Filing Flows › CTS (CTS) › Q2 2026
CTS (CTS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
CTS (CTS) reported revenue of $145M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +4% from the quarter before. Operating margin was 18.5%, net earnings $19.2M (13.2% of revenue).
CTS, Q2 2026: revenue $145M (+7% year over year), operating margin 18.5%, net earnings $19.2M, operating cash flow $33.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $145M | +4% | +7% |
| Gross profit | $60.0M | +9% | +15% |
| Operating profit | $26.8M | +22% | +18% |
| Net earnings | $19.2M | +11% | +3% |
| Operating cash flow | $33.4M | +93% | +18% |
| Free cash flow | $28.9M | +135% | +15% |
What changed
Revenue was $144.8M in Q2 2026, up 7% year over year and up 4% from the previous quarter.
Gross margin was 41.5%, up 2.7 points from Q2 2025. Operating profit was $26.8M, a 18.5% margin (up 1.7 points year over year). Of the extra revenue versus Q2 2025, 43% reached operating profit, above the 17% margin then. Operating expenses grew 12% against revenue growth of 7%. The fastest-growing cost line was SG&A (+23%). Net earnings were $19.2M, up 3% year over year. The effective tax rate was 27.0%.
Operating cash flow was $33.4M (up 18% year over year), 174% of net earnings. Non-cash charges added back $8.8M of depreciation and amortization. Working capital and other items added $5.5M. Capital expenditures of $4.6M left free cash flow of $28.9M.
Questions
What was CTS' revenue in the second quarter 2026?
CTS (CTS) reported revenue of $145M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +4% from the quarter before.
Was CTS profitable in the second quarter 2026?
Operating profit was $26.8M (18.5% of revenue) and net earnings $19.2M.
Source: CTS 10-Q on SEC EDGAR.