Filing Flows › Community Financial System (CBU) › Q2 2026
Community Financial System (CBU) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Community Financial System (CBU) reported revenue of $223M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +5% from the quarter before. Operating margin was 36.2%, net earnings $61.3M (27.5% of revenue).
Community Financial System, Q2 2026: revenue $223M (+12% year over year), operating margin 36.2%, net earnings $61.3M, operating cash flow $51.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $223M | +5% | +12% |
| Operating profit | $80.8M | +8% | +22% |
| Net earnings | $61.3M | +7% | +19% |
| Operating cash flow | $51.1M | -29% | -5% |
| Free cash flow | $41.4M | -31% | +14% |
What changed
Revenue was $223.2M in Q2 2026, up 12% year over year and up 5% from the previous quarter.
Operating profit was $80.8M, a 36.2% margin (up 3.1 points year over year). Of the extra revenue versus Q2 2025, 62% reached operating profit, above the 33% margin then. Total costs grew 7% against revenue growth of 12%. Net earnings were $61.3M, up 19% year over year. The effective tax rate was 24.1%.
Operating cash flow was $51.1M (down 5% year over year), 83% of net earnings. Non-cash charges added back $10.5M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $23.5M. Capital expenditures of $9.7M left free cash flow of $41.4M.
Questions
What was Community Financial System's revenue in the second quarter 2026?
Community Financial System (CBU) reported revenue of $223M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +5% from the quarter before.
Was Community Financial System profitable in the second quarter 2026?
Operating profit was $80.8M (36.2% of revenue) and net earnings $61.3M.