Filing Flows › Hawkins (HWKN) › Q2 FY27 › vs Q1 FY27
Hawkins (HWKN) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Hawkins's revenue fell $1.9M (-0.6%) from $316M in Q1 FY27 to $314M in Q2 FY27. The biggest changes: Agricultural −$20.5M (-73%); Manufactured, blended or repackaged products +$15.0M (+8%); Bulk products +$3.2M (+11%). Gross margin 24.4% against 23.4% (+1.0 pts).
Hawkins, Q2 FY27: revenue $314M (+12% year over year), operating margin 13.4%, net earnings $27.8M, operating cash flow $40.3M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 24.4% | 23.4% | +1.0 pts |
| Operating margin | 13.4% | 12.3% | +1.1 pts |
| Net margin | 8.9% | 9.0% | -0.1 pts |
| Free cash flow margin | 9.4% | 7.5% | +2.0 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Manufactured, blended or repackaged products | $201M | $186M | $15.0M | +8% |
| Nutrition | $35.8M | $37.1M | −$1.2M | -3% |
| Bulk products | $32.1M | $28.9M | $3.2M | +11% |
| Food | $25.3M | $24.3M | $980K | +4% |
| Agricultural | $7.4M | $27.9M | −$20.5M | -73% |
| Pharmaceutical | $7.1M | $7.0M | $89K | +1% |
| Other | $5.2M | $4.6M | $605K | +13% |
| Revenue | $314M | $316M | −$1.9M | -0.6% |
| Gross profit | $76.6M | $74.0M | $2.6M | +4% |
| Cost of revenue | $237M | $242M | −$4.5M | -2% |
| Operating profit | $41.9M | $38.7M | $3.2M | +8% |
| Operating expenses | $34.7M | $35.3M | −$635K | -2% |
| Pre-tax earnings | $39.5M | $37.3M | $2.2M | +6% |
| Other expense, net | $2.4M | $1.3M | $1.0M | +76% |
| Net earnings | $27.8M | $28.3M | −$473K | -2% |
| Income tax | $11.7M | $9.1M | $2.7M | +30% |
| Depreciation & amortization | $14.3M | $13.9M | $350K | +3% |
| Share-based compensation | $1.9M | $2.2M | −$302K | -14% |
| Working capital & other | $3.7M | $9.3M | −$5.6M | -60% |
| Operating cash flow | $40.3M | $35.2M | $5.2M | +15% |
| Free cash flow (OCF − capex) | $29.6M | $23.5M | $6.0M | +26% |
| Capital expenditures | $10.8M | $11.6M | −$855K | -7% |
Questions
How much did Hawkins's revenue grow quarter over quarter in Q2 FY27?
Hawkins's revenue fell $1.9M (-0.6%) from $316M in Q1 FY27 to $314M in Q2 FY27.
What drove Hawkins's revenue change in Q2 FY27?
Agricultural −$20.5M (-73%); Manufactured, blended or repackaged products +$15.0M (+8%); Bulk products +$3.2M (+11%).