Filing Flows › Amcon Distributing (DIT) › Q2 FY26
Amcon Distributing (DIT) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Apr 20, 2026
Amcon Distributing (DIT) reported revenue of $716M for the second quarter fiscal 2026 (Q2 FY26), +16% from a year earlier and -2% from the quarter before. Operating margin was -0.1%, net loss $2.2M (0.3% of revenue).
Amcon Distributing, Q2 FY26: revenue $716M (+16% year over year), operating margin -0.1%, net loss $2.2M, operating cash flow $13.7M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $716M | -2% | +16% |
| Operating profit | −$385K | -110% | -183% |
| Net earnings | −$2.2M | -374% | — |
| Operating cash flow | $13.7M | — | -60% |
| Free cash flow | $5.1M | — | -84% |
What changed
Revenue was $715.7M in Q2 FY26, up 16% year over year and down 2% from the previous quarter. Cigarettes was the largest line at 64% of revenue. Cigarettes added $85.5M year over year (up 23%), 89% of the total change. Foodservice & other declined 2%.
Gross margin was 6.1%, down 0.9 points from Q2 FY25. Operating costs exceeded revenue by $385K, an operating margin of -0.1%. Operating expenses grew 3% against revenue growth of 16%. The quarter ended with a net loss of $2.2M, after a profit of $793K the previous quarter. Net interest and other expense of $2.2M was the main reason.
Operating cash flow was $13.7M (down 60% year over year). Non-cash charges added back $2.5M of depreciation and amortization and $549K of share-based compensation. Working capital and other items added $12.8M. Capital expenditures of $8.7M left free cash flow of $5.1M.
Questions
What was Amcon Distributing's revenue in the second quarter fiscal 2026?
Amcon Distributing (DIT) reported revenue of $716M for the second quarter fiscal 2026 (Q2 FY26), +16% from a year earlier and -2% from the quarter before.
Was Amcon Distributing profitable in the second quarter fiscal 2026?
Operating loss was $385K (-0.1% of revenue) and net loss $2.2M.
Source: Amcon Distributing 10-Q on SEC EDGAR.