Filing Flows › Gatx (GATX) › Q2 2026
Gatx (GATX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Gatx (GATX) reported revenue of $580M for the second quarter 2026 (Q2 2026), +35% from a year earlier and -0.6% from the quarter before. Operating margin was 27.7%, net earnings $103M (17.8% of revenue).
Gatx, Q2 2026: revenue $580M (+35% year over year), operating margin 27.7%, net earnings $103M, operating cash flow $276M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $580M | -0.6% | +35% |
| Operating profit | $160M | -7% | +17% |
| Net earnings | $103M | +21% | +37% |
| Operating cash flow | $276M | +39% | +71% |
What changed
Revenue was $580.1M in Q2 2026, up 35% year over year and down 1% from the previous quarter. Rail North America was the largest line at 75% of revenue. Rail North America added $139.3M year over year (up 47%), 93% of the total change. Other declined 3%.
Operating profit was $160.4M, a 27.7% margin (down 4.2 points year over year). Of the extra revenue versus Q2 2025, 15% reached operating profit, below the 32% margin then. Total costs grew 43% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+49%). Net earnings were $103.4M, up 37% year over year. The effective tax rate was 19.0%.
Operating cash flow was $276.2M (up 71% year over year), 249% of net income including minority interests. Non-cash charges added back $172.3M of depreciation and amortization and $6.1M of share-based compensation.
Questions
What was Gatx's revenue in the second quarter 2026?
Gatx (GATX) reported revenue of $580M for the second quarter 2026 (Q2 2026), +35% from a year earlier and -0.6% from the quarter before.
Was Gatx profitable in the second quarter 2026?
Operating profit was $160M (27.7% of revenue) and net earnings $103M.
Source: Gatx 10-Q on SEC EDGAR.