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Amcor (AMCR) Q2 2026 earnings results (second quarter 2026)

10-K filed Aug 14, 2026

Amcor (AMCR) reported revenue of $6.4B for the second quarter 2026 (Q2 2026), +26% from a year earlier and +8% from the quarter before. Operating margin was 10.1%, net earnings $389M (6.1% of revenue).

Revenue$6.4B
Year over year+26%
Quarter over quarter+8%
Operating margin10.1%
Net earnings$389M

Amcor, Q2 2026: revenue $6.4B (+26% year over year), operating margin 10.1%, net earnings $389M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$6.4B+8%+26%
Gross profit$1.3B+12%+49%
Operating profit$646M+40%+643%
Net earnings$389M+40%—
Operating cash flow$1.6B+758%+43%
Free cash flow$1.4B—+52%

What changed

Revenue was $6.4B in Q2 2026, up 26% year over year and up 8% from the previous quarter. Global Flexible Packaging Solutions was the largest line at 55% of revenue.

Gross margin was 20.9%, up 3.3 points from Q2 2025. Operating profit was $0.65B, a 10.1% margin (up 8.4 points year over year). Of the extra revenue versus Q2 2025, 42% reached operating profit, above the 2% margin then. Operating expenses fell 14% while revenue rose 26%. The fastest-growing cost line was SG&A (+39%). Net earnings were $0.39B. The effective tax rate was 20.0%.

Operating cash flow was $1.6B (up 43% year over year), 410% of net earnings. Non-cash charges added back $0.36B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.81B. Capital expenditures of $0.23B left free cash flow of $1.4B.

Questions

What was Amcor's revenue in the second quarter 2026?

Amcor (AMCR) reported revenue of $6.4B for the second quarter 2026 (Q2 2026), +26% from a year earlier and +8% from the quarter before.

Was Amcor profitable in the second quarter 2026?

Operating profit was $646M (10.1% of revenue) and net earnings $389M.

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Source: Amcor 10-K on SEC EDGAR.