Filing Flows › Miller Industries (MLR) › Q2 2026
Miller Industries (MLR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Miller Industries (MLR) reported revenue of $240M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +33% from the quarter before. Operating margin was 4.2%, net earnings $7.3M (3.0% of revenue).
Miller Industries, Q2 2026: revenue $240M (+12% year over year), operating margin 4.2%, net earnings $7.3M, operating cash flow $32.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $240M | +33% | +12% |
| Gross profit | $35.9M | +40% | +4% |
| Operating profit | $10.1M | +528% | -11% |
| Net earnings | $7.3M | 13× | -14% |
| Operating cash flow | $32.2M | +5% | +18% |
| Free cash flow | $28.0M | +23% | +10% |
What changed
Revenue was $240.0M in Q2 2026, up 12% year over year and up 33% from the previous quarter.
Gross margin was 15.0%, down 1.2 points from Q2 2025. Operating profit was $10.1M, a 4.2% margin (down 1.1 points year over year). Operating profit fell $1.3M even though revenue rose $26.0M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 11% against revenue growth of 12%. Net earnings were $7.3M, down 14% year over year. The effective tax rate was 27.8%.
Operating cash flow was $32.2M (up 18% year over year), 443% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $19.6M. Capital expenditures of $4.2M left free cash flow of $28.0M.
Questions
What was Miller Industries' revenue in the second quarter 2026?
Miller Industries (MLR) reported revenue of $240M for the second quarter 2026 (Q2 2026), +12% from a year earlier and +33% from the quarter before.
Was Miller Industries profitable in the second quarter 2026?
Operating profit was $10.1M (4.2% of revenue) and net earnings $7.3M.
Source: Miller Industries 10-Q on SEC EDGAR.