Colgate Q1 2026 Revenue $5.3B Beats Expectations, Stock Rises
Colgate-Palmolive reported Q1 2026 revenue of $5.32 billion, up 8.4% year-over-year, exceeding market consensus. GAAP EPS declined 6% to $0.80, but adjusted EPS grew 7% to $0.97, driving post-earnings stock appreciation.
- Colgate delivered Q1 2026 revenue of $5.32 billion, beating expectations, with adjusted EPS up 7% to $0.97
- The stock rose on the earnings beat and maintained full-year guidance despite tariff and macro uncertainty
Colgate-Palmolive reported Q1 2026 revenue of $5.32 billion (up 8.4% year-over-year) via SEC 8-K filing, surpassing market expectations.
Earnings at a Glance
Revenue rose 8.4% year-over-year. Organic revenue growth (excluding currency effects) was 2.9%. GAAP EPS declined 6% to $0.80, though adjusted EPS (excluding one-time charges) grew 7% to $0.97.
- Revenue: $5.32 billion, +8.4% YoY
- GAAP EPS: $0.80, -6% vs. prior year ($0.85)
- Adjusted EPS: $0.97, +7% vs. prior year ($0.91)
- GAAP Operating Income: $964 million, -10% YoY
- Adjusted Operating Income: $1.134 billion, +4% YoY
- Operating Cash Flow: $747 million (Q1 YTD)
- Gross Margin: 60.6%, down 0.2 percentage points YoY
Full-Year Company Guidance
The company maintained its full-year 2026 revenue growth guidance of 2–6% and organic growth guidance of 1–4%. However, gross margin guidance was revised from "improvement" to "modest decline," reflecting tariff impacts and macroeconomic uncertainty. CEO Noel Wallace stated: "While the macro environment remains uncertain and industry growth is moderating, we remain committed to delivering consistent EPS growth through our 2030 strategy." The Board expanded its Simplification, Growth, and Productivity Program (SGPP). Cumulative pre-tax program costs are now projected at $350–550 million (versus prior guidance of $200–300 million), with annual run-rate savings expected to reach $200–300 million.
Market Reaction
Colgate shares rose following the earnings release. Revenue beat and maintained full-year guidance supported positive sentiment. Reuters reported that "strong international demand drove results." However, GAAP EPS slightly missing consensus and the gross margin guidance downgrade were cited as headwinds.
Segment Performance
- North America: Revenue -1.8% YoY, Operating Income $141 million (-28% due to restructuring charges)
- Latin America: Revenue +14.8%, Operating Income $401 million (+15%)
- Europe, Middle East & Africa (EMEA): Revenue +11.9%, Operating Income $266 million (+20%)
- Asia-Pacific: Revenue +8.9%, Operating Income $222 million (+9%)
- Hill's Pet Nutrition: Revenue +6.7%, Operating Income $280 million (+8%)
This article was auto-generated based on the SEC 8-K filing and press reports for rapid dissemination of key data following announcement. Investors are advised to review official company filings before making trading decisions.
CLFrequently Asked Questions
What was Colgate's Q1 2026 revenue?
Q1 2026 revenue was $5.32 billion, up 8.4% from the prior-year quarter ($4.91 billion).
What's the difference between adjusted and GAAP EPS?
GAAP EPS includes all charges, including one-time restructuring costs ($0.80 this quarter, -6% YoY). Adjusted EPS excludes one-time items to show "normalized" operating performance ($0.97 this quarter, +7% YoY).
What is Colgate's outlook for 2026?
The company maintained full-year revenue growth guidance of 2–6% and organic growth of 1–4%. However, gross margin guidance was downgraded from "improvement" to "modest decline" due to tariffs and macro headwinds.
Why did North America operating income drop 28%?
North America operating income fell 28% to $141 million, primarily due to restructuring charges under the expanded Simplification, Growth, and Productivity Program (SGPP). Specific cost breakdowns were not separately disclosed.
Smart Money Briefing
Weekly summaries of Wall Street guru moves and crypto whale activity.
