Filing Flows › Griffon (GFF) › Q2 FY26 › vs Q1 FY26
Griffon (GFF) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Griffon's revenue fell $227M (-35%) from $649M in Q1 FY26 to $422M in Q2 FY26. Gross margin 45.5% against 41.1% (+4.4 pts).
Griffon, Q2 FY26: revenue $422M (-1% year over year), operating margin 20.7%, net earnings $19.3M, operating cash flow $11.3M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 45.5% | 41.1% | +4.4 pts |
| Operating margin | 20.7% | 17.5% | +3.2 pts |
| Net margin | 4.6% | 9.9% | -5.3 pts |
| Free cash flow margin | 0.3% | 15.3% | -15.0 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $422M | $649M | −$227M | -35% |
| Gross profit | $192M | $267M | −$74.8M | -28% |
| Cost of revenue | $230M | $382M | −$152M | -40% |
| Operating profit | $87.3M | $113M | −$26.0M | -23% |
| Operating expenses | $105M | $153M | −$48.8M | -32% |
| Pre-tax earnings | $37.4M | $90.0M | −$52.6M | -58% |
| Other expense, net | $50.0M | $23.4M | $26.6M | +114% |
| Net earnings | $19.3M | $64.4M | −$45.1M | -70% |
| Income tax | $18.0M | $25.6M | −$7.5M | -29% |
| Operating cash sources | $33.0M | $80.7M | −$47.6M | -59% |
| Depreciation & amortization | $6.4M | $9.8M | −$3.5M | -35% |
| Share-based compensation | $7.3M | $6.4M | $904K | +14% |
| Working capital & other | $21.7M | −$26.3M | $48.0M | — |
| Operating cash flow | $11.3M | $107M | −$95.7M | -89% |
| Free cash flow (OCF − capex) | $1.3M | $99.3M | −$98.0M | -99% |
| Capital expenditures | $10.0M | $7.7M | $2.3M | +30% |
Questions
How much did Griffon's revenue grow quarter over quarter in Q2 FY26?
Griffon's revenue fell $227M (-35%) from $649M in Q1 FY26 to $422M in Q2 FY26. Gross margin 45.5% against 41.1% (+4.4 pts).