Filing Flows › Energizer Holdings (ENR) › Q2 FY26
Energizer Holdings (ENR) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 5, 2026
Energizer Holdings (ENR) reported revenue of $643M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and -17% from the quarter before. Operating margin was 3.4%, net earnings $10.1M (1.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $643M | -17% | -3% |
| Gross profit | $259M | +0.9% | -0.1% |
| Operating profit | $21.7M | — | -40% |
| Net earnings | $10.1M | — | -64% |
| Operating cash flow | −$1.7M | -101% | — |
What changed
Revenue was $643.3M in Q2 FY26, down 3% year over year and down 17% from the previous quarter. Batteries was the largest line at 71% of revenue. Batteries lost $14.5M year over year (down 3%), 74% of the total change.
Gross margin was 40.2%, up 1.2 points from Q2 FY25. Operating profit was $21.7M, a 3.4% margin (down 2.1 points year over year). Operating expenses grew 7% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $10.1M, down 64% year over year. The effective tax rate was 53.5%.
Operating cash flow was −$1.7M. Non-cash charges added back $31.1M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items used $50.2M. Capital expenditures of $17.7M exceeded it, leaving free cash flow of −$19.4M.
Questions
What was Energizer Holdings' revenue in the second quarter fiscal 2026?
Energizer Holdings (ENR) reported revenue of $643M for the second quarter fiscal 2026 (Q2 FY26), -3% from a year earlier and -17% from the quarter before.
Was Energizer Holdings profitable in the second quarter fiscal 2026?
Operating profit was $21.7M (3.4% of revenue) and net earnings $10.1M.
Source: Energizer Holdings 10-Q on SEC EDGAR.