Davey Tree Q1 net loss widens to $10.7M; revenue flat at $435.8M

DAVEY TREE EXPERT CO

2026-Q1 EPS reported -$0.27 revenue$435,775,000

Net loss of $10.7M (diluted EPS -$0.27) vs net loss $3.3M (-$0.08) in Q1 2025.
Revenue $435.8M +0.2%; Utility segment up 3.3%, R/C down 4.1% due to absence of storm cleanup.
Loss from operations $10.9M vs $1.6M loss, driven by inflation and front-loaded marketing costs.
Long-term debt $460M, up from $317M; interest expense $4.6M +4.8%; credit facility amended.
Dividend increased to $0.030 per share from $0.025.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DAVEY TREE EXPERT CO reported first quarter ended April 4, 2026 results: revenue $435.8 million, net income $(10,685), EPS $(.27).

Period: first quarter ended April 4, 2026
Revenue: $435.8 million
Net income: $(10,685)
EPS: $(.27)
Result: reported results

Exact text from the filing

Exchange Act, unless such subsequent filing specifically references this Form 8-K. --- EX-99.1 (EX-99.1) --- To Our Shareholders, The Company’s first quarter 2026 revenue of $435.8 million increased slightly from the record first quarter 2025 revenue by $1.0 million, or 0.2%. This growth was driven by consistent demand in the Utility segment, where revenue

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Source: SEC EDGAR

accession 0001628280-26-039379

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