Filing Flows › Eastman Chemical (EMN) › Q2 2026
Eastman Chemical (EMN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Eastman Chemical (EMN) reported revenue of $2.5B for the second quarter 2026 (Q2 2026), +10% from a year earlier and +15% from the quarter before. Operating margin was 10.2%, net earnings $184M (7.3% of revenue).
Eastman Chemical, Q2 2026: revenue $2.5B (+10% year over year), operating margin 10.2%, net earnings $184M, operating cash flow $224M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | +15% | +10% |
| Gross profit | $560M | +30% | +11% |
| Operating profit | $256M | +88% | +51% |
| Net earnings | $184M | +72% | +31% |
| Operating cash flow | $224M | — | -4% |
| Free cash flow | $124M | — | +49% |
What changed
Revenue was $2.5B in Q2 2026, up 10% year over year and up 15% from the previous quarter.
Gross margin was 22.3%, up 0.2 points from Q2 2025. Operating profit was $0.26B, a 10.2% margin (up 2.8 points year over year). Of the extra revenue versus Q2 2025, 38% reached operating profit, above the 7% margin then. Operating expenses fell 10% while revenue rose 10%. The fastest-growing cost line was SG&A (+18%). Net earnings were $0.18B, up 31% year over year. The effective tax rate was 28.1%.
Operating cash flow was $0.22B (down 4% year over year), 122% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.10B left free cash flow of $0.12B.
Questions
What was Eastman Chemical's revenue in the second quarter 2026?
Eastman Chemical (EMN) reported revenue of $2.5B for the second quarter 2026 (Q2 2026), +10% from a year earlier and +15% from the quarter before.
Was Eastman Chemical profitable in the second quarter 2026?
Operating profit was $256M (10.2% of revenue) and net earnings $184M.
Source: Eastman Chemical 10-Q on SEC EDGAR.