Filing Flows › Cass Information Systems (CASS) › Q2 2026
Cass Information Systems (CASS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Cass Information Systems (CASS) reported revenue of $49.9M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +2% from the quarter before. Operating margin was 26.4%, net earnings $10.6M (21.2% of revenue).
Cass Information Systems, Q2 2026: revenue $49.9M (+12% year over year), operating margin 26.4%, net earnings $10.6M, operating cash flow $16.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.9M | +2% | +12% |
| Operating profit | $13.2M | +20% | +32% |
| Net earnings | $10.6M | +20% | +20% |
| Operating cash flow | $16.9M | +16% | — |
| Free cash flow | $13.8M | +9% | — |
What changed
Revenue was $49.9M in Q2 2026, up 12% year over year and up 2% from the previous quarter. Processing fees was the largest line at 32% of revenue. Financial fees added $790K year over year (up 8%), 14% of the total change. Processing fees declined 4%.
Operating profit was $13.2M, a 26.4% margin (up 3.9 points year over year). Of the extra revenue versus Q2 2025, 58% reached operating profit, above the 22% margin then. Total costs grew 7% against revenue growth of 12%. Net earnings were $10.6M, up 20% year over year. The effective tax rate was 19.7%.
Operating cash flow was $16.9M, 160% of net earnings. Non-cash charges added back $1.8M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $3.1M left free cash flow of $13.8M.
Questions
What was Cass Information Systems' revenue in the second quarter 2026?
Cass Information Systems (CASS) reported revenue of $49.9M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +2% from the quarter before.
Was Cass Information Systems profitable in the second quarter 2026?
Operating profit was $13.2M (26.4% of revenue) and net earnings $10.6M.