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Ball (BALL) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Ball (BALL) reported revenue of $4.0B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +11% from the quarter before. Operating margin was 7.2%, net earnings $223M (5.6% of revenue).

Revenue$4.0B
Year over year+20%
Quarter over quarter+11%
Operating margin7.2%
Net earnings$223M

Ball, Q2 2026: revenue $4.0B (+20% year over year), operating margin 7.2%, net earnings $223M, operating cash flow $608M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.0B+11%+20%
Operating profit$288M+8%+4%
Net earnings$223M+9%+4%
Operating cash flow$608M—+83%
Free cash flow$467M—+98%

What changed

Revenue was $4.0B in Q2 2026, up 20% year over year and up 11% from the previous quarter.

Operating profit was $0.29B, a 7.2% margin (down 1.1 points year over year). Of the extra revenue versus Q2 2025, 2% reached operating profit, below the 8% margin then. Total costs grew 21% against revenue growth of 20%. The fastest-growing cost line was Cost of revenue (+23%). Net earnings were $0.22B, up 4% year over year. The effective tax rate was 22.6%.

Operating cash flow was $0.61B (up 83% year over year), 273% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization. Working capital and other items added $0.22B. Capital expenditures of $0.14B left free cash flow of $0.47B.

Questions

What was Ball's revenue in the second quarter 2026?

Ball (BALL) reported revenue of $4.0B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +11% from the quarter before.

Was Ball profitable in the second quarter 2026?

Operating profit was $288M (7.2% of revenue) and net earnings $223M.

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Source: Ball 10-Q on SEC EDGAR.