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Happen (HAPN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

Happen (HAPN) reported revenue of $263M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +4% from the quarter before. Operating margin was 28.8%, net earnings $58.1M (22.1% of revenue).

Revenue$263M
Year over year+6%
Quarter over quarter+4%
Operating margin28.8%
Net earnings$58.1M

Happen, Q2 2026: revenue $263M (+6% year over year), operating margin 28.8%, net earnings $58.1M, operating cash flow −$573M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$263M+4%+6%
Operating profit$75.7M+12%+40%
Net earnings$58.1M+13%+52%
Operating cash flow−$573M——

What changed

Revenue was $262.9M in Q2 2026, up 6% year over year and up 4% from the previous quarter.

Operating profit was $75.7M, a 28.8% margin (up 7.1 points year over year). Of the extra revenue versus Q2 2025, 150% reached operating profit, above the 22% margin then. Total costs fell 4% while revenue rose 6%. Net earnings were $58.1M, up 52% year over year. The effective tax rate was 23.1%.

Operating cash flow was −$572.9M. Non-cash charges added back $7.0M of share-based compensation. Working capital and other items used $638.0M. Capital expenditures of $28.0M exceeded it, leaving free cash flow of −$600.9M.

Questions

What was Happen's revenue in the second quarter 2026?

Happen (HAPN) reported revenue of $263M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +4% from the quarter before.

Was Happen profitable in the second quarter 2026?

Operating profit was $75.7M (28.8% of revenue) and net earnings $58.1M.

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Source: Happen 10-Q on SEC EDGAR.