Filing Flows › Gatx (GATX) › Q2 2026 › vs Q2 2025
Gatx (GATX) Q2 2026 vs Q2 2025 (year over year)
Gatx's revenue rose $150M (+35%) from $430M in Q2 2025 to $580M in Q2 2026. The biggest changes: Rail North America +$139M (+47%); Rail International +$9.8M (+10%); Engine Leasing +$800K (+3%). Operating margin 27.7% against 31.9% (-4.2 pts).
Gatx, Q2 2026: revenue $580M (+35% year over year), operating margin 27.7%, net earnings $103M, operating cash flow $276M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 27.7% | 31.9% | -4.2 pts |
| Net margin | 17.8% | 17.5% | +0.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Rail North America | $435M | $296M | $139M | +47% |
| Rail International | $106M | $95.8M | $9.8M | +10% |
| Engine Leasing | $29.4M | $28.6M | $800K | +3% |
| Other | $10.1M | $10.4M | −$300K | -3% |
| Revenue | $580M | $430M | $150M | +35% |
| Operating profit | $160M | $137M | $23.1M | +17% |
| Costs & expenses | $420M | $293M | $126M | +43% |
| Pre-tax earnings | $137M | $96.5M | $40.5M | +42% |
| Other expense, net | $23.4M | $40.8M | −$17.4M | -43% |
| SG&A | $69.2M | $58.2M | $11.0M | +19% |
| Other operating costs | $350M | $235M | $116M | +49% |
| Net earnings | $103M | $75.5M | $27.9M | +37% |
| Minority interests | $7.6M | $0 | $7.6M | — |
| Income tax | $26.0M | $21.0M | $5.0M | +24% |
| Depreciation & amortization | $172M | $112M | $60.3M | +54% |
| Share-based compensation | $6.1M | $5.0M | $1.1M | +22% |
| Working capital & other | $5.6M | $31.2M | −$25.6M | -82% |
| Operating cash flow | $276M | $161M | $115M | +71% |
Questions
How much did Gatx's revenue grow year over year in Q2 2026?
Gatx's revenue rose $150M (+35%) from $430M in Q2 2025 to $580M in Q2 2026.
What drove Gatx's revenue change in Q2 2026?
Rail North America +$139M (+47%); Rail International +$9.8M (+10%); Engine Leasing +$800K (+3%).