Filing Flows › AZZ (AZZ) › Q2 FY26
AZZ (AZZ) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Oct 8, 2025
AZZ (AZZ) reported revenue of $417M for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and -1% from the quarter before. Operating margin was 16.4%, net earnings $89.3M (21.4% of revenue).
AZZ, Q2 FY26: revenue $417M (+2% year over year), operating margin 16.4%, net earnings $89.3M, operating cash flow $58.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $417M | -1% | +2% |
| Gross profit | $101M | -3% | -2% |
| Operating profit | $68.5M | -2% | +1% |
| Net earnings | $89.3M | -48% | +152% |
| Operating cash flow | $58.4M | -81% | +23% |
| Free cash flow | $39.1M | -87% | +154% |
What changed
Revenue was $417.3M in Q2 FY26, up 2% year over year and down 1% from the previous quarter.
Gross margin was 24.3%, down 1.0 points from a year earlier. Operating profit was $68.5M, a 16.4% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, below the 17% margin then. Operating expenses fell 8% while revenue rose 2%. Net earnings were $89.3M, up 152% year over year. The effective tax rate was 21.9%. Non-operating items added $45.9M, 40% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $58.4M (up 23% year over year), 65% of net earnings. Non-cash charges added back $22.4M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items used $57.7M. Capital expenditures of $19.3M left free cash flow of $39.1M.
Questions
What was AZZ's revenue in the second quarter fiscal 2026?
AZZ (AZZ) reported revenue of $417M for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and -1% from the quarter before.
Was AZZ profitable in the second quarter fiscal 2026?
Operating profit was $68.5M (16.4% of revenue) and net earnings $89.3M.
Source: AZZ 10-Q on SEC EDGAR.