slipped 2.2% on tough club channel comparisons. The more consequential story was a sharp deterioration in profitability, with gross margin collapsing to 29.9% from 37.5% a year ago, driven by tariff-related input cost inflation and unfavorable mix, sending net earnings to $43.70 million from $76.90 million. The results arrive as multiple securities class action lawsuits allege the company previously masked slowing demand behind customer inventory stockpiling. Looking ahead, management narrowed its fiscal 2026 guidance to net sales of $2.41 billion to $2.46 billion and Adjusted EBITDA of $425 million to $440 million, anticipating second-half improvement as promotional and innovation initiatives build momentum.
Key Takeaways
- • Dymatize net sales increased 15.8% driven by strong volume growth, particularly in the international channel
- • Favorable timing of customer orders previously expected in Q2
- • Premier Protein RTD shake TDPs reached all-time high with distribution growth of +26% YoY
- • Significant input cost inflation including tariffs drove gross margin contraction from 37.5% to 29.9%
- • Higher interest expense from increased revolving credit facility borrowings
- • Premier Protein RTD shake consumption declined 2.2% due to tough prior-year club channel comparisons and non-repeating promotions
BRBR YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
“We delivered first quarter results ahead of our guidance, primarily due to favorable timing, and our operating plans remain on track. Our 2026 outlook has been modestly narrowed, reflecting increased category promotional frequency and higher whey protein costs, and continues to anticipate growth and second half acceleration as demand initiatives ramp. We remain highly focused on executing our strategic priorities of stepping up brand investment, accelerating our innovation pipeline and sharpening multi-channel execution to reach even more consumers.”
— Darcy H. Davenport, Q1 2026 Earnings Press Release
BRBR Earnings Trends
BRBR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BRBR EPS Trend
Earnings per share: estimate vs actual
BRBR Revenue Trend
Quarterly revenue: estimate vs actual
BRBR Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS | $0.31 | $0.14 | -55.30% | $598.7M | -1.66% |
| Q1 26 BEAT | $0.32 | $0.37 | +16.76% | $537.3M | +6.56% |
| Q4 25 MISS FY | $0.55 | $0.51 | -6.83% | $648.2M | +2.28% |
| FY Full Year | — | $2.17 | — | $2.32B | — |
| Q3 25 BEAT | $0.50 | $0.55 | +9.93% | $547.5M | +3.00% |