Filing Flows › AZZ (AZZ) › How it makes money
How AZZ (AZZ) makes money
AZZ (AZZ) made $487M of revenue in the second quarter fiscal 2027 (Q2 FY27), +17% from a year earlier. Of every dollar of revenue, 25¢ was left as gross profit, 17¢ was left as operating profit, 12¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 FY27 | % of revenue |
|---|---|---|
| Revenue | $487M | 100.0% |
| Cost of revenue | $365M | 74.9% |
| Gross profit | $122M | 25.1% |
| Operating expenses | $38.3M | 7.9% |
| Operating profit | $83.8M | 17.2% |
| Income tax | $21.3M | 4.4% |
| Net earnings | $58.5M | 12.0% |
| Operating cash flow | $103M | 21.1% |
| Free cash flow | $84.4M | 17.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 FY27 | $487M | +17% |
| Q1 FY27 | $449M | +6% |
| Q4 FY26 | $385M | +9% |
| Q3 FY26 | $426M | +6% |
| Q2 FY26 | $417M | +2% |
| Q1 FY26 | $422M | +2% |
| Q4 FY25 | $352M | -4% |
From AZZ's 10-Q filed Oct 13, 2026 (on EDGAR).
Questions
How does AZZ make money?
AZZ (AZZ) made $487M of revenue in the second quarter fiscal 2027 (Q2 FY27), +17% from a year earlier. Of every dollar of revenue, 25¢ was left as gross profit, 17¢ was left as operating profit, 12¢ was left as net earnings.
What is AZZ's profit margin?
Net earnings were $58.5M, 12.0% of revenue, in the second quarter fiscal 2027; the operating margin was 17.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.