Filing Flows › Kenvue (KVUE) › Q2 2026
Kenvue (KVUE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Kenvue (KVUE) reported revenue of $4.0B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +1% from the quarter before. Operating margin was 17.7%, net earnings $456M (11.5% of revenue).
Kenvue, Q2 2026: revenue $4.0B (+3% year over year), operating margin 17.7%, net earnings $456M, operating cash flow $688M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | +1% | +3% |
| Gross profit | $2.3B | 0% | +2% |
| Operating profit | $699M | -9% | +1% |
| Net earnings | $456M | -4% | +9% |
| Operating cash flow | $688M | +41% | +11% |
| Free cash flow | $624M | +78% | +17% |
What changed
Revenue was $4.0B in Q2 2026, up 3% year over year and up 1% from the previous quarter. Self Care was the largest line at 40% of revenue. Skin Health and Beauty added $0.05B year over year (up 5%), 47% of the total change.
Gross margin was 58.2%, down 0.7 points from Q2 2025. Operating profit was $0.70B, a 17.7% margin (down 0.4 points year over year). Of the extra revenue versus Q2 2025, 6% reached operating profit, below the 18% margin then. Operating expenses grew 2% against revenue growth of 3%. Net earnings were $0.46B, up 9% year over year. The effective tax rate was 23.7%.
Operating cash flow was $0.69B (up 11% year over year), 151% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.06B left free cash flow of $0.62B.
Questions
What was Kenvue's revenue in the second quarter 2026?
Kenvue (KVUE) reported revenue of $4.0B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +1% from the quarter before.
Was Kenvue profitable in the second quarter 2026?
Operating profit was $699M (17.7% of revenue) and net earnings $456M.
Source: Kenvue 10-Q on SEC EDGAR.