Filing Flows › CSW Industrials (CSW) › Q2 FY27
CSW Industrials (CSW) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Oct 29, 2026
CSW Industrials (CSW) reported revenue of $361M for the second quarter fiscal 2027 (Q2 FY27), +31% from a year earlier and +3% from the quarter before. Operating margin was 20.9%, net earnings $47.3M (13.1% of revenue).
CSW Industrials, Q2 FY27: revenue $361M (+30% year over year), operating margin 20.9%, net earnings $47.3M, operating cash flow $95.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $361M | +3% | +31% |
| Gross profit | $152M | -3% | +27% |
| Operating profit | $75.5M | -5% | +33% |
| Net earnings | $47.3M | -5% | +16% |
| Operating cash flow | $95.4M | +26% | +54% |
| Free cash flow | $91.9M | — | +56% |
What changed
Revenue was $361.4M in Q2 FY27, up 31% year over year and up 3% from the previous quarter. Contractor Solutions was the largest line at 78% of revenue. Contractor Solutions added $77.3M year over year (up 37%), 92% of the total change. Engineered Building Solutions declined 11%.
Gross margin was 42.0%, down 1.0 points from Q2 FY26. Operating profit was $75.5M, a 20.9% margin (up 0.4 points year over year). Of the extra revenue versus Q2 FY26, 22% reached operating profit, above the 21% margin then. Operating expenses grew 22% against revenue growth of 31%. Net earnings were $47.3M, up 16% year over year. The effective tax rate was 24.1%.
Operating cash flow was $95.4M (up 54% year over year), 199% of net earnings. Non-cash charges added back $19.6M of depreciation and amortization. Working capital and other items added $27.9M. After capital expenditures ($3.5M), free cash flow as the company reports it was $91.9M.
Questions
What was CSW Industrials' revenue in the second quarter fiscal 2027?
CSW Industrials (CSW) reported revenue of $361M for the second quarter fiscal 2027 (Q2 FY27), +31% from a year earlier and +3% from the quarter before.
Was CSW Industrials profitable in the second quarter fiscal 2027?
Operating profit was $75.5M (20.9% of revenue) and net earnings $47.3M.
Source: CSW Industrials 10-Q on SEC EDGAR.