Filing Flows › Ecolab (ECL) › Q2 2026
Ecolab (ECL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Ecolab (ECL) reported revenue of $4.4B for the second quarter 2026 (Q2 2026), +10% from a year earlier and +9% from the quarter before. Operating margin was 17.2%, net earnings $535M (12.1% of revenue).
Ecolab, Q2 2026: revenue $4.4B (+10% year over year), operating margin 17.2%, net earnings $535M, operating cash flow $730M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | +9% | +10% |
| Operating profit | $758M | +22% | +7% |
| Net earnings | $535M | +24% | +2% |
| Operating cash flow | $730M | +64% | +4% |
| Free cash flow | $489M | +402% | +0.9% |
What changed
Revenue was $4.4B in Q2 2026, up 10% year over year and up 9% from the previous quarter. Global Water was the largest line at 50% of revenue. Global Water added $0.25B year over year (up 12%), 63% of the total change.
Operating profit was $0.76B, a 17.2% margin (down 0.5 points year over year). Of the extra revenue versus Q2 2025, 12% reached operating profit, below the 18% margin then. Total costs grew 10% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+89%). Net earnings were $0.53B, up 2% year over year. The effective tax rate was 22.3%.
Operating cash flow was $0.73B (up 4% year over year), 135% of net earnings. Non-cash charges added back $0.27B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.24B left free cash flow of $0.49B.
Questions
What was Ecolab's revenue in the second quarter 2026?
Ecolab (ECL) reported revenue of $4.4B for the second quarter 2026 (Q2 2026), +10% from a year earlier and +9% from the quarter before.
Was Ecolab profitable in the second quarter 2026?
Operating profit was $758M (17.2% of revenue) and net earnings $535M.
Source: Ecolab 10-Q on SEC EDGAR.