NYSE$COOK

Traeger Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Traeger (COOK) reported Q1 2026 revenue of $94.1M (-34% YoY) with net income of $2.9M and diluted EPS of $1.08.

Traeger posted Q1 2026 revenue of $94.1 million, down from $143.3 million, on lower grill and consumable volumes after a prior-year surge. Despite the sales decline, the company delivered net income of $2.9 million ($1.08 diluted EPS) versus a $0.8 million loss a year ago, helped by cost actions and mix. Gross margin trends and inventory management are focal points ahead of the grilling season.

  • Revenue $94.1M (-34% YoY) on softer demand.
  • Net income $2.9M; diluted EPS $1.08 vs $(0.30) prior year.
  • Profitability despite top-line decline from cost control.
  • Seasonal Q1 historically smaller; summer sell-in critical.
  • Retail inventory and promotional environment discussed in MD&A.

Headline financials

Total Revenue

$94.1M

Previous: $143M-34.3%
EPS (adj)

$1.08

Previous: -$0.01+10900.0%
Capital Expenditures

-$3.39M

Previous: -$1.83M-85.8%
Net Income

$2.93M

Previous: -$778K+476.3%
Operating Income

-$1.02M

Previous: $3.41M-130.0%
Gross Profit

$43M

Previous: $59.5M-27.7%

Revenue & EPS history

Traeger · Revenue · Quarterly

$94.1M

Q1 2026-34.3%vs Q1 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Traeger · $118M total across 3 segments · Q3 2023

  • Grills
    $56.6M+45.1%
  • Accessories
    $35.8M+20.9%
  • Consumables
    $25.4M+0.8%

Forward guidance

Management discusses seasonal sell-through and margin initiatives; the Q1 10-Q does not carry a full numeric annual guide in the financial statements.

Tailwinds

  • Returned to profitability on lower revenue base.
  • Cost structure flexed down with volumes.

Headwinds

  • Sharp revenue decline vs tough comparison.
  • Consumer discretionary and weather sensitivity for grilling season.
  • Inventory rebalancing risk at retail partners.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.0%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-6.6%

Avg return

30 days after

42%

10 / 24 earnings

Positive

+32.6%

Q2 2024

Best reaction

-20.6%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.3%-8.8%+36.6%
Q4 2025-20.3%-20.8%-20.3%
Q3 2025-12.5%-2.0%-21.1%
Q1 2025-2.7%-10.1%-6.8%
Q4 2024+0.9%-15.7%-31.0%
Q3 2024-0.6%-5.5%-4.3%
Q2 2024+32.6%+27.9%+61.4%
Q1 2024+4.3%+0.0%+8.7%
Q4 2023-8.5%-2.2%+4.0%
Q3 2023-20.6%-25.0%-24.0%
Q2 2023+32.1%+29.8%-1.8%
Q1 2023+28.8%+20.3%+46.3%
Q4 2022+13.0%+22.5%+13.9%
Q3 2022-17.0%+2.9%-22.9%
Q2 2022+11.3%+5.4%-6.5%
Q1 2021+30.2%+35.4%-1.6%
Q1 2022+4.1%+9.3%-14.6%
Q4 2019+4.4%+1.4%-12.6%
Q4 2021-15.8%-20.6%-29.8%
Q3 2020-16.0%-25.9%-34.9%
Q3 2021-16.0%-25.9%-34.9%
Q2 2020-9.7%-10.9%-21.7%
Q4 2020-9.7%-10.9%-21.7%
Q2 2021-4.0%-11.6%-20.0%
Q1 2020

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