Filing Flows › American Vanguard (AVD) › Q2 2026
American Vanguard (AVD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
American Vanguard (AVD) reported revenue of $117M for the second quarter 2026 (Q2 2026), -10% from a year earlier and -6% from the quarter before. Operating margin was -0.3%, net loss $9.9M (8.5% of revenue).
American Vanguard, Q2 2026: revenue $117M (-10% year over year), operating margin -0.3%, net loss $9.9M, operating cash flow −$25.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $117M | -6% | -10% |
| Operating profit | −$303K | -116% | -107% |
| Net earnings | −$9.9M | — | — |
| Operating cash flow | −$25.0M | — | — |
What changed
Revenue was $116.8M in Q2 2026, down 10% year over year and down 6% from the previous quarter.
Gross margin was 29.7%, down 1.6 points from Q2 2025. Operating costs exceeded revenue by $303K, an operating margin of -0.3%. Operating expenses fell 3% while revenue fell 10%. The fastest-growing cost line was Research & development (+12%). The quarter ended with a net loss of $9.9M, wider than the previous quarter's $4.1M loss. Net interest and other expense of $9.2M was the main reason.
Operating cash flow was −$25.0M. Non-cash charges added back $4.3M of depreciation and amortization and $388K of share-based compensation. Working capital and other items used $19.9M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$26.4M.
Questions
What was American Vanguard's revenue in the second quarter 2026?
American Vanguard (AVD) reported revenue of $117M for the second quarter 2026 (Q2 2026), -10% from a year earlier and -6% from the quarter before.
Was American Vanguard profitable in the second quarter 2026?
Operating loss was $303K (-0.3% of revenue) and net loss $9.9M.
Source: American Vanguard 10-Q on SEC EDGAR.