Filing Flows › Amrize (AMRZ) › Q2 2026 › vs Q2 2025
Amrize (AMRZ) Q2 2026 vs Q2 2025 (year over year)
Amrize's revenue rose $276M (+9%) from $3.2B in Q2 2025 to $3.5B in Q2 2026. Gross margin 28.4% against 29.2% (-0.8 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 28.4% | 29.2% | -0.8 pts |
| Operating margin | 20.3% | 20.4% | -0.1 pts |
| Net margin | 13.6% | 12.9% | +0.7 pts |
| Free cash flow margin | 5.0% | 5.3% | -0.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $3.5B | $3.2B | $276M | +9% |
| Gross profit | $993M | $941M | $52.0M | +6% |
| Cost of revenue | $2.5B | $2.3B | $224M | +10% |
| Operating profit | $711M | $657M | $54.0M | +8% |
| Operating expenses | $282M | $284M | −$2.0M | -0.7% |
| Pre-tax earnings | $621M | $537M | $84.0M | +16% |
| Other expense, net | $90.0M | $120M | −$30.0M | -25% |
| Net earnings | $476M | $416M | $60.0M | +14% |
| Income tax | $146M | $122M | $24.0M | +20% |
| Depreciation & amortization | $217M | $187M | $30.0M | +16% |
| Share-based compensation | $11.0M | $2.0M | $9.0M | +450% |
| Working capital & other | $286M | $199M | $87.0M | +44% |
| Operating cash flow | $418M | $406M | $12.0M | +3% |
| Free cash flow (OCF − capex) | $173M | $171M | $2.0M | +1% |
| Capital expenditures | $245M | $235M | $10.0M | +4% |
Questions
How much did Amrize's revenue grow year over year in Q2 2026?
Amrize's revenue rose $276M (+9%) from $3.2B in Q2 2025 to $3.5B in Q2 2026. Gross margin 28.4% against 29.2% (-0.8 pts).