---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-183549"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:41:17.761743+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Watsco Q1 revenue flat at $1.53B, EPS down 3% to $1.87; acquires Jackson Supply ($230M sales)

## Summary
- Revenue flat at $1.53B; EPS down 3% to $1.87; operating income down 2% to $110M.
- Acquires Jackson Supply Company, Sunbelt HVAC distributor with $230M annual sales; expected close Q2 2026.
- Annual cash dividend increased 10% to $13.20 per share; 52 consecutive years of dividends.
- Cash used in operations improved to $19M from $178M YoY, a $159M improvement.
- E-commerce sales grew 16% to $2.6B annualized; OnCallAir GMV up 20% to $394M in Q1.

## SEC filing metadata
- accession: 0001193125-26-183549
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312526183549/0001193125-26-183549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312526183549/wso-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-183549
- JSON: https://secwatch.observer/filing/0001193125-26-183549.json
- Plain text: https://secwatch.observer/filing/0001193125-26-183549.txt

## Key facts
- Earnings Releases
  WATSCO INC reported first quarter ended March 31, 2026 results: revenue $1.53 billion, EPS $1.87.
  - Period: first quarter ended March 31, 2026
  - Revenue: $1.53 billion
  - EPS: $1.87
  - Result: reported results
  source text: First Quarter Performance • Revenues were flat at $1.53 billion • Gross profit was flat at $428 million (gross profit margin of 27.9% versus 28.1% last year) • SG&A was also flat and consistent as a percentage of sales • Operating income decreased 2% to $110 million (operating margin of 7.2% versus 7.3% last year) • Earnings per share decreased 3% to $1.87 • Cash used in operations was $19 million versus $178 million last year, a $159 million improvement
  evidence_url: https://www.sec.gov/Archives/edgar/data/105016/000119312526183549/0001193125-26-183549-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.