Filing Flows › Carter's (CRI) › Q2 2026 › vs Q1 2026
Carter's (CRI) Q2 2026 vs Q1 2026 (quarter over quarter)
Carter's's revenue fell $65.6M (-10%) from $681M in Q1 2026 to $615M in Q2 2026. Gross margin 67.0% against 43.1% (+23.9 pts).
Carter's, Q2 2026: revenue $615M (+5% year over year), operating margin 22.7%, net earnings $105M, operating cash flow $196M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 67.0% | 43.1% | +23.9 pts |
| Operating margin | 22.7% | 4.2% | +18.5 pts |
| Net margin | 17.1% | 2.1% | +14.9 pts |
| Free cash flow margin | 30.9% | -0.1% | +31.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $615M | $681M | −$65.6M | -10% |
| Gross profit | $413M | $294M | $119M | +40% |
| Cost of revenue | $203M | $387M | −$184M | -48% |
| Operating profit | $140M | $28.4M | $111M | +392% |
| Operating expenses | $273M | $265M | $7.3M | +3% |
| Pre-tax earnings | $137M | $19.9M | $117M | +588% |
| Other expense, net | $3.2M | $8.6M | −$5.4M | -63% |
| Net earnings | $105M | $14.3M | $90.6M | +632% |
| Income tax | $31.7M | $5.5M | $26.2M | +474% |
| Depreciation & amortization | $12.1M | $12.7M | −$603K | -5% |
| Share-based compensation | $3.7M | $3.7M | $5K | +0.1% |
| Working capital & other | $75.2M | −$24.3M | $99.4M | — |
| Operating cash flow | $196M | $6.4M | $189M | 31× |
| Free cash flow (OCF − capex) | $190M | −$543K | $191M | — |
| Capital expenditures | $5.8M | $7.0M | −$1.1M | -16% |
Questions
How much did Carter's's revenue grow quarter over quarter in Q2 2026?
Carter's's revenue fell $65.6M (-10%) from $681M in Q1 2026 to $615M in Q2 2026. Gross margin 67.0% against 43.1% (+23.9 pts).