Filing Flows › Eastern (EML) › Q2 2026
Eastern (EML) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Eastern (EML) reported revenue of $61.8M for the second quarter 2026 (Q2 2026), -12% from a year earlier and +4% from the quarter before. Operating margin was 2.7%, net earnings $5.6M (9.1% of revenue).
Eastern, Q2 2026: revenue $61.8M (-12% year over year), operating margin 2.7%, net earnings $5.6M, operating cash flow $8.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.8M | +4% | -12% |
| Gross profit | $12.8M | +7% | -22% |
| Operating profit | $1.7M | +25% | -47% |
| Net earnings | $5.6M | +783% | +64% |
| Operating cash flow | $8.6M | +146% | +128% |
| Free cash flow | $7.9M | +204% | +164% |
What changed
Revenue was $61.8M in Q2 2026, down 12% year over year and up 4% from the previous quarter.
Gross margin was 20.6%, down 2.7 points from Q2 2025. Operating profit was $1.7M, a 2.7% margin (down 1.8 points year over year). Operating expenses fell 16% while revenue fell 12%. Net earnings were $5.6M, up 64% year over year. The effective tax rate was 24.7%. Non-operating items added $5.8M, 78% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $8.6M (up 128% year over year), 151% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $330K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $615K left free cash flow of $7.9M.
Questions
What was Eastern's revenue in the second quarter 2026?
Eastern (EML) reported revenue of $61.8M for the second quarter 2026 (Q2 2026), -12% from a year earlier and +4% from the quarter before.
Was Eastern profitable in the second quarter 2026?
Operating profit was $1.7M (2.7% of revenue) and net earnings $5.6M.
Source: Eastern 10-Q on SEC EDGAR.