Filing Flows › MDU Resources Group (MDU) › Q2 2026 › vs Q2 2025
MDU Resources Group (MDU) Q2 2026 vs Q2 2025 (year over year)
MDU Resources Group's revenue rose $24.1M (+7%) from $351M in Q2 2025 to $375M in Q2 2026. Operating margin 12.8% against 8.6% (+4.1 pts).
MDU Resources Group, Q2 2026: revenue $375M (+7% year over year), operating margin 12.8%, net earnings $21.2M, operating cash flow $116M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 12.8% | 8.6% | +4.1 pts |
| Net margin | 5.7% | 3.9% | +1.7 pts |
| Free cash flow margin | 4.0% | 10.4% | -6.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $375M | $351M | $24.1M | +7% |
| Operating profit | $47.9M | $30.3M | $17.6M | +58% |
| Costs & expenses | $327M | $321M | $6.5M | +2% |
| Pre-tax earnings | $24.6M | $14.4M | $10.2M | +70% |
| Other expense, net | $23.4M | $15.9M | $7.5M | +47% |
| SG&A | $114M | $113M | $1.1M | +1% |
| Other operating costs | $213M | $208M | $5.4M | +3% |
| Net earnings | $21.2M | $13.8M | $7.5M | +54% |
| Income tax | $3.4M | $655K | $2.7M | +412% |
| Depreciation & amortization | $55.2M | $51.9M | $3.3M | +6% |
| Share-based compensation | $1.9M | $1.6M | $296K | +18% |
| Working capital & other | $37.7M | $50.1M | −$12.4M | -25% |
| Operating cash flow | $116M | $117M | −$1.3M | -1% |
| Free cash flow (OCF − capex) | $15.0M | $36.5M | −$21.5M | -59% |
| Capital expenditures | $101M | $80.9M | $20.1M | +25% |
Questions
How much did MDU Resources Group's revenue grow year over year in Q2 2026?
MDU Resources Group's revenue rose $24.1M (+7%) from $351M in Q2 2025 to $375M in Q2 2026. Operating margin 12.8% against 8.6% (+4.1 pts).