Filing Flows › Monro (MNRO) › Q2 FY26
Monro (MNRO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Oct 29, 2025
Monro (MNRO) reported revenue of $289M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and -4% from the quarter before. Operating margin was 4.4%, net earnings $5.7M (2.0% of revenue).
Monro, Q2 FY26: revenue $289M (-4% year over year), operating margin 4.4%, net earnings $5.7M, operating cash flow $32.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $289M | -4% | -4% |
| Gross profit | $103M | -4% | -3% |
| Operating profit | $12.8M | — | -3% |
| Net earnings | $5.7M | — | +0.3% |
| Operating cash flow | $32.3M | — | -48% |
| Free cash flow | $26.6M | — | -54% |
What changed
Revenue was $288.9M in Q2 FY26, down 4% year over year and down 4% from the previous quarter. Tires was the largest line at 47% of revenue. Tires lost $6.4M year over year (down 4%), 51% of the total change.
Gross margin was 35.7%, up 0.4 points from a year earlier. Operating profit was $12.8M, a 4.4% margin (unchanged year over year). Operating expenses fell 3% while revenue fell 4%. Net earnings were $5.7M, roughly flat year over year. The effective tax rate was 32.9%.
Operating cash flow was $32.3M (down 48% year over year), 571% of net earnings. Non-cash charges added back $15.3M of depreciation and amortization and $214K of share-based compensation. Working capital and other items added $11.2M. Capital expenditures of $5.7M left free cash flow of $26.6M.
Questions
What was Monro's revenue in the second quarter fiscal 2026?
Monro (MNRO) reported revenue of $289M for the second quarter fiscal 2026 (Q2 FY26), -4% from a year earlier and -4% from the quarter before.
Was Monro profitable in the second quarter fiscal 2026?
Operating profit was $12.8M (4.4% of revenue) and net earnings $5.7M.
Source: Monro 10-Q on SEC EDGAR.