Filing Flows › Ferguson Enterprises (FERG) › How it makes money
How Ferguson Enterprises (FERG) makes money
Ferguson Enterprises (FERG) made $8.8B of revenue in the second quarter 2026 (Q2 2026), +5% from a year earlier. United States Segment brought in $8.3B (95%); Canada Segment brought in $408M (5%). Of every dollar of revenue, 31¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| United States Segment | $8.3B | 95.3% | +17% | +5% |
| Canada Segment | $408M | 4.7% | +25% | -2% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $8.8B | 100.0% |
| Cost of revenue | $6.0B | 69.0% |
| Gross profit | $2.7B | 31.0% |
| Operating expenses | $1.8B | 20.8% |
| Operating profit | $893M | 10.2% |
| Income tax | $180M | 2.1% |
| Net earnings | $666M | 7.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $8.8B | +5% |
| Q1 2026 | $7.5B | +4% |
| Q3 2025 | $8.2B | +5% |
| Q2 2025 | $8.5B | +7% |
| Q1 2025 | $7.6B | +4% |
| Q1 2025 | $6.9B | +3% |
| Q2 2024 | $7.9B | — |
From Ferguson Enterprises' 10-Q filed Aug 10, 2026 (on EDGAR).
Questions
How does Ferguson Enterprises make money?
Ferguson Enterprises (FERG) made $8.8B of revenue in the second quarter 2026 (Q2 2026), +5% from a year earlier. United States Segment brought in $8.3B (95%); Canada Segment brought in $408M (5%). Of every dollar of revenue, 31¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.
What is Ferguson Enterprises' biggest business?
United States Segment: $8.3B in the second quarter 2026, 95% of revenue, +5% from a year earlier.
What is Ferguson Enterprises' profit margin?
Net earnings were $666M, 7.6% of revenue, in the second quarter 2026; the operating margin was 10.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.