Filing Flows › Goosehead Insurance (GSHD) › Q2 2026
Goosehead Insurance (GSHD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
Goosehead Insurance (GSHD) reported revenue of $113M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +22% from the quarter before. Operating margin was 23.5%, net earnings $10.1M (8.9% of revenue).
Goosehead Insurance, Q2 2026: revenue $113M (+21% year over year), operating margin 23.5%, net earnings $10.1M, operating cash flow $15.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | +22% | +21% |
| Operating profit | $26.6M | +77% | +70% |
| Net earnings | $10.1M | +106% | +95% |
| Operating cash flow | $15.9M | -30% | -45% |
| Free cash flow | $14.4M | -32% | -47% |
What changed
Revenue was $113.4M in Q2 2026, up 21% year over year and up 22% from the previous quarter. Renewal Royalty Fees was the largest line at 46% of revenue. Contingent Commissions added $11.2M year over year (up 250%), 58% of the total change. Other Franchise Revenues declined 56%.
Operating profit was $26.6M, a 23.5% margin (up 6.8 points year over year). Of the extra revenue versus Q2 2025, 56% reached operating profit, above the 17% margin then. Total costs grew 11% against revenue growth of 21%. The fastest-growing cost line was General & admin (+15%). Net earnings were $10.1M, up 95% year over year. The effective tax rate was 19.5%.
Operating cash flow was $15.9M (down 45% year over year), 94% of net income including minority interests. Non-cash charges added back $3.5M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items used $9.4M. Capital expenditures of $1.5M left free cash flow of $14.4M.
Questions
What was Goosehead Insurance's revenue in the second quarter 2026?
Goosehead Insurance (GSHD) reported revenue of $113M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +22% from the quarter before.
Was Goosehead Insurance profitable in the second quarter 2026?
Operating profit was $26.6M (23.5% of revenue) and net earnings $10.1M.