Filing Flows › Amrize (AMRZ) › Q2 2026 › vs Q1 2026
Amrize (AMRZ) Q2 2026 vs Q1 2026 (quarter over quarter)
Amrize's revenue rose $1.3B (+60%) from $2.2B in Q1 2026 to $3.5B in Q2 2026. Gross margin 28.4% against 9.5% (+18.9 pts).
Amrize, Q2 2026: revenue $3.5B (+9% year over year), operating margin 20.3%, net earnings $476M, operating cash flow $418M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 28.4% | 9.5% | +18.9 pts |
| Operating margin | 20.3% | -3.3% | +23.7 pts |
| Net margin | 13.6% | -4.9% | +18.5 pts |
| Free cash flow margin | 5.0% | -53.6% | +58.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.5B | $2.2B | $1.3B | +60% |
| Gross profit | $993M | $208M | $785M | +377% |
| Cost of revenue | $2.5B | $2.0B | $528M | +27% |
| Operating profit | $711M | −$72.0M | $783M | — |
| Operating expenses | $282M | $280M | $2.0M | +0.7% |
| Pre-tax earnings | $621M | −$148M | $769M | — |
| Other expense, net | $90.0M | $76.0M | $14.0M | +18% |
| Net earnings | $476M | −$107M | $583M | — |
| Income tax | $146M | −$41.0M | $187M | — |
| Depreciation & amortization | $217M | $198M | $19.0M | +10% |
| Share-based compensation | $11.0M | $9.0M | $2.0M | +22% |
| Working capital & other | $286M | $993M | −$707M | -71% |
| Operating cash flow | $418M | −$893M | $1.3B | — |
| Free cash flow (OCF − capex) | $173M | −$1.2B | $1.3B | — |
| Capital expenditures | $245M | $275M | −$30.0M | -11% |
Questions
How much did Amrize's revenue grow quarter over quarter in Q2 2026?
Amrize's revenue rose $1.3B (+60%) from $2.2B in Q1 2026 to $3.5B in Q2 2026. Gross margin 28.4% against 9.5% (+18.9 pts).