Filing Flows › CTS (CTS) › Q2 2026 › vs Q1 2026
CTS (CTS) Q2 2026 vs Q1 2026 (quarter over quarter)
CTS's revenue rose $5.5M (+4%) from $139M in Q1 2026 to $145M in Q2 2026. Gross margin 41.5% against 39.5% (+2.0 pts).
CTS, Q2 2026: revenue $145M (+7% year over year), operating margin 18.5%, net earnings $19.2M, operating cash flow $33.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 41.5% | 39.5% | +2.0 pts |
| Operating margin | 18.5% | 15.8% | +2.7 pts |
| Net margin | 13.2% | 12.4% | +0.9 pts |
| Free cash flow margin | 19.9% | 8.8% | +11.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $145M | $139M | $5.5M | +4% |
| Gross profit | $60.0M | $55.0M | $5.1M | +9% |
| Cost of revenue | $84.7M | $84.2M | $488K | +0.6% |
| Operating profit | $26.8M | $22.0M | $4.8M | +22% |
| Operating expenses | $33.2M | $33.0M | $243K | +0.7% |
| Pre-tax earnings | $26.2M | $21.7M | $4.6M | +21% |
| Other expense, net | $563K | $309K | $254K | +82% |
| Research & development | $4.8M | $6.6M | −$1.9M | -28% |
| SG&A | $28.4M | $26.0M | $2.4M | +9% |
| Net earnings | $19.2M | $17.2M | $2.0M | +11% |
| Income tax | $7.1M | $4.5M | $2.6M | +58% |
| Depreciation & amortization | $8.8M | $8.8M | −$31K | -0.4% |
| Working capital & other | $5.5M | −$8.7M | $14.2M | — |
| Operating cash flow | $33.4M | $17.3M | $16.1M | +93% |
| Free cash flow (OCF − capex) | $28.9M | $12.3M | $16.6M | +135% |
| Capital expenditures | $4.6M | $5.0M | −$417K | -8% |
Questions
How much did CTS's revenue grow quarter over quarter in Q2 2026?
CTS's revenue rose $5.5M (+4%) from $139M in Q1 2026 to $145M in Q2 2026. Gross margin 41.5% against 39.5% (+2.0 pts).