Filing Flows › Pathward Financial (CASH) › Q2 FY26 › vs Q1 FY26
Pathward Financial (CASH) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Pathward Financial's revenue rose $103M (+60%) from $173M in Q1 FY26 to $276M in Q2 FY26. Operating margin 31.6% against 24.6% (+6.9 pts).
Pathward Financial, Q2 FY26: revenue $276M (+0.5% year over year), operating margin 31.6%, net earnings $72.9M, operating cash flow $233M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 31.6% | 24.6% | +6.9 pts |
| Net margin | 26.4% | 20.3% | +6.1 pts |
| Free cash flow margin | 83.5% | 60.1% | +23.4 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $276M | $173M | $103M | +60% |
| Operating profit | $87.2M | $42.7M | $44.6M | +104% |
| Costs & expenses | $189M | $130M | $58.6M | +45% |
| Pre-tax earnings | $87.2M | $42.7M | $44.6M | +104% |
| Net earnings | $72.9M | $35.2M | $37.7M | +107% |
| Minority interests | $151K | $299K | −$148K | -49% |
| Income tax | $14.2M | $7.2M | $7.0M | +97% |
| Depreciation & amortization | $12.7M | $13.4M | −$682K | -5% |
| Share-based compensation | $3.9M | $2.9M | $1.1M | +37% |
| Working capital & other | $143M | $56.9M | $86.5M | +152% |
| Operating cash flow | $233M | $108M | $125M | +115% |
| Free cash flow (OCF − capex) | $231M | $104M | $127M | +122% |
| Capital expenditures | $2.3M | $4.2M | −$1.9M | -46% |
Questions
How much did Pathward Financial's revenue grow quarter over quarter in Q2 FY26?
Pathward Financial's revenue rose $103M (+60%) from $173M in Q1 FY26 to $276M in Q2 FY26. Operating margin 31.6% against 24.6% (+6.9 pts).