Filing Flows › Culp (CULP) › Q2 2026
Culp (CULP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Sep 11, 2026
Culp (CULP) reported revenue of $54.0M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +5% from the quarter before. Operating margin was 12.4%, net earnings $6.0M (11.1% of revenue).
Culp, Q2 2026: revenue $54.0M (+6% year over year), operating margin 12.4%, net earnings $6.0M, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.0M | +5% | +6% |
| Gross profit | $15.4M | +125% | +113% |
| Operating profit | $6.7M | — | +312% |
| Net earnings | $6.0M | — | — |
| Operating cash flow | $8.1M | — | — |
| Free cash flow | $7.8M | — | — |
What changed
Revenue was $54.0M in Q2 2026, up 6% year over year and up 5% from the previous quarter. Bedding Fabrics was the largest line at 59% of revenue. Bedding Fabrics added $3.7M year over year (up 13%), 113% of the total change. Upholstery declined 2%.
Gross margin was 28.5%, up 14.2 points from Q2 2025. Operating profit was $6.7M, a 12.4% margin (up 9.2 points year over year). Of the extra revenue versus Q2 2025, 154% reached operating profit, above the 3% margin then. Operating expenses grew 55% against revenue growth of 6%. Net earnings were $6.0M. The effective tax rate was 12.7%.
Operating cash flow was $8.1M, 135% of net earnings. Non-cash charges added back $911K of depreciation and $150K of share-based compensation. Working capital and other items added $1.1M. After minus: Capital expenditures ($314K), free cash flow as the company reports it was $7.8M.
Questions
What was Culp's revenue in the second quarter 2026?
Culp (CULP) reported revenue of $54.0M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +5% from the quarter before.
Was Culp profitable in the second quarter 2026?
Operating profit was $6.7M (12.4% of revenue) and net earnings $6.0M.
Source: Culp 10-Q on SEC EDGAR.