Filing Flows › Modine Manufacturing (MOD) › Q2 FY27 › vs Q2 FY26
Modine Manufacturing (MOD) Q2 FY27 vs Q2 FY26 (year over year)
Modine Manufacturing's revenue rose $256M (+35%) from $739M in Q2 FY26 to $994M in Q2 FY27. The biggest changes: Data Centers +$213M (+95%); Commercial HVAC +$39.3M (+17%); Performance Technologies +$2.9M (+1%). Gross margin 20.7% against 22.3% (-1.7 pts).
Modine Manufacturing, Q2 FY27: revenue $994M (+35% year over year), operating margin 9.8%, net earnings $30.3M, operating cash flow −$98.5M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 20.7% | 22.3% | -1.7 pts |
| Operating margin | 9.8% | 9.9% | -0.1 pts |
| Net margin | 3.0% | 6.1% | -3.0 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Data Centers | $437M | $224M | $213M | +95% |
| Performance Technologies | $288M | $285M | $2.9M | +1% |
| Commercial HVAC | $269M | $230M | $39.3M | +17% |
| Revenue | $994M | $739M | $256M | +35% |
| Gross profit | $205M | $165M | $40.5M | +25% |
| Cost of revenue | $789M | $574M | $215M | +37% |
| Operating profit | $97.8M | $73.5M | $24.3M | +33% |
| Operating expenses | $108M | $91.4M | $16.2M | +18% |
| Pre-tax earnings | $88.0M | $63.7M | $24.3M | +38% |
| Other expense, net | $9.8M | $9.8M | $0 | 0% |
| SG&A | $105M | $84.2M | $20.4M | +24% |
| Other operating costs | $3.0M | $7.2M | −$4.2M | -58% |
| Net earnings | $30.3M | $44.8M | −$14.5M | -32% |
| Income tax | $57.7M | $18.9M | $38.8M | +205% |
| Operating cash sources | $155M | $65.2M | $89.6M | +137% |
| Depreciation & amortization | $21.3M | $19.7M | $1.6M | +8% |
| Share-based compensation | $4.7M | $2.1M | $2.6M | +124% |
| Cash used in operations | $98.5M | −$1.4M | $99.9M | — |
| Working capital & other | $155M | $65.2M | $89.6M | +137% |
Questions
How much did Modine Manufacturing's revenue grow year over year in Q2 FY27?
Modine Manufacturing's revenue rose $256M (+35%) from $739M in Q2 FY26 to $994M in Q2 FY27.
What drove Modine Manufacturing's revenue change in Q2 FY27?
Data Centers +$213M (+95%); Commercial HVAC +$39.3M (+17%); Performance Technologies +$2.9M (+1%).