Filing Flows › Kirby (KEX) › Q2 2026 › vs Q1 2026
Kirby (KEX) Q2 2026 vs Q1 2026 (quarter over quarter)
Kirby's revenue rose $78.3M (+9%) from $844M in Q1 2026 to $922M in Q2 2026. The biggest changes: Marine Transportation +$39.8M (+8%); Distribution and Services +$38.5M (+11%). Operating margin 13.3% against 12.8% (+0.5 pts).
Kirby, Q2 2026: revenue $922M (+8% year over year), operating margin 13.3%, net earnings $89.8M, operating cash flow $72.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 13.3% | 12.8% | +0.5 pts |
| Net margin | 9.7% | 9.6% | +0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Marine Transportation | $537M | $497M | $39.8M | +8% |
| Distribution and Services | $385M | $347M | $38.5M | +11% |
| Revenue | $922M | $844M | $78.3M | +9% |
| Operating profit | $122M | $108M | $14.7M | +14% |
| Costs & expenses | $800M | $736M | $63.6M | +9% |
| Pre-tax earnings | $118M | $105M | $13.7M | +13% |
| Other expense, net | $4.0M | $3.0M | $981K | +33% |
| SG&A | $88.7M | $101M | −$12.6M | -12% |
| Other operating costs | $711M | $635M | $76.2M | +12% |
| Net earnings | $89.8M | $81.3M | $8.5M | +10% |
| Income tax | $28.6M | $23.4M | $5.2M | +22% |
| Operating cash sources | $162M | $160M | $2.7M | +2% |
| Depreciation & amortization | $70.4M | $68.2M | $2.1M | +3% |
| Share-based compensation | $2.3M | $10.1M | −$7.9M | -77% |
| Working capital & other | $90.2M | $62.1M | $28.1M | +45% |
| Operating cash flow | $72.3M | $97.7M | −$25.4M | -26% |
Questions
How much did Kirby's revenue grow quarter over quarter in Q2 2026?
Kirby's revenue rose $78.3M (+9%) from $844M in Q1 2026 to $922M in Q2 2026.
What drove Kirby's revenue change in Q2 2026?
Marine Transportation +$39.8M (+8%); Distribution and Services +$38.5M (+11%).