Filing Flows

Filing Flows › Industrials › Hawkins (HWKN)

Hawkins (HWKN) earnings and revenue breakdown

Latest: Q2 FY27 · 10-Q filed Oct 26, 2026 · Hawkins (HWKN) Q2 FY27 earnings results →

Q2 FY27 Revenue up 12% year over year to $314M · 9¢ of every $1 of revenue kept as net profit · operating margin 13.4%

Hawkins made $314M in Q2 FY27 (+12% Y/Y): Manufactured, blended or repackaged products $201M, Nutrition $35.8M, Bulk products $32.1M. Operating margin 13.4%, net earnings $27.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 26, 2026.

Revenue$314M
Year over year+12%
Operating margin13.4%
Net earnings$27.8M
Operating cash flow$40.3M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $313.8M in Q2 FY27, up 12% year over year and down 1% from the previous quarter. Manufactured, blended or repackaged products was the largest line at 64% of revenue. Manufactured, blended or repackaged products added $19.9M year over year (up 11%), 60% of the total change. Agricultural declined 3%.

Gross margin was 24.4%, up 0.3 points from Q2 FY26. Operating profit was $41.9M, a 13.4% margin (up 1.3 points year over year). Of the extra revenue versus Q2 FY26, 24% reached operating profit, above the 12% margin then. Operating expenses grew 3% against revenue growth of 12%. Net earnings were $27.8M, up 23% year over year. The effective tax rate was 29.7%.

Operating cash flow was $40.3M (up 2% year over year), 145% of net earnings. Non-cash charges added back $14.3M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $3.7M. Capital expenditures of $10.8M left free cash flow of $29.6M.

Quarterly history

Hawkins revenue by quarterHawkins revenue by quarter$245MQ4 FY25$293MQ1 FY26$280MQ2 FY26$244MQ3 FY26$266MQ4 FY26$316MQ1 FY27$314MQ2 FY27
Hawkins net earnings by quarterHawkins net earnings by quarter$16.3MQ4 FY25$29.2MQ1 FY26$22.6MQ2 FY26$14.3MQ3 FY26$15.5MQ4 FY26$28.3MQ1 FY27$27.8MQ2 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 FY2710-QOct 26, 2026$314M+12%13.4%$27.8M$40.3M
Q1 FY2710-QJul 29, 2026$316M+8%12.3%$28.3M$35.2M
Q4 FY2610-KMay 13, 2026$266M+8%8.8%$15.5M$37.7M
Q3 FY2610-QJan 28, 2026$244M+8%9.2%$14.3M$35.6M
Q2 FY2610-QOct 29, 2025$280M+14%12.1%$22.6M$39.5M
Q1 FY2610-QJul 30, 2025$293M+15%14.1%$29.2M$31.5M
Q4 FY2510-KMay 14, 2025$245M+10%10.0%$16.3M$30.8M

Charts

Hawkins: revenue growth, year over year and quarter over quarterHawkins: revenue growth, year over year and quarter over quarterY/YQ/Q+10%Q4 FY25+15%+20%Q1 FY26+14%-4%Q2 FY26+8%-13%Q3 FY26+8%+9%Q4 FY26+8%+19%Q1 FY27+12%-1%Q2 FY27
Latest (Q2 FY27): Y/Y +12%, Q/Q -1%.
Hawkins: where the cash came from (+) and went (−), TTM to Q2 FY27Hawkins: where the cash came from (+) and went (−), TTM to Q2 FY27Operating cash flow$149MCapital spending−$56.3MOther financing−$52.1MBuybacks−$18.6MDividends−$16.1MAcquisitions−$9.8MCash drawn (+) / kept (−)$3.3MOther investing$728K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Hawkins: profit against cash, quarter by quarterHawkins: profit against cash, quarter by quarterNet incomeOperating cash flow$15.0M$21.0MQ3 FY25$16.3M$30.8MQ4 FY25$29.2M$31.5MQ1 FY26$22.6M$39.5MQ2 FY26$14.3M$35.6MQ3 FY26$15.5M$37.7MQ4 FY26$28.3M$35.2MQ1 FY27$27.8M$40.3MQ2 FY27
Latest (Q2 FY27): Net income $27.8M, Operating cash flow $40.3M.
Hawkins: diluted shares by fiscal yearHawkins: diluted shares by fiscal year21MFY2121MFY2221MFY2321MFY2421MFY2521MFY26
-1.9% since FY21: buybacks shrank the count.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Hawkins

We are a leading water treatment and specialty ingredients company that formulates, manufactures, distributes, and blends products for our Water Treatment, Food and Health Sciences, and Industrial Solutions customers. We believe that we create value for our customers through superb service and support, quality products, personalized applications and trustworthy, creative employees. Water Treatment Segment. Our Water Treatment Group specializes in providing chemicals, filtration media and systems, equipment, services and solutions for potable water, municipal and industrial wastewater, industrial process water, mainly non-residential swimming pool water and agricultural water. This group has the resources and flexibility to treat systems ranging in size from a single small well to a multi-million-gallon-per-day facility.

In its own words, from its 10-K, filed May 13, 2026.

Hawkins against its Wholesale-Chemicals & Allied Products peers

The largest companies of the same SEC industry, each at its latest quarter.

CompanyQuarterRevenueY/YOp. margin
HWKN HawkinsQ2 FY27$314M+12%13.4%
ASH AshlandQ4 FY26$498M+4%5.8%

Source: Hawkins 10-Q on SEC EDGAR · CIK 46250 · Wholesale-Chemicals & Allied Products

13F: who owns HWKN and who is buying

Largest holders of HWKN (13F)Largest holders of HWKN (13F)BlackRock$449MVanguard Group$217MKayne Anderson Rudnick Investment…$203MState Street$151MVanguard Capital Management LLC$121MGeode Capital Management, LLC$77.8MVanguard Portfolio Management LLC$77.4MDimensional Fund Advisors LP$73.1MWasatch Advisors LP$42.3MCapital World Investors$40.9M
Funds' net buying of HWKN by quarter (13F)Funds' net buying of HWKN by quarter (13F)$9.6M2024-09$73.1M2024-12$26.1M2025-03−$12.6M2025-06$198M2025-09$102M2025-12−$48.7M2026-03−$16.4M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on HWKN

History

Every quarter: Q2 FY27 results · Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results

Compare HWKN with

中文版：Hawkins（HWKN）财报

Español · Français