Hawkins 2026 Q1 Earnings Beats Expectations as Net Income Grows 1%

Hawkins (HWKN) reported its fiscal 2026 Q1 earnings on Jul 30th, 2025. The company exceeded analyst expectations, with revenue reaching $293.27 million, surpassing the consensus estimate of $284.34 million. EPS also beat projections, coming in at $1.40 compared to the estimated $1.36. Hawkins did not provide explicit guidance in its press release, leaving investors to rely on analyst forecasts. The market reaction was muted, indicating that the earnings beat might have already been priced in.

Revenue
Hawkins experienced a notable 14.6% revenue increase in 2026 Q1, totaling $293.27 million, up from $255.88 million in 2025 Q1. The Water Treatment segment notably contributed $149.57 million, marking a significant portion of the revenue growth. The Industrial segment followed with $89.18 million, while the Health and Nutrition segment added $54.53 million to the overall revenue.

Earnings/Net Income
Hawkins's EPS rose by 1.4% to $1.41 in 2026 Q1 from $1.39 in 2025 Q1, demonstrating continued earnings growth. Net income for the quarter was $29.18 million, a 1.0% increase from $28.88 million in 2025 Q1. The EPS results indicate steady performance and sustained profitability.

Price Action
The stock price of Hawkins edged down 0.44% during the latest trading day, fell 0.31% over the most recent full trading week, but showed a strong month-to-date performance, jumping 10.57%.

Post-Earnings Price Action Review
The strategy of purchasing Hawkins shares following a quarter-over-quarter revenue increase on the financial report release date, and holding them for 30 days, yielded moderate returns. The compound annual growth rate (CAGR) stood at 5.94%, which trailed the benchmark by 54.43%. With a maximum drawdown of 0.00% and a Sharpe ratio of 0.26, the strategy demonstrated low risk but modest returns, making it more suitable for investors seeking steady gains rather than aggressive growth.

CEO Commentary
“Our first quarter results came in as expected, with Water Treatment having another strong quarter with revenue growth of 28%. Our record revenue of $293 million was the result of all three reporting segments growing year over year, and for the first time in our history, Hawkins crossed the $1 billion revenue mark for the trailing twelve months. Our strategy of investing in higher margin business helped drive this growth, allowing us to maintain a strong balance sheet and focus on future growth opportunities. I am extremely proud of the entire Hawkins team and their contributions to our success,” said Patrick H. Hawkins, Chief Executive Officer and President.

Guidance
“Looking to the future, we expect all three segments to continue to grow profitability for fiscal 2026. We will continue to deliver on our strategy of investing in our higher margin businesses, while servicing the needs of our customers to the highest level possible.”

Additional News
In recent weeks, Hawkins Inc announced the acquisition of WaterSurplus, significantly enhancing its capabilities in design, engineering, and filtration systems. The acquisition is expected to bolster Hawkins' Water Treatment segment, contributing $29 million in sales. Additionally, the company declared a quarterly dividend increase of 6% to $0.19 per share, indicating confidence in its financial stability. Moreover, Hawkins has seen significant institutional trading activity, with hedge funds and other institutional investors increasing their holdings, reflecting positive sentiment in the company's strategic direction and growth potential.