Filing Flows › Acuity (AYI) › Q2 FY26
Acuity (AYI) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Apr 2, 2026
Acuity (AYI) reported revenue of $1.1B for the second quarter fiscal 2026 (Q2 FY26), +5% from a year earlier and -8% from the quarter before. Operating margin was 12.6%, net earnings $96.8M (9.2% of revenue).
Acuity, Q2 FY26: revenue $1.1B (+5% year over year), operating margin 12.6%, net earnings $96.8M, operating cash flow $89.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -8% | +5% |
| Gross profit | $520M | -6% | +11% |
| Operating profit | $133M | -17% | +21% |
| Net earnings | $96.8M | -20% | +25% |
| Operating cash flow | $89.1M | -37% | +50% |
| Free cash flow | $73.3M | -36% | +47% |
What changed
Revenue was $1.1B in Q2 FY26, up 5% year over year and down 8% from the previous quarter.
Gross margin was 49.3%, up 2.8 points from Q2 FY25. Operating profit was $0.13B, a 12.6% margin (up 1.6 points year over year). Of the extra revenue versus Q2 FY25, 46% reached operating profit, above the 11% margin then. Operating expenses grew 8% against revenue growth of 5%. Net earnings were $0.10B, up 25% year over year. The effective tax rate was 21.2%.
Operating cash flow was $0.09B (up 50% year over year), 92% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.02B left free cash flow of $0.07B.
Questions
What was Acuity's revenue in the second quarter fiscal 2026?
Acuity (AYI) reported revenue of $1.1B for the second quarter fiscal 2026 (Q2 FY26), +5% from a year earlier and -8% from the quarter before.
Was Acuity profitable in the second quarter fiscal 2026?
Operating profit was $133M (12.6% of revenue) and net earnings $96.8M.
Source: Acuity 10-Q on SEC EDGAR.