Filing Flows › HMH Holding (HMH) › Q2 2026 › vs Q2 2025
HMH Holding (HMH) Q2 2026 vs Q2 2025 (year over year)
HMH Holding's revenue fell $32.6M (-16%) from $203M in Q2 2025 to $171M in Q2 2026. The biggest changes: Product revenue −$38.4M (-65%); Spare parts revenue +$9.0M (+17%); Service revenue −$3.3M (-4%).
HMH Holding, Q2 2026: revenue $171M (-16% year over year), operating margin -2.8%, net loss $5.0M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Sale of products | $10.5M | $25.8M | −$15.3M | -59% |
| Project and other manufacturing contracts revenue | $10.1M | $33.1M | −$23.0M | -70% |
| Product revenue | $20.6M | $59.0M | −$38.4M | -65% |
| Service revenue | $89.1M | $92.3M | −$3.3M | -4% |
| Spare parts revenue | $61.2M | $52.2M | $9.0M | +17% |
| Revenue | $171M | $203M | −$32.6M | -16% |
| Income tax benefit | $4.5M | −$5.2M | $9.7M | — |
| Net loss | $5.0M | −$9.8M | $14.8M | — |
| Costs & expenses | $180M | $203M | −$23.1M | -11% |
| Operating costs | $176M | $183M | −$7.1M | -4% |
| Interest & other, net | $4.7M | $5.8M | −$1.1M | -19% |
| Cost of revenue | $110M | $152M | −$42.0M | -28% |
| Research & development | $771K | $649K | $122K | +19% |
| SG&A | $60.4M | $29.4M | $30.9M | +105% |
| Other operating costs | $5.0M | $1.1M | $3.9M | +367% |
Questions
How much did HMH Holding's revenue grow year over year in Q2 2026?
HMH Holding's revenue fell $32.6M (-16%) from $203M in Q2 2025 to $171M in Q2 2026.
What drove HMH Holding's revenue change in Q2 2026?
Product revenue −$38.4M (-65%); Spare parts revenue +$9.0M (+17%); Service revenue −$3.3M (-4%).