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Filing Flows › Krystal Biotech (KRYS) › Q2 2026 › vs Q1 2026

Krystal Biotech (KRYS) Q2 2026 vs Q1 2026 (quarter over quarter)

Krystal Biotech's revenue rose $2.9M (+2%) from $116M in Q1 2026 to $119M in Q2 2026. Operating margin 49.0% against 46.1% (+2.9 pts).

Krystal Biotech, Q2 2026: revenue $119M (+24% year over year), operating margin 49.0%, net earnings $54.8M, operating cash flow $74.8M. The chart draws each line against Q1 2026, the increases inside each band.

Krystal Biotech: what changed, Q2 2026 vs Q1 2026Krystal Biotech: what changed, Q2 2026 vs Q1 2026Income tax$5.8MOperating cash flow−$5.6MWorking capital & other−$4.9MOperating profit$4.7MPre-tax earnings$4.6MCapital expenditures−$3.6MFree cash flow (OCF − capex)−$2.0MCosts & expenses−$1.9MSG&A−$1.2MNet earnings−$1.2M

Margins

Q2 2026Q1 2026Change
Operating margin49.0%46.1%+2.9 pts
Net margin45.9%48.1%-2.1 pts
Free cash flow margin59.7%62.9%-3.2 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$119M$116M$2.9M+2%
Other income, net$7.7M$7.8M−$91K-1%
Operating profit$58.4M$53.7M$4.7M+9%
Costs & expenses$60.8M$62.7M−$1.9M-3%
Pre-tax earnings$66.1M$61.4M$4.6M+8%
Research & development$14.5M$15.3M−$813K-5%
SG&A$39.9M$41.0M−$1.2M-3%
Other operating costs$6.4M$6.3M$114K+2%
Net earnings$54.8M$55.9M−$1.2M-2%
Income tax$11.3M$5.5M$5.8M+105%
Depreciation$1.4M$1.5M−$122K-8%
Share-based compensation$14.2M$13.6M$547K+4%
Working capital & other$4.5M$9.3M−$4.9M-52%
Operating cash flow$74.8M$80.4M−$5.6M-7%
Free cash flow (OCF − capex)$71.2M$73.2M−$2.0M-3%
Capital expenditures$3.6M$7.1M−$3.6M-50%

Questions

How much did Krystal Biotech's revenue grow quarter over quarter in Q2 2026?

Krystal Biotech's revenue rose $2.9M (+2%) from $116M in Q1 2026 to $119M in Q2 2026. Operating margin 49.0% against 46.1% (+2.9 pts).

Q2 2026 results → · Compare in the interactive Sankey →