Filing Flows › Cabot (CBT) › Q2 FY26
Cabot (CBT) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 6, 2026
Cabot (CBT) reported revenue of $904M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +6% from the quarter before. Operating margin was 14.3%, net earnings $68.0M (7.5% of revenue).
Cabot, Q2 FY26: revenue $904M (-3% year over year), operating margin 14.3%, net earnings $68.0M, operating cash flow $77.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $904M | +6% | -3% |
| Gross profit | $210M | -0.5% | -13% |
| Operating profit | $129M | 0% | -20% |
| Net earnings | $68.0M | -7% | -28% |
| Operating cash flow | $77.0M | -39% | +5% |
| Free cash flow | $32.0M | — | — |
What changed
Revenue was $904.0M in Q2 FY26, down 3% year over year and up 6% from the previous quarter.
Gross margin was 23.2%, down 2.5 points from Q2 FY25. Operating profit was $129.0M, a 14.3% margin (down 3.0 points year over year). Operating expenses grew 3% against a revenue fall of 3%. Net earnings were $68.0M, down 28% year over year. The effective tax rate was 36.1%.
Operating cash flow was $77.0M (up 5% year over year), 99% of net income including minority interests. Non-cash charges added back $49.0M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $54.0M. After additions to property, plant and equipment ($45.0M), free cash flow as the company reports it was $32.0M.
Questions
What was Cabot's revenue in the second quarter fiscal 2026?
Cabot (CBT) reported revenue of $904M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and +6% from the quarter before.
Was Cabot profitable in the second quarter fiscal 2026?
Operating profit was $129M (14.3% of revenue) and net earnings $68.0M.
Source: Cabot 10-Q on SEC EDGAR.