Household products company Spectrum Brands (NYSE: SPB) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 4.9% year on year to $708.9 million. Its non-GAAP profit of $1.25 per share was 17.5% above analysts’ consensus estimates.
Is now the time to buy Spectrum Brands? Find out by accessing our full research report, it’s free.
Spectrum Brands (SPB) Q1 CY2026 Highlights:
- Revenue: $708.9 million vs analyst estimates of $679.1 million (4.9% year-on-year growth, 4.4% beat)
- Adjusted EPS: $1.25 vs analyst estimates of $1.06 (17.5% beat)
- Adjusted EBITDA: $84 million vs analyst estimates of $69.4 million (11.8% margin, 21% beat)
- Operating Margin: 6.1%, up from 2.9% in the same quarter last year
- Free Cash Flow Margin: 0.1%, down from 2.1% in the same quarter last year
- Organic Revenue rose 4.9% year on year (beat)
- Market Capitalization: $1.97 billion
Company Overview
A leader in multiple consumer product categories, Spectrum Brands (NYSE: SPB) is a diversified company with a portfolio of trusted brands spanning home appliances, garden care, personal care, and pet care.
Revenue Growth
A company’s long-term sales performance is one signal of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul.
With $2.82 billion in revenue over the past 12 months, Spectrum Brands carries some recognizable products but is a mid-sized consumer staples company. Its size could bring disadvantages compared to larger competitors benefiting from better brand awareness and economies of scale.
As you can see below, Spectrum Brands’s revenue declined by 2.2% per year over the last three years, a poor baseline for our analysis.
This quarter, Spectrum Brands reported modest year-on-year revenue growth of 4.9% but beat Wall Street’s estimates by 4.4%.
Looking ahead, sell-side analysts expect revenue to grow 1.6% over the next 12 months. While this projection suggests its newer products will spur better top-line performance, it is still below the sector average.
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Organic Revenue Growth
When analyzing revenue growth, we care most about organic revenue growth. This metric captures a business’s performance excluding one-time events such as mergers, acquisitions, and divestitures as well as foreign currency fluctuations.
Spectrum Brands’s demand has been falling over the last eight quarters, and on average, its organic sales have declined by 1.2% year on year. 
In the latest quarter, Spectrum Brands’s organic sales rose by 4.9% year on year. This growth was a well-appreciated turnaround from its historical levels, showing the business is regaining momentum.
Key Takeaways from Spectrum Brands’s Q1 Results
We were impressed by how significantly Spectrum Brands blew past analysts’ EBITDA expectations this quarter. We were also excited its organic revenue outperformed Wall Street’s estimates by a wide margin. Zooming out, we think this was a good print with some key areas of upside. The stock traded up 1.9% to $86.62 immediately following the results.
Spectrum Brands had an encouraging quarter, but one earnings result doesn’t necessarily make the stock a buy. Let’s see if this is a good investment. The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here (it’s free).
