Filing Flows › ESCO Technologies (ESE) › Q2 FY26 › vs Q2 FY25
ESCO Technologies (ESE) Q2 FY26 vs Q2 FY25 (year over year)
ESCO Technologies's revenue rose $77.6M (+33%) from $232M in Q2 FY25 to $309M in Q2 FY26. The biggest changes: Aerospace and Defense +$60.7M (+68%); Test +$14.1M (+27%); USG +$2.8M (+3%). Operating margin 14.2% against 14.9% (-0.7 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 Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Operating margin | 14.2% | 14.9% | -0.7 pts |
| Net margin | 11.2% | 13.4% | -2.2 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Aerospace and Defense | $150M | $89.6M | $60.7M | +68% |
| USG | $93.5M | $90.8M | $2.8M | +3% |
| Test | $65.5M | $51.4M | $14.1M | +27% |
| Revenue | $309M | $232M | $77.6M | +33% |
| Other income, net | $1.2M | $4.7M | −$3.5M | -75% |
| Operating profit | $43.9M | $34.4M | $9.4M | +27% |
| Costs & expenses | $265M | $197M | $68.1M | +35% |
| Pre-tax earnings | $45.0M | $39.1M | $6.0M | +15% |
| Cost of revenue | $178M | $133M | $45.5M | +34% |
| SG&A | $62.8M | $54.3M | $8.5M | +16% |
| Other operating costs | $24.6M | $10.6M | $14.1M | +133% |
| Net earnings | $34.7M | $31.0M | $3.7M | +12% |
| Income tax | $10.3M | $8.0M | $2.3M | +28% |
| Operating cash sources | $64.9M | $46.9M | $18.0M | +38% |
| Depreciation & amortization | $26.8M | $13.1M | $13.8M | +105% |
| Share-based compensation | $3.3M | $2.8M | $533K | +19% |
| Working capital & other | $58.5M | $22.8M | $35.7M | +156% |
| Operating cash flow | $6.4M | $24.1M | −$17.7M | -73% |
| Capital expenditures | $7.2M | $9.7M | −$2.5M | -26% |
| Negative free cash flow (OCF − capex) | $811K | −$14.4M | $15.2M | — |
Questions
How much did ESCO Technologies's revenue grow year over year in Q2 FY26?
ESCO Technologies's revenue rose $77.6M (+33%) from $232M in Q2 FY25 to $309M in Q2 FY26.
What drove ESCO Technologies's revenue change in Q2 FY26?
Aerospace and Defense +$60.7M (+68%); Test +$14.1M (+27%); USG +$2.8M (+3%).