Kimberly-Clark

Kimberly-Clark (KMB) Q1 2026 Earnings

Reported Apr 28, 2026 at 6:33 AM ET · SEC Source

Q1 26 EPS

$1.97

BEAT +2.24%

Est. $1.93

Q1 26 Revenue

$4.16B

BEAT +1.69%

Est. $4.09B

vs S&P Since Q1 26

+2.4%

BEATING MARKET

KMB +11.0% vs S&P +8.7%

Market Reaction

Did KMB Beat Earnings? Q1 2026 Results

Kimberly-Clark delivered a solid beat to open fiscal 2026, posting adjusted EPS attributable to the company of $1.97 against a consensus estimate of $1.93, a 2.24% beat that extended the consumer products giant's streak of topping Wall Street expecta… Read more Kimberly-Clark delivered a solid beat to open fiscal 2026, posting adjusted EPS attributable to the company of $1.97 against a consensus estimate of $1.93, a 2.24% beat that extended the consumer products giant's streak of topping Wall Street expectations to four consecutive quarters. Revenue came in at $4.16 billion, clearing the $4.09 billion estimate by 1.69%, though reported net sales fell 14.0% year-over-year as the company's International Family Care and Professional business is now classified as discontinued operations ahead of its expected mid-2026 close as a joint venture with Suzano. The clearest engine behind the quarter was International Personal Care, where net sales climbed 9.1% to $1.51 billion and operating profit surged 21.9% to $245.00 million, providing meaningful offset to a softer North America segment weighed down by the planned exit of the U.S. Private label diaper business. With analysts already eyeing the pending Kenvue acquisition as a key value catalyst, management reaffirmed its 2026 outlook, calling for organic sales growth in line with or ahead of approximately 2.5% category growth and double-digit adjusted EPS growth from continuing operations on a constant-currency basis.

Key Takeaways

  • Organic sales growth of 2.5% driven by volume-plus-mix growth of 3.0%
  • International Personal Care organic sales growth of 4.0% with volume-led growth of 4.1%
  • Strong productivity savings across the business
  • Lower marketing, research and general expenses reflecting overhead savings
  • Favorable currency translation of 2.0%
  • $120 million insurance recovery benefit from settlement of claims related to a previous acquisition
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KMB YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

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KMB Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q2 26

“Our first quarter results highlight the strength and resilience of the growth engine we've built through Powering Care. We continued to deliver solid volume-plus-mix performance while building share momentum despite continued geopolitical and macroeconomic uncertainty. We accomplished this by driving consumer-inspired innovation, growing brand love, and executing exceptionally well as a team. Simultaneously, we continue to generate meaningful cost savings that reinforce our strong financial foundation and enable us to invest in our exciting future.”

— Mike Hsu, Q1 2026 Earnings Press Release