Filing Flows › Hawkins (HWKN) › Q2 FY26
Hawkins (HWKN) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Oct 29, 2025
Hawkins (HWKN) reported revenue of $280M for the second quarter fiscal 2026 (Q2 FY26), +14% from a year earlier and -4% from the quarter before. Operating margin was 12.1%, net earnings $22.6M (8.1% of revenue).
Hawkins, Q2 FY26: revenue $280M (+14% year over year), operating margin 12.1%, net earnings $22.6M, operating cash flow $39.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $280M | -4% | +14% |
| Gross profit | $67.6M | -7% | +12% |
| Operating profit | $33.9M | -18% | +0.6% |
| Net earnings | $22.6M | -23% | -6% |
| Operating cash flow | $39.5M | +26% | -5% |
| Free cash flow | $28.7M | +60% | -7% |
What changed
Revenue was $280.4M in Q2 FY26, up 14% year over year and down 4% from the previous quarter. Manufactured, blended or repackaged products was the largest line at 65% of revenue. Manufactured, blended or repackaged products added $28.7M year over year (up 19%), 86% of the total change. Food declined 5%.
Gross margin was 24.1%, down 0.3 points from a year earlier. Operating profit was $33.9M, a 12.1% margin (down 1.6 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 14% margin then. Operating expenses grew 27% against revenue growth of 14%. Net earnings were $22.6M, down 6% year over year. The effective tax rate was 26.7%.
Operating cash flow was $39.5M (down 5% year over year), 175% of net earnings. Non-cash charges added back $13.3M of depreciation and amortization and $2.4M of share-based compensation. Capital expenditures of $10.8M left free cash flow of $28.7M.
Questions
What was Hawkins' revenue in the second quarter fiscal 2026?
Hawkins (HWKN) reported revenue of $280M for the second quarter fiscal 2026 (Q2 FY26), +14% from a year earlier and -4% from the quarter before.
Was Hawkins profitable in the second quarter fiscal 2026?
Operating profit was $33.9M (12.1% of revenue) and net earnings $22.6M.
Source: Hawkins 10-Q on SEC EDGAR.