Filing Flows › Designer Brands (DBI) › Q2 FY26
Designer Brands (DBI) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 9, 2025
Designer Brands (DBI) reported revenue of $740M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and +8% from the quarter before. Operating margin was 3.5%, net earnings $10.9M (1.5% of revenue).
Designer Brands, Q2 FY26: revenue $740M (-4% year over year), operating margin 3.5%, net earnings $10.9M, operating cash flow $21.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $740M | +8% | -4% |
| Gross profit | $322M | +10% | -5% |
| Operating profit | $26.1M | — | -9% |
| Net earnings | $10.9M | — | -23% |
| Operating cash flow | $21.4M | — | -48% |
| Free cash flow | $11.9M | — | -57% |
What changed
Revenue was $739.8M in Q2 FY26, down 4% year over year and up 8% from the previous quarter. U.S. Retail was the largest line at 83% of revenue. U.S. Retail lost $30.8M year over year (down 5%), 96% of the total change.
Gross margin was 43.6%, down 0.4 points from a year earlier. Operating profit was $26.1M, a 3.5% margin (down 0.2 points year over year). Operating expenses fell 5% while revenue fell 4%. Net earnings were $10.5M, down 24% year over year. The effective tax rate was 23.9%.
Operating cash flow was $21.4M (down 48% year over year), 197% of net income including minority interests. Non-cash charges added back $14.9M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $10.3M. Capital expenditures of $9.5M left free cash flow of $11.9M.
Questions
What was Designer Brands' revenue in the second quarter fiscal 2026?
Designer Brands (DBI) reported revenue of $740M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and +8% from the quarter before.
Was Designer Brands profitable in the second quarter fiscal 2026?
Operating profit was $26.1M (3.5% of revenue) and net earnings $10.9M.
Source: Designer Brands 10-Q on SEC EDGAR.