Filing Flows › Amcor (AMCR) › Q2 2026 › vs Q2 2025
Amcor (AMCR) Q2 2026 vs Q2 2025 (year over year)
Amcor's revenue rose $1.3B (+26%) from $5.1B in Q2 2025 to $6.4B in Q2 2026. Gross margin 20.9% against 17.6% (+3.3 pts).
Amcor, Q2 2026: revenue $6.4B (+26% year over year), operating margin 10.1%, net earnings $389M, operating cash flow $1.6B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 20.9% | 17.6% | +3.3 pts |
| Operating margin | 10.1% | 1.7% | +8.4 pts |
| Net margin | 6.1% | -0.8% | +6.8 pts |
| Free cash flow margin | 21.3% | 17.6% | +3.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $6.4B | $5.1B | $1.3B | +26% |
| Gross profit | $1.3B | $895M | $442M | +49% |
| Cost of revenue | $5.1B | $4.2B | $874M | +21% |
| Operating profit | $646M | $87.0M | $559M | +643% |
| Operating expenses | $691M | $808M | −$117M | -14% |
| Pre-tax earnings | $485M | −$45.0M | $530M | — |
| Other expense, net | $161M | $132M | $29.0M | +22% |
| Research & development | $42.0M | $38.0M | $4.0M | +11% |
| SG&A | $568M | $408M | $160M | +39% |
| Other operating costs | $81.0M | $362M | −$281M | -78% |
| Net earnings | $389M | −$39.0M | $428M | — |
| Income tax | $97.0M | −$6.0M | $103M | — |
| Depreciation & amortization | $365M | $323M | $42.0M | +13% |
| Share-based compensation | $30.0M | $44.0M | −$14.0M | -32% |
| Working capital & other | $811M | $786M | $25.0M | +3% |
| Operating cash flow | $1.6B | $1.1B | $481M | +43% |
| Free cash flow (OCF − capex) | $1.4B | $894M | $466M | +52% |
| Capital expenditures | $235M | $220M | $15.0M | +7% |
Questions
How much did Amcor's revenue grow year over year in Q2 2026?
Amcor's revenue rose $1.3B (+26%) from $5.1B in Q2 2025 to $6.4B in Q2 2026. Gross margin 20.9% against 17.6% (+3.3 pts).