Filing Flows › Atmos Energy (ATO) › Q2 FY26
Atmos Energy (ATO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 6, 2026
Atmos Energy (ATO) reported revenue of $2.0B for the second quarter fiscal 2026 (Q2 FY26), +0.6% from a year earlier and +46% from the quarter before. Operating margin was 39.0%, net earnings $582M (29.7% of revenue).
Atmos Energy, Q2 FY26: revenue $2.0B (+0.6% year over year), operating margin 39.0%, net earnings $582M, operating cash flow $723M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +46% | +0.6% |
| Operating profit | $765M | +49% | +22% |
| Net earnings | $582M | +44% | +20% |
| Operating cash flow | $723M | +135% | -22% |
What changed
Revenue was $2.0B in Q2 FY26, up 1% year over year and up 46% from the previous quarter. Distribution segment was the largest line at 96% of revenue. Pipeline and storage segment added $0.02B year over year (up 24%), 141% of the total change.
Operating profit was $0.76B, a 39.0% margin (up 6.7 points year over year). Of the extra revenue versus Q2 FY25, 1142% reached operating profit, above the 32% margin then. Total costs fell 9% while revenue rose 1%. Net earnings were $0.58B, up 20% year over year. The effective tax rate was 20.7%.
Operating cash flow was $0.72B (down 22% year over year), 124% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization. Working capital and other items used $0.05B. Capital expenditures of $1.0B exceeded it, leaving free cash flow of −$0.28B.
Questions
What was Atmos Energy's revenue in the second quarter fiscal 2026?
Atmos Energy (ATO) reported revenue of $2.0B for the second quarter fiscal 2026 (Q2 FY26), +0.6% from a year earlier and +46% from the quarter before.
Was Atmos Energy profitable in the second quarter fiscal 2026?
Operating profit was $765M (39.0% of revenue) and net earnings $582M.
Source: Atmos Energy 10-Q on SEC EDGAR.