Filing Flows › American Eagle Outfitters (AEO) › Q2 FY26
American Eagle Outfitters (AEO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 9, 2025
American Eagle Outfitters (AEO) reported revenue of $1.3B for the second quarter fiscal 2026 (Q2 FY26), -0.6% from a year earlier and +18% from the quarter before. Operating margin was 8.0%, net earnings $76.8M (6.0% of revenue).
American Eagle Outfitters, Q2 FY26: revenue $1.3B (-0.6% year over year), operating margin 8.0%, net earnings $76.8M, operating cash flow $27.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +18% | -0.6% |
| Gross profit | $500M | +55% | +0.2% |
| Operating profit | $103M | — | +2% |
| Net earnings | $76.8M | — | -0.6% |
| Operating cash flow | $27.8M | — | -64% |
What changed
Revenue was $1.3B in Q2 FY26, down 1% year over year and up 18% from the previous quarter.
Gross margin was 38.9%, up 0.3 points from a year earlier. Operating profit was $0.10B, a 8.0% margin (up 0.2 points year over year). Operating expenses fell 0% while revenue fell 1%. Net earnings were $0.08B, roughly flat year over year. The effective tax rate was 23.6%.
Operating cash flow was $0.03B (down 64% year over year), 36% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.04B.
Questions
What was American Eagle Outfitters' revenue in the second quarter fiscal 2026?
American Eagle Outfitters (AEO) reported revenue of $1.3B for the second quarter fiscal 2026 (Q2 FY26), -0.6% from a year earlier and +18% from the quarter before.
Was American Eagle Outfitters profitable in the second quarter fiscal 2026?
Operating profit was $103M (8.0% of revenue) and net earnings $76.8M.