Filing Flows › Martin Marietta Materials (MLM) › Q2 2026
Martin Marietta Materials (MLM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Martin Marietta Materials (MLM) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +21% from a year earlier and +43% from the quarter before. Operating margin was 19.1%, net earnings $251M (12.9% of revenue).
Martin Marietta Materials, Q2 2026: revenue $1.9B (+21% year over year), operating margin 19.1%, net earnings $251M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +43% | +21% |
| Gross profit | $495M | +60% | -0.2% |
| Operating profit | $372M | +130% | -10% |
| Net earnings | $251M | -83% | -23% |
| Operating cash flow | $112M | -51% | -71% |
What changed
Revenue was $1.9B in Q2 2026, up 21% year over year and up 43% from the previous quarter.
Gross margin was 25.4%, down 5.4 points from Q2 2025. Operating profit was $0.37B, a 19.1% margin (down 6.6 points year over year). Operating profit fell $0.04B even though revenue rose $0.34B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 48% against revenue growth of 21%. Net earnings were $0.25B, down 23% year over year. The effective tax rate was 20.3%.
Operating cash flow was $0.11B (down 71% year over year), 45% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.35B. Capital expenditures of $0.13B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was Martin Marietta Materials' revenue in the second quarter 2026?
Martin Marietta Materials (MLM) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), +21% from a year earlier and +43% from the quarter before.
Was Martin Marietta Materials profitable in the second quarter 2026?
Operating profit was $372M (19.1% of revenue) and net earnings $251M.