Filing Flows › Enerpac Tool Group (EPAC) › Q2 FY26
Enerpac Tool Group (EPAC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Mar 27, 2026
Enerpac Tool Group (EPAC) reported revenue of $155M for the second quarter fiscal 2026 (Q2 FY26), +6% from a year earlier and +7% from the quarter before. Operating margin was 16.2%, net earnings $16.3M (10.5% of revenue).
Enerpac Tool Group, Q2 FY26: revenue $155M (+6% year over year), operating margin 16.2%, net earnings $16.3M, operating cash flow $13.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | +7% | +6% |
| Gross profit | $71.8M | -2% | -2% |
| Operating profit | $25.0M | -12% | -19% |
| Net earnings | $16.3M | -15% | -22% |
| Operating cash flow | $13.1M | -18% | +75% |
| Free cash flow | $10.0M | -25% | +456% |
What changed
Revenue was $154.8M in Q2 FY26, up 6% year over year and up 7% from the previous quarter. Industrial Tools & Services was the largest line at 96% of revenue. Industrial Tools & Services added $8.0M year over year (up 6%), 86% of the total change.
Gross margin was 46.4%, down 4.1 points from Q2 FY25. Operating profit was $25.0M, a 16.2% margin (down 5.0 points year over year). Operating profit fell $5.8M even though revenue rose $9.3M versus Q2 FY25, so costs grew faster than sales. Operating expenses grew 10% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+300%). Net earnings were $16.3M, down 22% year over year. The effective tax rate was 26.3%.
Operating cash flow was $13.1M (up 75% year over year), 80% of net earnings. Non-cash charges added back $4.3M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $10.5M. Capital expenditures of $3.1M left free cash flow of $10.0M.
Questions
What was Enerpac Tool Group's revenue in the second quarter fiscal 2026?
Enerpac Tool Group (EPAC) reported revenue of $155M for the second quarter fiscal 2026 (Q2 FY26), +6% from a year earlier and +7% from the quarter before.
Was Enerpac Tool Group profitable in the second quarter fiscal 2026?
Operating profit was $25.0M (16.2% of revenue) and net earnings $16.3M.
Source: Enerpac Tool Group 10-Q on SEC EDGAR.