Filing Flows › Citizens Financial Services (CZFS) › Q2 2026
Citizens Financial Services (CZFS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Citizens Financial Services (CZFS) reported revenue of $29.7M for the second quarter 2026 (Q2 2026), +9% from a year earlier and -0.3% from the quarter before. Operating margin was 41.5%, net earnings $10.2M (34.3% of revenue).
Citizens Financial Services, Q2 2026: revenue $29.7M (+9% year over year), operating margin 41.5%, net earnings $10.2M, operating cash flow −$89K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.7M | -0.3% | +9% |
| Operating profit | $12.3M | -3% | +18% |
| Net earnings | $10.2M | -2% | +20% |
| Operating cash flow | −$89K | -100% | -101% |
What changed
Revenue was $29.7M in Q2 2026, up 9% year over year and roughly flat from the previous quarter.
Operating profit was $12.3M, a 41.5% margin (up 3.4 points year over year). Of the extra revenue versus Q2 2025, 80% reached operating profit, above the 38% margin then. Total costs grew 3% against revenue growth of 9%. Net earnings were $10.2M, up 20% year over year. The effective tax rate was 17.5%.
Operating cash flow was −$89K. Non-cash charges added back $444K of depreciation and amortization. Working capital and other items used $10.7M. Capital expenditures of $287K exceeded it, leaving free cash flow of −$376K.
Questions
What was Citizens Financial Services' revenue in the second quarter 2026?
Citizens Financial Services (CZFS) reported revenue of $29.7M for the second quarter 2026 (Q2 2026), +9% from a year earlier and -0.3% from the quarter before.
Was Citizens Financial Services profitable in the second quarter 2026?
Operating profit was $12.3M (41.5% of revenue) and net earnings $10.2M.