Filing Flows › Ingles Markets (IMKTA) › Q2 FY26 › vs Q1 FY26
Ingles Markets (IMKTA) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Ingles Markets's revenue fell $65.1M (-5%) from $1.4B in Q1 FY26 to $1.3B in Q2 FY26. Gross margin 24.9% against 24.4% (+0.5 pts).
Ingles Markets, Q2 FY26: revenue $1.3B (-2% year over year), operating margin 2.6%, net earnings $24.3M, operating cash flow $83.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 24.9% | 24.4% | +0.5 pts |
| Operating margin | 2.6% | 2.9% | -0.2 pts |
| Net margin | 1.9% | 2.0% | -0.2 pts |
| Free cash flow margin | 5.1% | 0.1% | +5.0 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | −$65.1M | -5% |
| Gross profit | $325M | $335M | −$9.3M | -3% |
| Cost of revenue | $983M | $1.0B | −$55.8M | -5% |
| Operating profit | $34.5M | $39.1M | −$4.7M | -12% |
| Operating expenses | $291M | $295M | −$4.6M | -2% |
| Pre-tax earnings | $32.7M | $37.4M | −$4.7M | -13% |
| Net earnings | $24.3M | $28.1M | −$3.9M | -14% |
| Income tax | $8.5M | $9.3M | −$843K | -9% |
| Depreciation & amortization | $30.1M | $30.3M | −$220K | -0.7% |
| Working capital & other | $29.5M | −$20.0M | $49.5M | — |
| Operating cash flow | $83.8M | $38.4M | $45.4M | +118% |
| Free cash flow (OCF − capex) | $67.1M | $2.1M | $65.1M | 33× |
| Capital expenditures | $16.7M | $36.4M | −$19.7M | -54% |
Questions
How much did Ingles Markets's revenue grow quarter over quarter in Q2 FY26?
Ingles Markets's revenue fell $65.1M (-5%) from $1.4B in Q1 FY26 to $1.3B in Q2 FY26. Gross margin 24.9% against 24.4% (+0.5 pts).