Filing Flows › Compass Minerals International (CMP) › Q2 FY26
Compass Minerals International (CMP) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 7, 2026
Compass Minerals International (CMP) reported revenue of $453M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and +14% from the quarter before. Operating margin was 12.4%, net earnings $12.7M (2.8% of revenue).
Compass Minerals International, Q2 FY26: revenue $453M (-8% year over year), operating margin 12.4%, net earnings $12.7M, operating cash flow $197M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $453M | +14% | -8% |
| Gross profit | $83.0M | +31% | +8% |
| Operating profit | $56.0M | +53% | — |
| Net earnings | $12.7M | -32% | — |
| Operating cash flow | $197M | — | +6% |
| Free cash flow | $179M | — | +4% |
What changed
Revenue was $453.2M in Q2 FY26, down 8% year over year and up 14% from the previous quarter. Highway Deicing Salt was the largest line at 62% of revenue. Highway Deicing Salt lost $45.9M year over year (down 14%), 111% of the total change.
Gross margin was 18.3%, up 2.8 points from Q2 FY25. Operating profit was $56.0M, a 12.4% margin (up 13.0 points year over year). Operating expenses fell 66% while revenue fell 8%. Net earnings were $12.7M. The effective tax rate was 55.7%.
Operating cash flow was $197.4M (up 6% year over year), 1554% of net earnings. Non-cash charges added back $28.2M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $154.3M. Capital expenditures of $18.2M left free cash flow of $179.2M.
Questions
What was Compass Minerals International's revenue in the second quarter fiscal 2026?
Compass Minerals International (CMP) reported revenue of $453M for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and +14% from the quarter before.
Was Compass Minerals International profitable in the second quarter fiscal 2026?
Operating profit was $56.0M (12.4% of revenue) and net earnings $12.7M.