Filing Flows › Global Industrial (GIC) › Q2 2026 › vs Q1 2026
Global Industrial (GIC) Q2 2026 vs Q1 2026 (quarter over quarter)
Global Industrial's revenue rose $36.2M (+10%) from $350M in Q1 2026 to $387M in Q2 2026. Gross margin 40.2% against 34.8% (+5.4 pts).
Global Industrial, Q2 2026: revenue $387M (+8% year over year), operating margin 12.8%, net earnings $37.1M, operating cash flow $41.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 40.2% | 34.8% | +5.4 pts |
| Operating margin | 12.8% | 5.9% | +6.9 pts |
| Net margin | 9.6% | 4.7% | +4.9 pts |
| Free cash flow margin | 10.5% | 1.6% | +8.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $387M | $350M | $36.2M | +10% |
| Gross profit | $155M | $122M | $33.5M | +27% |
| Cost of revenue | $231M | $228M | $2.7M | +1% |
| Operating profit | $49.3M | $20.6M | $28.7M | +139% |
| Operating expenses | $106M | $101M | $4.8M | +5% |
| Pre-tax earnings | $50.3M | $22.0M | $28.3M | +129% |
| Net earnings | $37.1M | $16.6M | $20.5M | +123% |
| Income tax | $13.2M | $5.4M | $7.8M | +144% |
| Depreciation & amortization | $2.0M | $1.9M | $100K | +5% |
| Share-based compensation | $1.7M | $1.4M | $300K | +21% |
| Working capital & other | $600K | −$13.5M | $14.1M | — |
| Operating cash flow | $41.4M | $6.4M | $35.0M | +547% |
| Free cash flow (OCF − capex) | $40.5M | $5.6M | $34.9M | +623% |
| Capital expenditures | $900K | $800K | $100K | +12% |
Questions
How much did Global Industrial's revenue grow quarter over quarter in Q2 2026?
Global Industrial's revenue rose $36.2M (+10%) from $350M in Q1 2026 to $387M in Q2 2026. Gross margin 40.2% against 34.8% (+5.4 pts).