Colgate-Palmolive (CL) Q1 FY2026 earnings: revenue $5.3 billion, up 8.4% on the year

Colgate-Palmolive Co. (CL) reported revenue of $5.3 billion for Q1 FY2026, the quarter ended 31 March 2026, up 8.4% on the same quarter a year earlier. Net income was $646 million, down 6.4% on the year, and diluted earnings per share $0.80. The figures are the company's own, from the 10-Q it filed with the SEC on 1 May 2026.

Revenue

$5.3 billion

+8.4% on the year · +1.8% on the quarter

Q2 FY2024Q1 FY2026

Operating margin

18.1%

21.9% a year earlier

Q2 FY2024Q1 FY2026

Net income

$646 million

-6.4% on the year

Q2 FY2024Q1 FY2026

Diluted EPS

$0.80

-5.9% on the year

Q2 FY2024Q1 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 4 kept.

Net sales and organic sales rose: Net sales were $5,324 million, up 8.4% from $4,911 million. Organic sales rose 2.9%, with volume up 1.1% and pricing up 2.2%.
Base Business EPS rose, GAAP EPS fell: Base Business diluted EPS was $0.97, up 7% from $0.91. GAAP diluted EPS was $0.80, down 6% from $0.85; the difference reflects SGPP charges of $0.17 per share.
GAAP operating profit fell on charges: GAAP operating profit was $964 million, down 10%. Base Business operating profit was $1,134 million, up 4%, with a 21.3% margin.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Revenue	5,324	5,230	4,911	+1.8%	+8.4%
Cost of revenue	2,098	2,084	1,924	+0.7%	+9.0%
Gross profit	3,226	3,146	2,987	+2.5%	+8.0%
Gross margin	60.6%	60.2%	60.8%
Selling, general and administrative	2,076	2,071	1,898	+0.2%	+9.4%
Operating income	964	91.0	1,076	+959.3%	-10.4%
Operating margin	18.1%	1.7%	21.9%
Interest expense	62.0	63.0	66.0	-1.6%	-6.1%
Pre-tax income	892	107	953	+733.6%	-6.4%
Income tax	211	111	227	+90.1%	-7.0%
Effective tax rate	23.7%	103.7%	23.8%
Net income	646	-36.0	690		-6.4%
Net margin	12.1%	-0.7%	14.1%
Diluted EPS	$0.80	-$0.05	$0.85		-5.9%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Operating cash flow	747	1,453	600	-48.6%	+24.5%
Capital expenditure	138	177	124	-22.0%	+11.3%
Free cash flow	609	1,276	476	-52.3%	+27.9%
Free cash flow margin	11.4%	24.4%	9.7%
Cash from investing	-122	-103	-159
Cash from financing	-563	-1,361	-458
Depreciation and amortisation	156	173	148	-9.8%	+5.4%
Share-based compensation	40.0	28.0	23.0	+42.9%	+73.9%
Buybacks	306	406	284	-24.6%	+7.7%
Dividends paid	417	523	406	-20.3%	+2.7%
Dividend per share	$0.53	n/a	$0.52		+1.9%
Diluted shares, weighted	805m	805m	815m	+0.0%	-1.2%
Shares outstanding at period end	800m	801m	810m	-0.1%	-1.3%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Shareholders' equity	145	54.0	363	+168.5%	-60.1%
Non-controlling interest	341	311	370	+9.6%	-7.8%
Debt	7,937	7,988	8,269	-0.6%	-4.0%
Operating lease liabilities	n/a	448	n/a
Other liabilities	8,187	7,529	7,645	+8.7%	+7.1%
Total liabilities and equity	16,610	16,330	16,647	+1.7%	-0.2%
Fixed assets	4,622	4,660	4,416	-0.8%	+4.7%
Goodwill	3,107	3,122	3,334	-0.5%	-6.8%
Intangible assets	1,521	1,536	1,782	-1.0%	-14.6%
Investments	n/a	107	n/a
Cash and equivalents	1,335	1,288	1,112	+3.6%	+20.1%
Receivables	1,889	1,675	1,725	+12.8%	+9.5%
Inventory	2,086	2,032	2,125	+2.7%	-1.8%
Other assets	2,050	1,910	2,153	+7.3%	-4.8%
Total assets	16,610	16,330	16,647	+1.7%	-0.2%

Questions

What was Colgate-Palmolive's revenue in Q1 FY2026?

