Filing Flows › ESCO Technologies (ESE) › Q2 FY26 › vs Q1 FY26
ESCO Technologies (ESE) Q2 FY26 vs Q1 FY26 (quarter over quarter)
ESCO Technologies's revenue rose $19.7M (+7%) from $290M in Q1 FY26 to $309M in Q2 FY26. The biggest changes: Test +$7.2M (+12%); Aerospace and Defense +$6.5M (+5%); USG +$6.0M (+7%). Operating margin 14.2% against 13.2% (+0.9 pts).
ESCO Technologies, Q2 FY26: revenue $309M (+34% year over year), operating margin 14.2%, net earnings $34.7M, operating cash flow $6.4M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 14.2% | 13.2% | +0.9 pts |
| Net margin | 11.2% | 9.9% | +1.3 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Aerospace and Defense | $150M | $144M | $6.5M | +5% |
| USG | $93.5M | $87.5M | $6.0M | +7% |
| Test | $65.5M | $58.3M | $7.2M | +12% |
| Revenue | $309M | $290M | $19.7M | +7% |
| Other income, net | $1.2M | −$2.9M | $4.1M | — |
| Operating profit | $43.9M | $38.4M | $5.5M | +14% |
| Costs & expenses | $265M | $251M | $14.2M | +6% |
| Pre-tax earnings | $45.0M | $35.5M | $9.6M | +27% |
| Cost of revenue | $178M | $170M | $8.3M | +5% |
| SG&A | $62.8M | $61.2M | $1.6M | +3% |
| Other operating costs | $24.6M | $20.4M | $4.3M | +21% |
| Net earnings | $34.7M | $28.7M | $6.0M | +21% |
| Income tax | $10.3M | $6.8M | $3.5M | +52% |
| Operating cash sources | $64.9M | $58.4M | $6.5M | +11% |
| Depreciation & amortization | $26.8M | $26.5M | $344K | +1% |
| Share-based compensation | $3.3M | $3.2M | $99K | +3% |
| Working capital & other | $58.5M | −$10.4M | $68.9M | — |
| Operating cash flow | $6.4M | $68.9M | −$62.4M | -91% |
| Capital expenditures | $7.2M | $5.9M | $1.3M | +23% |
| Negative free cash flow (OCF − capex) | $811K | −$63.0M | $63.8M | — |
Questions
How much did ESCO Technologies's revenue grow quarter over quarter in Q2 FY26?
ESCO Technologies's revenue rose $19.7M (+7%) from $290M in Q1 FY26 to $309M in Q2 FY26.
What drove ESCO Technologies's revenue change in Q2 FY26?
Test +$7.2M (+12%); Aerospace and Defense +$6.5M (+5%); USG +$6.0M (+7%).