Filing Flows › Energizer Holdings (ENR) › Q2 FY26 › vs Q1 FY26
Energizer Holdings (ENR) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Energizer Holdings's revenue fell $136M (-17%) from $779M in Q1 FY26 to $643M in Q2 FY26. The biggest changes: Batteries −$211M (-32%); Auto Care +$76.4M (+82%); Lights −$1.1M (-6%). Gross margin 40.2% against 32.9% (+7.3 pts).
Energizer Holdings, Q2 FY26: revenue $643M (-3% year over year), operating margin 3.4%, net earnings $10.1M, operating cash flow −$1.7M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 40.2% | 32.9% | +7.3 pts |
| Operating margin | 3.4% | -0.6% | +4.0 pts |
| Net margin | 1.6% | -0.4% | +2.0 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Batteries | $456M | $666M | −$211M | -32% |
| Auto Care | $170M | $93.7M | $76.4M | +82% |
| Lights | $17.6M | $18.7M | −$1.1M | -6% |
| Revenue | $643M | $779M | −$136M | -17% |
| Gross profit | $259M | $257M | $2.2M | +0.9% |
| Cost of revenue | $384M | $522M | −$138M | -26% |
| Operating profit | $21.7M | −$4.8M | $26.5M | — |
| Operating expenses | $237M | $261M | −$24.3M | -9% |
| Pre-tax earnings | $21.7M | −$4.8M | $26.5M | — |
| Research & development | $7.6M | $7.8M | −$200K | -3% |
| SG&A | $133M | $149M | −$16.2M | -11% |
| Other operating costs | $96.4M | $104M | −$7.9M | -8% |
| Net earnings | $10.1M | −$3.4M | $13.5M | — |
| Income tax | $11.6M | −$1.4M | $13.0M | — |
| Operating cash sources | $50.2M | −$113M | $163M | — |
| Depreciation & amortization | $31.1M | $31.6M | −$500K | -2% |
| Share-based compensation | $7.3M | $8.7M | −$1.4M | -16% |
| Cash used in operations | $1.7M | −$150M | $151M | — |
| Working capital & other | $50.2M | −$113M | $163M | — |
Questions
How much did Energizer Holdings's revenue grow quarter over quarter in Q2 FY26?
Energizer Holdings's revenue fell $136M (-17%) from $779M in Q1 FY26 to $643M in Q2 FY26.
What drove Energizer Holdings's revenue change in Q2 FY26?
Batteries −$211M (-32%); Auto Care +$76.4M (+82%); Lights −$1.1M (-6%).