Stanley Black & Decker, Inc. (SWK) Q1 2026 Earnings Call Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
Should l Buy SWK?
Source: SeekingAlpha
Revenue Stanley Black & Decker reported revenue of $4.2 billion for Q1 2026, which represents a 5% increase year-over-year. This growth was driven by strong demand in the Tools & Outdoor segment and favorable pricing actions.
Gross Margin The gross margin for Q1 2026 was 35%, up from 33% in the same period last year. The 2% improvement was attributed to cost-saving initiatives and operational efficiencies.
Operating Income Operating income for the quarter was $630 million, a 10% increase compared to Q1 2025. This was due to higher revenue and improved gross margins.
Net Income Net income for Q1 2026 was $450 million, up 12% year-over-year. The increase was primarily driven by higher operating income and lower interest expenses.
Earnings Per Share (EPS) Earnings per share for the quarter were $2.85, a 14% increase from $2.50 in Q1 2025. This growth was supported by higher net income and share repurchase activities.
Free Cash Flow Free cash flow for Q1 2026 was $300 million, compared to $250 million in the same period last year, reflecting a 20% increase. The improvement was due to better working capital management and higher earnings.
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Analyst Views on SWK
Wall Street analysts forecast SWK stock price to rise
9 Analyst Rating
5 Buy
3 Hold
1 Sell
Moderate Buy
Current: 81.070
Low
69.00
Averages
84.89
High
98.00
Current: 81.070
Low
69.00
Averages
84.89
High
98.00
About SWK
Stanley Black & Decker Inc. is a global provider of hand tools, power tools, outdoor products and related accessories, as well as a provider of engineered fastening solutions. The Company's segments include Tools & Outdoor and Engineered Fastening. The Tools & Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories & Storage (HTAS), and Outdoor Power Equipment (Outdoor) product lines. The PTG product line includes both professional and consumer products. The HTAS product line sells hand tools, power tool accessories and storage products. The Outdoor product line primarily sells corded and cordless electric lawn and garden products. The Engineered Fastening segment sells engineered components such as fasteners, fittings and various engineered products, which are designed for specific applications across multiple verticals. Its brands include DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, DEWALT FLEXVOLT, IRWIN, LENOX, PORTER-CABLE, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Regulatory Support and Revenue Growth: The Pennsylvania Public Utility Commission's approval for York Water to raise rates is expected to boost annual revenue by $18.85 million, or 24%, providing robust support for the company's future cash flow and profitability.
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