Filing Flows › Macy's (M) › Q2 FY27 › vs Q2 FY26
Macy's (M) Q2 FY27 vs Q2 FY26 (year over year)
Macy's's revenue rose $60.0M (+1%) from $5.0B in Q2 FY26 to $5.1B in Q2 FY27. Operating margin 4.8% against 3.0% (+1.8 pts).
Macy's, Q2 FY27: revenue $5.1B (+1% year over year), operating margin 4.8%, net earnings $169M, operating cash flow $294M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 4.8% | 3.0% | +1.8 pts |
| Net margin | 3.3% | 1.7% | +1.6 pts |
| Free cash flow margin | 4.5% | 4.8% | -0.3 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $5.1B | $5.0B | $60.0M | +1% |
| Operating profit | $244M | $149M | $95.0M | +64% |
| Costs & expenses | $4.8B | $4.8B | −$35.0M | -0.7% |
| Pre-tax earnings | $227M | $115M | $112M | +97% |
| Other expense, net | $17.0M | $34.0M | −$17.0M | -50% |
| Cost of revenue | $2.8B | $2.9B | −$52.0M | -2% |
| SG&A | $2.0B | $1.9B | $16.0M | +0.8% |
| Net earnings | $169M | $87.0M | $82.0M | +94% |
| Income tax | $58.0M | $28.0M | $30.0M | +107% |
| Depreciation & amortization | $206M | $218M | −$12.0M | -6% |
| Share-based compensation | $18.0M | $15.0M | $3.0M | +20% |
| Working capital & other | $99.0M | $1.0M | $98.0M | 99× |
| Operating cash flow | $294M | $319M | −$25.0M | -8% |
| Free cash flow (OCF − capex) | $229M | $240M | −$11.0M | -5% |
| Capital expenditures | $65.0M | $79.0M | −$14.0M | -18% |
Questions
How much did Macy's's revenue grow year over year in Q2 FY27?
Macy's's revenue rose $60.0M (+1%) from $5.0B in Q2 FY26 to $5.1B in Q2 FY27. Operating margin 4.8% against 3.0% (+1.8 pts).