Filing Flows › W.W. Grainger (GWW) › Q2 2026 › vs Q2 2025
W.W. Grainger (GWW) Q2 2026 vs Q2 2025 (year over year)
W.W. Grainger's revenue rose $467M (+10%) from $4.6B in Q2 2025 to $5.0B in Q2 2026. Gross margin 39.5% against 38.5% (+1.0 pts).
W.W. Grainger, Q2 2026: revenue $5.0B (+10% year over year), operating margin 16.1%, net earnings $570M, operating cash flow $444M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 39.5% | 38.5% | +1.0 pts |
| Operating margin | 16.1% | 14.9% | +1.2 pts |
| Net margin | 11.4% | 10.6% | +0.8 pts |
| Free cash flow margin | 6.6% | 4.4% | +2.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $5.0B | $4.6B | $467M | +10% |
| Gross profit | $2.0B | $1.8B | $229M | +13% |
| Cost of revenue | $3.0B | $2.8B | $238M | +9% |
| Operating profit | $807M | $678M | $129M | +19% |
| Operating expenses | $1.2B | $1.1B | $100M | +9% |
| Pre-tax earnings | $798M | $661M | $137M | +21% |
| Net earnings | $570M | $482M | $88.0M | +18% |
| Minority interests | $30.0M | $26.0M | $4.0M | +15% |
| Income tax | $198M | $153M | $45.0M | +29% |
| Depreciation & amortization | $66.0M | $64.0M | $2.0M | +3% |
| Share-based compensation | $25.0M | $23.0M | $2.0M | +9% |
| Working capital & other | $217M | $192M | $25.0M | +13% |
| Operating cash flow | $444M | $377M | $67.0M | +18% |
| Free cash flow (OCF − capex) | $333M | $202M | $131M | +65% |
| Capital expenditures | $111M | $175M | −$64.0M | -37% |
Questions
How much did W.W. Grainger's revenue grow year over year in Q2 2026?
W.W. Grainger's revenue rose $467M (+10%) from $4.6B in Q2 2025 to $5.0B in Q2 2026. Gross margin 39.5% against 38.5% (+1.0 pts).