Filing Flows › Janel (JANL) › Q2 FY26 › vs Q1 FY26
Janel (JANL) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Janel's revenue rose $1.4M (+3%) from $56.0M in Q1 FY26 to $57.4M in Q2 FY26. The biggest changes: Life Sciences and Manufacturing +$750K (+14%); Logistics +$655K (+1%). Gross margin 32.3% against 32.3% (-0.0 pts).
Janel, Q2 FY26: revenue $57.4M (+13% year over year), operating margin 2.7%, net earnings $717K, operating cash flow $4.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 32.3% | 32.3% | -0.0 pts |
| Operating margin | 2.7% | 1.7% | +0.9 pts |
| Net margin | 1.2% | 0.7% | +0.5 pts |
| Free cash flow margin | 8.2% | -26.1% | +34.3 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Logistics | $51.5M | $50.8M | $655K | +1% |
| Life Sciences and Manufacturing | $6.0M | $5.2M | $750K | +14% |
| Revenue | $57.4M | $56.0M | $1.4M | +3% |
| Gross profit | $18.6M | $18.1M | $451K | +2% |
| Cost of revenue | $38.9M | $37.9M | $954K | +3% |
| Operating profit | $1.5M | $978K | $567K | +58% |
| Operating expenses | $17.0M | $17.1M | −$116K | -0.7% |
| Pre-tax earnings | $1.2M | $1.1M | $56K | +5% |
| Other expense, net | $344K | −$167K | $511K | — |
| SG&A | $16.2M | $16.3M | −$116K | -0.7% |
| Other operating costs | $829K | $829K | $0 | 0% |
| Net earnings | $717K | $419K | $298K | +71% |
| Minority interests | $282K | $281K | $1K | +0.4% |
| Income tax | $202K | $445K | −$243K | -55% |
| Depreciation & amortization | $164K | $177K | −$13K | -7% |
| Share-based compensation | $63K | $62K | $1K | +2% |
| Working capital & other | $3.9M | −$15.2M | $19.1M | — |
| Operating cash flow | $4.8M | −$14.5M | $19.4M | — |
| Free cash flow (OCF − capex) | $4.7M | −$14.6M | $19.3M | — |
| Capital expenditures | $128K | $88K | $40K | +45% |
Questions
How much did Janel's revenue grow quarter over quarter in Q2 FY26?
Janel's revenue rose $1.4M (+3%) from $56.0M in Q1 FY26 to $57.4M in Q2 FY26.
What drove Janel's revenue change in Q2 FY26?
Life Sciences and Manufacturing +$750K (+14%); Logistics +$655K (+1%).