Filing Flows › Dillard's (DDS) › Q2 FY26
Dillard's (DDS) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 5, 2025
Dillard's (DDS) reported revenue of $1.5B for the second quarter fiscal 2026 (Q2 FY26), +1% from a year earlier and -0.7% from the quarter before. Operating margin was 6.2%, net earnings $72.8M (4.7% of revenue).
Dillard's, Q2 FY26: revenue $1.5B (+1% year over year), operating margin 6.2%, net earnings $72.8M, operating cash flow $86.8M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -0.7% | +1% |
| Gross profit | $555M | -17% | -0.9% |
| Operating profit | $94.6M | -56% | -3% |
| Net earnings | $72.8M | -56% | -2% |
| Operating cash flow | $86.8M | -63% | — |
| Free cash flow | $60.1M | -72% | — |
What changed
Revenue was $1.5B in Q2 FY26, up 1% year over year and down 1% from the previous quarter.
Gross margin was 36.1%, down 0.8 points from a year earlier. Operating profit was $0.09B, a 6.2% margin (down 0.3 points year over year). Operating profit fell $2.5M even though revenue rose $0.02B versus a year earlier, so costs grew faster than sales. Operating expenses fell 1% while revenue rose 1%. Net earnings were $0.07B, down 2% year over year. The effective tax rate was 23.0%.
Operating cash flow was $0.09B, 119% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.03B. Capital expenditures of $0.03B left free cash flow of $0.06B.
Questions
What was Dillard's revenue in the second quarter fiscal 2026?
Dillard's (DDS) reported revenue of $1.5B for the second quarter fiscal 2026 (Q2 FY26), +1% from a year earlier and -0.7% from the quarter before.
Was Dillard's profitable in the second quarter fiscal 2026?
Operating profit was $94.6M (6.2% of revenue) and net earnings $72.8M.
Source: Dillard's 10-Q on SEC EDGAR.