Filing Flows › DT Midstream (DTM) › Q2 2026 › vs Q1 2026
DT Midstream (DTM) Q2 2026 vs Q1 2026 (quarter over quarter)
DT Midstream's revenue rose $7.0M (+2%) from $336M in Q1 2026 to $343M in Q2 2026. Operating margin 50.4% against 49.4% (+1.0 pts).
DT Midstream, Q2 2026: revenue $343M (+11% year over year), operating margin 50.4%, net earnings $112M, operating cash flow $222M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 50.4% | 49.4% | +1.0 pts |
| Net margin | 32.7% | 38.7% | -6.0 pts |
| Free cash flow margin | 34.1% | 60.1% | -26.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $343M | $336M | $7.0M | +2% |
| Operating profit | $173M | $166M | $7.0M | +4% |
| Costs & expenses | $170M | $170M | $0 | 0% |
| Pre-tax earnings | $169M | $170M | −$1.0M | -0.6% |
| Other expense, net | $4.0M | −$4.0M | $8.0M | — |
| Net earnings | $112M | $130M | −$18.0M | -14% |
| Minority interests | $4.0M | $4.0M | $0 | 0% |
| Income tax | $53.0M | $36.0M | $17.0M | +47% |
| Depreciation & amortization | $68.0M | $69.0M | −$1.0M | -1% |
| Share-based compensation | $6.0M | $6.0M | $0 | 0% |
| Working capital & other | $36.0M | $75.0M | −$39.0M | -52% |
| Operating cash flow | $222M | $280M | −$58.0M | -21% |
| Free cash flow (OCF − capex) | $117M | $202M | −$85.0M | -42% |
| Capital expenditures | $105M | $78.0M | $27.0M | +35% |
Questions
How much did DT Midstream's revenue grow quarter over quarter in Q2 2026?
DT Midstream's revenue rose $7.0M (+2%) from $336M in Q1 2026 to $343M in Q2 2026. Operating margin 50.4% against 49.4% (+1.0 pts).