Filing Flows › Andersen Group (ANDG) › Q2 2026
Andersen Group (ANDG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Andersen Group (ANDG) reported revenue of $218M for the second quarter 2026 (Q2 2026), +24% from a year earlier and -10% from the quarter before. Operating margin was -4.1%, net loss $10.1M (4.6% of revenue).
Andersen Group, Q2 2026: revenue $218M (+24% year over year), operating margin -4.1%, net loss $10.1M, operating cash flow $69.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $218M | -10% | +24% |
| Operating profit | −$8.9M | -137% | — |
| Net earnings | −$10.1M | -2143% | — |
| Operating cash flow | $69.7M | — | +38% |
| Free cash flow | $60.6M | — | +24% |
What changed
Revenue was $217.7M in Q2 2026, up 24% year over year and down 10% from the previous quarter. Private Client Services was the largest line at 47% of revenue. Business Tax Services added $23.0M year over year (up 37%), 55% of the total change.
Operating costs exceeded revenue by $8.9M, an operating margin of -4.1%. Total costs fell 19% while revenue rose 24%. The fastest-growing cost line was Other operating costs (+24%). The quarter ended with a net loss of $10.1M, after a profit of $17.7M the previous quarter. Minority interests bore $9.1M of it: to shareholders the quarter was a loss of $1.0M.
Operating cash flow was $69.7M (up 38% year over year). Non-cash charges added back $2.5M of depreciation and amortization and $48.3M of share-based compensation. Working capital and other items added $29.0M. Capital expenditures of $9.1M left free cash flow of $60.6M.
Questions
What was Andersen Group's revenue in the second quarter 2026?
Andersen Group (ANDG) reported revenue of $218M for the second quarter 2026 (Q2 2026), +24% from a year earlier and -10% from the quarter before.
Was Andersen Group profitable in the second quarter 2026?
Operating loss was $8.9M (-4.1% of revenue) and net loss $10.1M.
Source: Andersen Group 10-Q on SEC EDGAR.