Filing Flows › Axalta Coating Systems (AXTA) › Q2 2026
Axalta Coating Systems (AXTA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +7% from the quarter before. Operating margin was 12.4%, net earnings $89.0M (6.6% of revenue).
Axalta Coating Systems, Q2 2026: revenue $1.3B (+3% year over year), operating margin 12.4%, net earnings $89.0M, operating cash flow $152M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +7% | +3% |
| Operating profit | $167M | +14% | -13% |
| Net earnings | $89.0M | -2% | -19% |
| Operating cash flow | $152M | +124% | +7% |
| Free cash flow | $107M | — | +6% |
What changed
Revenue was $1.3B in Q2 2026, up 3% year over year and up 7% from the previous quarter. Performance Coatings was the largest line at 65% of revenue. Performance Coatings added $0.04B year over year (up 4%), 88% of the total change.
Operating profit was $0.17B, a 12.4% margin (down 2.4 points year over year). Operating profit fell $0.03B even though revenue rose $0.04B versus Q2 2025, so costs grew faster than sales. Total costs grew 6% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+86%). Net earnings were $0.09B, down 18% year over year. The effective tax rate was 33.6%.
Operating cash flow was $0.15B (up 7% year over year), 171% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.02B. After purchase of property, plant and equipment, net ($0.04B), free cash flow as the company reports it was $0.11B.
Questions
What was Axalta Coating Systems' revenue in the second quarter 2026?
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +7% from the quarter before.
Was Axalta Coating Systems profitable in the second quarter 2026?
Operating profit was $167M (12.4% of revenue) and net earnings $89.0M.