Filing Flows › G III Apparel Group (GIII) › Q2 FY26
G III Apparel Group (GIII) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 5, 2025
G III Apparel Group (GIII) reported revenue of $613M for the second quarter fiscal 2026 (Q2 FY26), -5% from a year earlier and +5% from the quarter before. Operating margin was 2.7%, net earnings $10.9M (1.8% of revenue).
G III Apparel Group, Q2 FY26: revenue $613M (-5% year over year), operating margin 2.7%, net earnings $10.9M, operating cash flow $75.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $613M | +5% | -5% |
| Gross profit | $250M | +2% | -9% |
| Operating profit | $16.3M | +92% | -61% |
| Net earnings | $10.9M | +41% | -55% |
| Operating cash flow | $75.1M | -20% | +52% |
| Free cash flow | $64.7M | -24% | +67% |
What changed
Revenue was $613.3M in Q2 FY26, down 5% year over year and up 5% from the previous quarter.
Gross margin was 40.8%, down 1.9 points from a year earlier. Operating profit was $16.3M, a 2.7% margin (down 3.8 points year over year). Operating expenses fell 0% while revenue fell 5%. The fastest-growing cost line was Other operating costs (+36%). Net earnings were $10.9M, down 55% year over year. The effective tax rate was 31.2%.
Operating cash flow was $75.1M (up 52% year over year), 686% of net earnings. Non-cash charges added back $7.3M of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items added $51.4M. Capital expenditures of $10.3M left free cash flow of $64.7M.
Questions
What was G III Apparel Group's revenue in the second quarter fiscal 2026?
G III Apparel Group (GIII) reported revenue of $613M for the second quarter fiscal 2026 (Q2 FY26), -5% from a year earlier and +5% from the quarter before.
Was G III Apparel Group profitable in the second quarter fiscal 2026?
Operating profit was $16.3M (2.7% of revenue) and net earnings $10.9M.