Primo Brands CorpPRMBEarnings & Financial Report
Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.
PRMB Q1 FY2026 Key Financial Metrics
Revenue
$1.6B
Gross Profit
$464.9M
Operating Profit
$138.0M
Net Profit
$27.3M
Gross Margin
28.6%
Operating Margin
8.5%
Net Margin
1.7%
YoY Growth
0.8%
EPS
$0.07
Primo Brands Corp Q1 FY2026 Financial Summary
Primo Brands Corp reported revenue of $1.6B (up 0.8% YoY) for Q1 FY2026, with a net profit of $27.3M (down 4.9% YoY) (1.7% margin). Cost of goods sold was $1.2B, operating expenses totaled $326.9M.
Key Financial Metrics
| Total Revenue | $1.6B |
|---|---|
| Net Profit | $27.3M |
| Gross Margin | 28.6% |
| Operating Margin | 8.5% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Primo Brands Corp Q1 FY2026 revenue of $1.6B breaks down across 4 segments, led by Regional spring water at $801.2M (49.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Regional spring water | $801.2M | 49.3% |
| Purified water | $511.2M | 31.4% |
| Other | $208.2M | 12.8% |
| Premium water | $105.5M | 6.5% |
Primo Brands Corp Revenue by Segment — Quarterly Trend
Primo Brands Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Regional spring water and Purified water) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Regional spring water | $801.2M | — | — | — |
| Purified water | $511.2M | — | — | — |
| Other | $208.2M | $188.4M | $191.8M | $186.7M |
| Premium water | $105.5M | — | — | — |
Primo Brands Corp Annual Revenue by Year
Primo Brands Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.7B).
Primo Brands Corp Quarterly Revenue & Net Profit History
Primo Brands Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.6B | +0.8% | $27.3M | 1.7% |
| Q4 FY2025 | $1.6B | — | $-13.0M | -0.8% |
| Q3 FY2025 | $1.8B | — | $16.8M | 1.0% |
| Q2 FY2025 | $1.7B | +31.6% | $27.6M | 1.6% |
| Q1 FY2025 | $1.6B | +42.1% | $28.7M | 1.8% |
| Q3 FY2024 | $0 | — | $-2.0K | N/A |
| Q2 FY2024 | $1.3B | — | $54.5M | 4.1% |
| Q1 FY2024 | $1.1B | — | $33.5M | 2.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.31B | $0 | $1.61B | $1.73B | $1.77B | $1.55B | $1.63B |
| YoY Growth | N/A | N/A | N/A | 42.1% | 31.6% | N/A | N/A | 0.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | $0 | $10.98B | $11.05B | $10.96B | $10.60B | $10.59B |
| Liabilities | N/A | N/A | $2000 | $7.65B | $7.80B | $7.80B | $7.61B | $7.63B |
| Equity | $-349.8M | $-296.8M | $-2000 | $3.33B | $3.25B | $3.16B | $2.99B | $2.96B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.0M | $102.5M | $0 | $38.8M | $155.0M | $283.4M | $203.1M | $103.8M |