Colgate-Palmolive (CL) reported revenue of $5.3 billion for Q1 FY2026, the quarter ended 31 March 2026, up 8.4% on the same quarter a year earlier.

How much did Colgate-Palmolive earn in Q1 FY2026?

Net income for Q1 FY2026 was $646 million, down 6.4% on the year, and diluted earnings per share $0.80.

When did Colgate-Palmolive report Q1 FY2026 results?

Colgate-Palmolive filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 1 May 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	4,403	4,399	4,484	4,455	4,629	4,770	4,822	4,915	4,950	5,065	5,058	5,033	4,945	4,911	5,110	5,131	5,230	5,324	5,361	5,369
Cost of revenue	1,844	1,827	1,930	1,907	2,055	2,058	2,035	2,038	2,000	2,026	1,992	1,959	1,963	1,924	2,041	2,082	2,084	2,098	2,065	2,136
Gross profit	2,559	2,572	2,554	2,548	2,574	2,712	2,787	2,877	2,950	3,039	3,066	3,074	2,982	2,987	3,069	3,049	3,146	3,226	3,296	3,233
Gross margin	58%	58%	57%	57%	56%	57%	58%	59%	60%	60%	61%	61%	60%	61%	60%	59%	60%	61%	61%	60%
SG&A	1,598	1,641	1,657	1,634	1,633	1,758	1,768	1,822	1,803	1,916	1,939	1,979	1,895	1,898	1,963	1,971	2,071	2,076	2,130	2,111
Operating income	365	860	884	947	202	909	974	1,029	1,072	1,047	1,092	1,065	1,064	1,076	1,080	1,059	91.0	964	1,016	1,088
Operating margin	8%	20%	20%	21%	4%	19%	20%	21%	22%	21%	22%	21%	22%	22%	21%	21%	2%	18%	19%	20%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	73.0	78.0	74.0	67.0	66.0	71.0	67.0	63.0	62.0	62.0	62.0
Pre-tax income	324	795	841	892	132	561	887	956	988	967	1,010	986	993	953	1,007	992	107	892	950	1,019
Tax rate	42%	24%	24%	24%	67%	26%	40%	22%	23%	25%	24%	21%	22%	24%	23%	23%	104%	24%	24%	24%
Net income	148	559	603	618	5.0	372	502	708	718	683	731	737	738	690	743	735	-36.0	646	693	751
Net margin	3%	13%	13%	14%	0%	8%	10%	14%	15%	13%	14%	15%	15%	14%	15%	14%	-1%	12%	13%	14%
Diluted EPS	$0.17	$0.66	$0.72	$0.74	$0.01	$0.45	$0.60	$0.86	$0.87	$0.83	$0.89	$0.90	$0.90	$0.85	$0.91	$0.91	-$0.05	$0.80	$0.86	$0.94
Operating cash flow	1,106	386	528	969	673	735	722	1,152	1,136	681	990	1,167	1,269	600	884	1,261	1,453	747	995	1,171
Capital expenditure	193	122	178	175	221	163	184	161	197	126	117	134	184	124	108	155	177	138	128	134
Free cash flow	913	264	350	794	452	572	538	991	939	555	873	1,033	1,085	476	776	1,106	1,276	609	867	1,037
Buybacks	356	410	381	104	413	180	371	332	245	509	480	295	455	284	232	288	406	306	291	330
Dividends paid	496	378	436	392	485	390	457	396	506	394	473	408	514	406	474	420	523	417	462	429
Shares outstanding	840m	838m	834m	835m	830m	830m	827m	823m	821m	820m	817m	817m	813m	810m	808m	806m	801m	800m	797m	795m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 31 March 2026, filed 1 May 2026: the filing.